1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
matsandalex
matsandalex
Articles (245) 

Einhorn Increases Short Positions

November 08, 2012 | About:

On last week's conference call, David Einhorn sounded more bearish than at any time over the last three years.

Einhorn said that he has increased his short portfolio over the last quarter:

“Despite rising markets, which have been supported by the various central bank monitory policies of continual printing, we are considered about several headwinds which conclude an economic slowdown in Europe, Japan and China, arising key commodity prices, including food and energy and a slight determination in corporate earnings growth.

During the quarter we cut our net exposure in half and we ended the September more conservatively positioned at 26% net long. Our gross short exposure increased from 53% to 70% and we had a modest decrease in our gross long exposure as we took some profit in the rising market.”

It appears that the increase in his short portfolio is the Daily Mail, the second-largest UK newspaper. Einhorn disclosed a short position of 4.4 percent of all the shares of the company.


Rating: 4.1/5 (8 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


pbarker468 values
pbarker465 year low
RiteshXSharmaDefense Stocks
DANGORDONMARGIN SAFETY 7-31-16
DANGORDONMARGIN SAFETY 7-30-16
Cyc2013M-Screen 7-30-16 v2
Cyc2013M-Screen 7-30-16
kkopacz.bizGetPeterLynchScreens_v3
kkopacz.bizGetPeterLynchScreens_v2
kkopacz.bizGetPeterLynchScreens

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK