David Einhorn: "Bernanke is an inflationist"
- Posted by ToddSullivan
- on January 29th, 2009
Because of the Fed’s actions, Greenlight Capital’s David Einhorn is buying gold (GLD)
From his recent letter:
This jives with what I have been saying here. Point to note, these swings are usually long term trends. Be patient. The macro-events that will cause gold to rise will take a while to unfold. just tuck it away..
Remember Allied Capital (ALD), the target of Einhorn’s Book “Fool some of The People”? Allied may just default ot was announced yesterday.
Disclosure (“none” means no position):None
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Todd's investing strategy is essentially long with the rare short. He seeks to buy undervalued issues with an upcoming catalyst that will help them realized.... More »
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