August 7, 2014

Doug Kass: David Einhorn basket of shorts have done well

David Einhorn's basket of shorts has probably performed reasonably well, even as we are at record index highs. I have no idea what names he shorted, but LinkedIn and Twitter are down 15% and 26%, respectively, year-to-date, for example. Obviously, there are highfliers that have kept soaring, but I am guessing Greenlight has some solid winners in his basket.