David Einhorn, manager of Greenlight Capital, has been earning 26% average annual returns for his hedge fund over the past 10 years. He uses a long and short strategy, based on extensive research. I find it interesting to read some of the better managers' letters to shareholders. Here is a link to Greenlight Capital Annual 2008 letter to shareholders.
Greenlight Capital - 2008 Annual Report
SG
Sunday, March 22, 2009
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