David Einhorn (Trades, Portfolio) is President of Greenlight Capital (a value-oriented investment advisor). He is most famous for his short bet against Lehman Brother during 2008 crisis. Einhorn believes an investment approach emphasizing intrinsic value will achieve consistent absolute investment returns and safeguard capital regardless of market conditions. He is a noted activist investor, taking positions in companies, and then pushing management to implement changes.
Last quarter, he initiated a position in Life Time Fitness, Inc. (NYSE:LTM) by buying 1,835,685 of its shares. The company has a good history of growth and is available at a reasonable valuation. Gurufocus has a business predictability rating of 3.5 star on the company. Here's a look at the company in detail. Continue Reading »