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Investors Disappointed by Lack of Big Idea from Einhorn

Holly LaFon

Holly LaFon

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At the 2008 Ira Sohn Conference, David Einhorn gave a famously prescient take on Lehman Brothers before its collapse. Nothing like that happened like that this year, though he offered transparent ideas on some companies:

NEW YORK (Reuters) - Investor David Einhorn built his reputation as a hedge fund industry superstar through targeted presentations that took on companies like Lehman Brothers, MBIA and Green Mountain Coffee Roasters.But on Wednesday, Einhorn was more scattershot in a 15-minute talk at the annual Sohn Investment Conference, where he was one of most highly anticipated speakers.

As he launched into his talk, Einhorn warned the crowd that he would take them around the world in 137 slides, and he delivered. At breakneck speed he rattled off his worries about Martin Marietta Materials, reiterated his love for AppleContinue reading.


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