David Einhorn Q1: Long YELP [FULL Q1 2016 Letter]

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David Einhorn Q1: Long YELP [FULL Q1 2016 Letter]
David Einhorn Q1 2016 Letter

David Einhorn Q1 2016 Letter is below in PDF – Einhorn has a new long macro bet, a new long stock position in Yelp, is still short PXD and thinks the stock is headed much lower and other interesting tidbits are included in the letter – see the full text in Einhorn’s words below.

David Einhorn Q1 2016 Letter

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Gates Capital Returns 32.7% Tries To Do “Fewer Things Better”

Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More

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