Hedge fund guru David Einhorn, with Greenlight Capital's impressive 27.7% gain in the first nine months of 2023, expresses market concerns. Expecting rising oil prices, Einhorn positions for undervalued stocks, his insights closely watched for investment trends.
In a Wednesday letter to Reuters, Einhorn and team highlight worry due to heightened geopolitical tensions, foreseeing a lasting impact and projecting downward pressure on stock prices beyond the short term.