Einhorn’s Q2 Letter
- Posted by ToddSullivan
- on July 20th, 2009
Interesting move was going from $GLD for owning physical gold and storing it because “storage was cheaper than GLD fees”…. kind of gives a bit more credence to all the gold commercials we see on TV.
Also bought Dow Chemical (DOW) at $10 and sold at $12 “way too soon”.
It is a 5 page letter and worth the tie to read (click all images to enlarge). The quote at the end is simply the best…..read it to see it
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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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