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Profit By Finding The Truth

Posted on June 16, 2008

Hedge funds take a lot of flack for shorting stocks and then driving down prices by going public with short stories. Recently, David Einhorn of Greenlight Capital has been the subject of disparaging articles in his attempt to explain his short position on Lehman Brothers (LEH). It turns out the Einhorn has been exactly right in his analysis and his position has simply been a an attempt to profit by finding the truth. He had to do extensive research, have steadfast conviction, and extremely thick skin to uncover the truth and profit from his short sale of that stock. Which makes the...

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crude , gas , oil , trading
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