We try not to have many investing ‘rules,’ but there is one that has served us well: If we decide we were wrong about something, in terms of why we did it, we exit, period. David Einhorn Read Quote
I worked in investment banking for two years. I was in a program where they kind of just owned you. And you – I didn’t realize that I’ve signed up for that, which was one of the problems. I didn’t know anybody who’d done this. David Einhorn Read Quote
I’ve got a fantasy-baseball team with my brother. But I have to admit, he does all the work. David Einhorn Read Quote
During my freshman year at Cornell, I joined my dorm’s intramural football team. At the first practice, upper classmen pointed out I was tall, so I should try playing QB. Well half an hour later, it was abundantly clear that I should not be the QB. David Einhorn Read Quote
For one thing, Greenlight only hires nice people. By that, I don’t mean that we avoid hiring jerks. I mean we actively look to hire people who are nice. David Einhorn Read Quote
My father and grandfather were businessmen. The family business was Adelphi Paints in New Jersey. When the first energy crisis came in the early 1970s, the business suffered. David Einhorn Read Quote
The enthusiasm for Tesla and other bubble-basket stocks is reminiscent of the March 2000 dot-com bubble. As was the case then, the bulls rejected conventional valuation methods for a handful of stocks that seemingly could only go up. While we don’t know exactly when the bubble will pop, it eventually will. David Einhorn Read Quote
