Consuelo Mack Interview David Einhorn; Einhorn Top Sells: LMT and EMC

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Nov 22, 2010
On this week’s Consuelo Mack WealthTrack, a rare television interview with the prescient hedge fund manager who correctly called the precarious condition of financial firms from Allied Capital to Lehman Brothers and the financial system as a whole. Greenlight Capital’s David Einhorn discusses the current state of the markets and his investments with host Consuelo Mack.



Check out WealthTrack for other interviews and transcripts.

Einhorn’s 3Q10 portfolio is disclosed. Here are his top sells during the quarter:

No. 1: Lockheed Martin Corp. (LMT, Financial), Sell: 1.63% of the portfolio - Total: 0 Shares

Lockheed Martin Corp. is a global enterprise principally engaged in the research, design, development, manufacture and integration of advanced-technology systems, products and services. Lockheed Martin Corp. has a market cap of $25.17 billion; its shares were traded at around $69.43 with a P/E ratio of 9.74 and P/S ratio of 0.56. The dividend yield of Lockheed Martin Corp. stocks is 3.63%. Lockheed Martin Corp. had an annual average earning growth of 17% over the past 10 years. GuruFocus rated Lockheed Martin Corp. the business predictability rank of 2.5-star.



No. 2: EMC Corp. (EMC, Financial), Sell: 3.19% of the portfolio - Total: 0 Shares

EMC Corporation and its subsidiaries design, manufacture, market and support a wide range of hardware and software products and provide services for the storage, management, protection and sharing ofelectronic information. Emc Corp. has a market cap of $44.81 billion; its shares were traded at around $21.82 with a P/E ratio of 23.46 and P/S ratio of 3.19. Emc Corp. had an annual average earning growth of 8.2% over the past 5 years.



Check out Einhorn’s portfolio by clicking on David Einhorn.