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Sohn Investment Conference: David Einhorn Says Buy Gold

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Michelle deBoer-Jones
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Whenever hedge fund managers present ideas at investment conferences, they usually offer stocks. However, at the 2022 Sohn Investment Conference, David Einhorn of Greenlight Capital laid out a compelling case for owning gold right now.

"Indoctrination" Into Gold

Einhorn's grandfather started urging him to own gold when he was a very small child. His grandpa Ben warned that when the gold standard was replaced with fiat money, it would end with terrible inflation. The young Einhorn asked his grandfather when that would happen, and he said "eventually."

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.