David Einhorn, founder and president of Greenlight Capital, recently discussed the fund's 2013 performance in a conference call. The transcript of the call, as well as some post-game commentary by UBS, is below.
David Einhorn on GLRE call:
"Thanks, Bart, and good morning, everyone. The Greenlight Capital Re, Ltd. (NASDAQ:GLRE) investment portfolio returned 6.6% in the fourth quarter and 19.6% in 2013. During the quarter, our longs outperformed the S&P 500 as shorts went up less than the market and macro positions led by the yen were a slight contributor. This is also the case for the full year as we generated alpha in both our long...
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