Greenlight Capital, a hedge fund founded by David Einhorn in 1996, recently released its Q4 investor letter – you can download a copy below.
The hedge fund returned (1.6%), net of fees and expenses, in the fourth quarter of 2017, bringing the year-to-date net return to 1.6%. In a comparison, the S&P 500 index returned 6.6% during the fourth quarter, bringing its year-to-date return to 21.8%.
According to Greenlight Capital, 2017 was a challenging year for the fund.
Despite it being a good...
