Jul
31
David Einhorn Pens The “Flowers For Algernon” Of Investor Letters
ByWe’ve read a few hedge fund investor letters in our time, and we’d like to think that we have a feel for the tone and meter of how hedge fund managers convey their innate undeniable brilliance despite what the performance of their actual fund might indicate.
Up, down, or sideways, the true legends of the game always keep it 100 when it comes to their confidence in themselves. Investors need to know that those losses are fixable because this master of the universe has this situation on lock. It’s almost a comfort to read that these guys are still able to put an ego flourish on a letter admitting to objectively shameful performance…
David Einhorn Pens The “Flowers For Algernon” Of Investor Letters
