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
Holly LaFon
Holly LaFon
Articles (5568) 

David Einhorn Comments on Gjensidige Forsikring

October 16, 2013 | About:


We exited two successful long positions in the quarter. We invested in Gjensidige Forsikring (Norway: GJF), a P&C insurer, when it IPO’d in the fourth quarter of 2010. The story played out nicely as the company executed on its IPO plan to improve its underwriting, cost management,and capital discipline. We sold when GJF reached a fair valuation and we earned a 27% IRR over three years.

From David Einhorn’s Greenlight Capital third quarter 2013 letter.


Rating: 1.0/5 (3 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


akhandOld Faithful
carlecholsOld Faithful
herb.singhLow debt high ROIC with cheap
cpetrouRees-ALL countries plus rev gr
cpetrouPetain Mini Buffet-ALL countri
cpetrouRees-US plus rev growth
Ahmadou.DiarraBeetween
rmaluskiWatchlist (NC)
Gina ZhangSmall/Mid Cap
DBrizanHigh Quality 4May2016

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