Einhorn Gets Fund Back to Near Even With Value Stocks Soaring

  • ‘Bubble basket’ may have weighed on performance in November
  • Greenlight funds rose 9.4% in month, now down 1.1% this year
David EinhornPhotographer: Alex Flynn/Bloomberg
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David Einhorn’s Greenlight Capital hedge funds rose 9.4% in November -- their best monthly showing this year -- bringing them near positive ground as value stocks surged.

Greenlight is now down 1.1% in 2020, according to an investor update viewed by Bloomberg. It was Einhorn’s fifth straight positive month.