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Friday, July 26, 2013

Greenlight Capital 2013 Q2 Letter to Investors

David Einhorn is out with his Q2 Letter to investor today. YTD they are up 7.1% YTD. In the letter he walks through their bullish thesis on GM, AAPL, VOYA, and others. He then goes on to walk through a number of closed positions in the quarter and briefly highlights their original thesis showing how it either has or has not played out. At quarter end the largest positions were Apple, General Motors, Gold, Marvell Technology, Oil States International, and Vodafone Group. Greenlight ended the quarter 109% long and 63% short. Enjoy:

Greenlight Capital Q2 2013 shareholder letter

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