Greenlight Capital’s Einhorn says fund will ‘continue to underperform’ bull market

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Oct. 16, 2024 2:33 PM ETS&P 500 Index (SP500)BAC, ODP, RYAAY, BRK.A, BRK.B, RYAOF, GRBK, XAUUSD:CUR, NWGBy: Anuron Mitra, SA News Editor

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U.S. hedge fund Greenlight Capital’s Q3 returns were significantly lower than Wall Street’s benchmark S&P 500 index (SP500), and founder David Einhorn said that the firm was likely to “continue to underperform a rising market.”

Greenlight Capital’s funds returned 1.1% in

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