๐ŸŽฒ

David Einhorn

The Short Seller's Short Seller

Greenlight Capital

Net Worth
~$2.5B
AUM
$3B (Greenlight Capital)
Born
November 20, 1968
Style
Value investing
๐Ÿ“– Biography

David Einhorn started Greenlight Capital in 1996 with $900,000 and built a reputation as one of Wall Street's most feared short sellers. His specialty is deep forensic accounting analysis โ€” finding the numbers that companies hope investors won't notice. His public takedown of Lehman Brothers in May 2008 is legendary: he presented detailed evidence that Lehman was hiding losses and overvaluing assets. Wall Street dismissed him. Four months later, Lehman filed the largest bankruptcy in history. Einhorn is also a serious poker player who finished 18th in the 2006 WSOP Main Event. He donated his winnings to the Michael J. Fox Foundation.

โšก Publicly calling out Lehman Brothers as insolvent (May 2008) โ€” 4 months before collapseโšก Allied Capital short โ€” exposed fraud, endured SEC investigation, vindicatedโšก World Series of Poker: finished 18th in 2006 Main Event ($659K)โšก Donating poker winnings to charity
Investment Philosophy

โ€œQuestion everything. The numbers don't lie โ€” but the people presenting them might. Being early and being wrong look the same until they don't.โ€

๐Ÿ† Greatest Trade

Lehman Brothers short (2007-2008) โ€” public presentation in May 2008

Lehman collapsed in September. Greenlight made hundreds of millions.

๐Ÿ’€ Worst Trade

Long value / short growth (2017-2020) โ€” wrong side of the tech boom

Greenlight underperformed for years as growth stocks crushed value. Tough stretch for the fund.

๐Ÿ’ฌ Famous Quotes

โ€œThe difference between a value trap and a bargain is that a bargain has a catalyst.โ€

โ€œAccounting is the language of business. You have to be fluent.โ€

๐Ÿ“… Career Timeline
1968

Born in Demarest, New Jersey

1996

Founds Greenlight Capital with $900K

2002

Publicly shorts Allied Capital โ€” starts 5-year battle

2006

Finishes 18th at WSOP Main Event

2008

Calls out Lehman Brothers โ€” vindicated 4 months later

๐Ÿ“Š

13F Data Coming Soon

Portfolio data for David Einhorn will appear here once the 13F pipeline runs. Updated quarterly.

Get notified when David Einhorn makes major moves

TheBRRR covers 13F filings, market-moving trades, and macro analysis โ€” delivered free before market open.

Subscribe Free โ†’

Explore Other Legends