David Einhorn

Date of Birth: November 20, 1968

Zodiac Sign: Scorpio

Date of Death: *Date of Death not applicable, David Einhorn is alive.*

Biography

David Einhorn is a prominent American hedge fund manager and the founder and president of Greenlight Capital, a long-short value-oriented hedge fund. Born into a Jewish family in New Jersey, Einhorn grew up in Wisconsin and later attended Cornell University, where he graduated summa cum laude with a BA in Government in 1991. He founded Greenlight Capital in 1996 with a starting capital of $900,000 and quickly made a name for himself with his astute investment strategies and public critiques of major companies. Einhorn gained significant attention in 2002 after he publicly shorted Allied Capital, accusing the company of accounting fraud. His criticism led to investigations by the SEC and eventually proved Einhorn’s allegations were correct. Another notable moment in his career was his 2008 short sale of Lehman Brothers, predicting the bank’s financial troubles before it collapsed. Einhorn is also known for his philanthropic activities, including his involvement with the Einhorn Family Charitable Trust, which supports educational and community programs.

5 Interesting Facts about David Einhorn

1. David Einhorn won the World Series of Poker charity event in 2006, donating his $660,000 winnings to charity.

2. He is known for his keen ability to spot financial fraud, having famously exposed Allied Capital and Lehman Brothers.

3. Einhorn is an avid poker player and has competed in several high-stakes poker tournaments.

4. In 2011, he attempted to buy a minority stake in the New York Mets, but the deal fell through.

5. Greenlight Capital’s name is inspired by the Greenlight Bookstore in Brooklyn, a nod to his love for reading and learning.

5 Most Interesting Quotes from David Einhorn

1. “No matter how much you like a company, you can’t love it if the stock is too expensive.”

2. “The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.”

3. “Sometimes success comes from simply being willing to outlast the failures.”

4. “The stock market is filled with individuals who know the price of everything, but the value of nothing.”

5. “We try to find situations where we can be both contrarian and right.”

Highest Net Worth Achieved

David Einhorn’s highest net worth achieved is estimated to be around $1.5 billion.

Children

David Einhorn has three children with his ex-wife Cheryl Strauss Einhorn, whom he married in 1993. The details and names of his children are kept relatively private.