Greenlight Capital Q2’18 Investor Letter

Greenlight Capital recently released its Q2 investor letter – you can download a copy below.

The hedge funds says that it “had another difficult quarter and lost an additional (5.4)%, bringing the funds’ year-to-date loss to 18.3%. During the quarter, the S&P 500 index returned 3.4%, bringing its year-to-date return to 2.6%.

The fund states:

Over the past three years, our results have been far worse than we could have imagined, and it’s been a bull market to boot. Yes, we have made some...