Greenlight Capital’s 2014 Q4 investor letter is out. David Einhorn‘s long-short partly activist hedge fund returned 8% in 2014 after gaining 5.6% net of fees during the fourth quarter. The most interesting point made in this investor letter is about oil prices and how he avoided huge losses by following Zach Schreiber’s advice. Here is what Einhorn said about Zach Schreiber:
“At last year’s Sohn Investment Conference, Stan Druckenmiller introduced Zachary Schreiber as a rising star. Zach...
