ECONOMIC SILUET: See why David Einhorn is shorting stocks like those held by Cathie Wood

Selasa, 17 Januari 2023

See why David Einhorn is shorting stocks like those held by Cathie Wood

David Einhorn is Shorting Innovation Stocks Including Those Held by Cathie Wood

Greenlight Capital's David Einhorn posted one of his best years ever with an outstanding return north of 30%, thanks in part to his short position in a slew of innovative technology stocks like those touted by growth investor Cathie Wood.

The star hedge fund manager said his fund rallied 36.6% in 2022, compared to a 19.4% loss for the S&P 500. Einhorn also said he is still short some 'bubble' names.

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Subscribe to CNBC Pro to see why "2022 was an exceptionally good year" for Einhorn and the stocks he's shorting into 2023, many of which seem to be the constituents of Wood's flagship ARK Innovation ETF.

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