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Can David Einhorn's Large-Cap Picks Beat the Market?
2015-07-06 22:46:22| Semiconductors - Topix.net
Recently, we have been going through our extensive database which covers over 700 hedge funds and decided to look closer at the top large-cap picks of David Einhorn , the manager of Greenlight Capital . We have run several backtests and it turns out that Einhorn's top five equally weighted large-cap positions returned 0.29% in average monthly gains versus an identical 0.29% for the S&P 500 between 2008 and 2012.
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