What did I say? when the good thing happen in your life, take it and enjoy it. I was referring to the public appearances of David Einhorn this week. First we say him at CNBC, then we read about his speech at Reuters 2010 Investment Outlook Summit. It turns out, Einhorn was the guest of Charlie Rose on Monday, Dec. 6, 2010.
The twenty-minute interview can be watched by following this link.
Much of the interview was the on the handling or the mishandling of the government agencies (Fed and SEC) of the past crisis. For those following David Einhorn on his stock tips, Einhorn made the following comment on Apple Inc. (NASDAQ:AAPL):
Charlie Rose: So you like Apple.
David Einhorn: Very much. Apple is an interesting company because it has arguably one of the best brands in the country. It's growing at an enormous rate. And the growth effectively feeds on itself because when you buy one Apple product, you want to buy another because they're so nicely compatible. The result is that businesses, which for a generation essentially avoided Apple products, are adopting them now because of the demand from the employees. They come in with their iPhones and they say, "I want you to support this with my e-mail." That's a powerful growth story. With the introduction of the iPad, it's sort of reaching a critical mass right now.
As I stated over and over, GuruFocus tracks David Einhorn’s long positions and Apple is one of them. Here is the holding history:
Check his other stock holdings by clicking on David Einhorn.