Our man of the hour, David Einhorn, has said academic research and his firm’s experience indicate that whenever management complains about short-selling, it is a sign that management is attempting to distract investors from serious problems. Einhorn said that back in May. I would like to add a corollary to Einhorn’s principle: whenever management convinces [...]
Posts Tagged as ‘David Einhorn’
September 17, 2008
Someone Should Interview David Einhorn
Back in early summer, a friend of mine who works used to work at Lehman as an analyst told me about this New York Magazine article on David Einhorn. She said all her coworkers anticipated its publication. I wonder what they think of David Einhorn now. Einhorn began shorting Lehman’s stock last May when he uncovered discrepancies [...]