17-01-2017 18:18 via feedproxy.google.com

EINHORN: Here's how to play the Trump presidency

David Einhorn's latest investment letter just dropped.
The hedge fund legend and founder of Greenlight Capital returned 4.5% in the fourth quarter, taking the year-to-date return to 8.4%, according to the letter. The fund has now returned 2,090% since its inception in 1996, or 16.1% annualized.
"Since Election Day, the market appears to have changed its macroeconomic outlook and is re-evaluating the prospects for many companies accordingly," the letter said. "This change in tone has been favora
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