David Einhorn to speak as the priciest market in decades gets even pricier postelection
Publishing timestamp: 2024-11-12 15:24:21
Summary
David Einhorn's cautious stance in the priciest stock market of his career has led to a 9% return for his hedge fund in 2024, compared to the S&P 500's 20% gain. He will be speaking at CNBC's Delivering Alpha Investor Summit to share his views on equity valuations and inflation post-election. Despite some bullish stock picks, Greenlight has underperformed due to low net exposure and lack of investments in popular names. Einhorn's bet on gold has fared well as inflation has moderated.
Sentiment: NEUTRAL
Tickers: XAU=, GLRE, ALIT, PTON, VTRS, .SPX,
Keywords: investment strategy, david einhorn, new york, wall street, breaking news: markets, greenlight capital re ltd, business news, markets, breaking news: business, stock markets, new york city, breaking news: investing,