David Einhorn’s Greenlight Capital returned -14.3% net of fees and expenses for the third quarter of 2015 compared to the S&P 500’s return of -8.2%. Year-to-date the fund is down 17.1% compared to a loss of 5.3% for the S&P 500, according to the fund’s October letter to investors and reviewed by ValueWalk. Greenlight Capital 3Q15 Letter: Still Long Sune, MU, CONSOL During October, Greenlight recovered some of its losses as the fund returned 0.7%. However, even after including these minuscule gains, the fund is still down 16.4% year-to-date. Greenlight’s poor third quarter and year-to-date performance can be attributed to the…
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