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Einhorn’s Greenlight Capital sees down month in July: Source
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  August 2, 2015
CNBC News: One of the hedge-fund industry's most respected stock pickers, David Einhorn, struggled in July, with his flagship Greenlight Capital LP fund dropping 6.1 percent, according to a person who reviewed his figures. The downbeat performance left Einhorn's fund down 9 percent year-to-date.  Given that stock markets have mostly rallied of late, the exact sources of Greenlight's pain weren't entirely clear. Yet two of its larger long positions, according to filings, were down substantially: Consol Energy, which dropped 24 percent; while SunEdison, another energy company, tumbled 22 percent. Public filings, however, typically don't reveal an investor's short, or bearish, positions—an area in which Einhorn tends to be active. Broadly speaking, Greenlight's shorts could have been harmed by a modest stock-market rally, which pushed the S&P 500 Index up nearly 2 percent for the month. Still, one of the stocks Einhorn has been most bearish about of late ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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