David Einhorn

Fooling Some of the People All of the Time

A Long Short Story. Forew. by Joel Greenblatt

• Gebundenes Buch

Produktbeschreibung

David Einhorn is the President and founder of Greenlight Capital, a long-short value-oriented hedge fund, which started with $1 million under management in 1996. Over the ensuing years, Greenlight has generated greater than a twenty-five percent annualized net return for its partners. Einhorn is the Chairman of Greenlight Capital Re, Ltd. (Nasdaq: GLRE) and serves on the boards of the Michael J. Fox Foundation for Parkinson's Research and Hillel: The Foundation for Jewish Campus Life. Einhorn has pledged his entire personal share of the profits from Greenlight's short-sale of Allied and this book to charity.

Produktdetails

• Verlag: Wiley & Sons
• Erscheinungstermin: Mai 2008
• Gewicht: 665g
• ISBN-13: 9780470073940
• ISBN-10: 0470073942
• Artikelnr.: 22802290

Autorenporträt

David Einhorn is the President and founder of Greenlight Capital, a long-short value-oriented hedge fund, which started with $1 million under management in 1996. Over the ensuing years, Greenlight has generated greater than a twenty-five percent annualized net return for its partners. Einhorn is the Chairman of Greenlight Capital Re, Ltd. (Nasdaq: GLRE) and serves on the boards of the Michael J. Fox Foundation for Parkinson's Research and Hillel: The Foundation for Jewish Campus Life. Einhorn has pledged his entire personal share of the profits from Greenlight's short-sale of Allied and this book to charity.

Inhaltsangabe

- Foreword
- Acknowledgments
- Who's Who
- Introduction. The Spark of a Speech

Part One. A Charity Case and Greenlight Capital
- Chapter 1. Before Greenlight
- Chapter 2. Getting the "Greenlight"
- Chapter 3. Greenlight's Early Success
- Chapter 4. Value Investing through the Internet Bubble
- Chapter 5. Dissecting Allied Capital

Part Two. Spinning So Fast Leaves Most People Dizzy
- Chapter 6. Allied Talks Back
- Chapter 7. Wall Street Analysts
- Chapter 8. You Have Got to Be Kidding Me Method of Accounting
- Chapter 9. Fact--Or Maybe Not
- Chapter 10. Business Loan Express
- Chapter 11. Disengaging and Re-engaging
- Chapter 12. Me or Your Lyin' Eyes?
- Chapter 13. Debates and Manipulations
- Chapter 14. Rewarding Shareholders
- Chapter 15. BLX Is Worth What, Exactly?

Part Three. Would Somebody, Anybody, Wake Up?
- Chapter 16. The Government Investigates
- Chapter 17. A Tough Morning
- Chapter 18. A Spinner, a Scribe, and a Scholar
- Chapter 19. Kroll Digs Deeper
- Chapter 20. Rousing the Authorities
- Chapter 21. A $9 Million Game of Three-Card Monte

Part Four. How the System Works (and Doesn't)
- Chapter 22. Hello, Who's There?
- Chapter 23. Whistle-Blower
- Chapter 24. A Naked Attack
- Chapter 25. Another Loan Program, Another Fraud
- Chapter 26. The Smell of Politics
- Chapter 27. Insiders Getting the Money Out

Part Five. Greenlight Was Right . . . Carry On
- Chapter 28. Charges and Denials
- Chapter 29. Charges and Admissions
- Chapter 30. Late Innings
- Chapter 31. The SEC Finds a Spot under the Rug
- Chapter 32. A Garden of Weeds
- Chapter 33. A Conviction, a Hearing, and a Dismissal
- Chapter 34. Blind Men, Elephants, Mobius Strips, and Moral Hazards

- Glossary
- About the Author
- Index