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>> EUROPEAN CENTRAL BANK Latest News

MAY 10, 2013 - Zero Hedge

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David Einhorn's Q1 Investor Letter: "Under The Circumstances, It Is Curious That Gold Isn’t Doing Better."

Sadly, not much in terms of macro observations this quarter or discussions of jelly donuts, but a whole lot on the fund's biggest Q1 underperformer, Apple and the hedge fund's ongoing fight for shareholder friendly capital reallocation as well as proving Modigliani-Miller wrong. And then this cryptic ellipsis: "Under the circumstances, it is curious that gold isn’t doing better." Say no more, David. We get it. In other positional news, Greenlight closed out longs in XRX and ESV and shorts in AVB and MBI. Greenlight also initiated a long position in Germany EVK (ahead of public listing). It ... Read More

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