David Einhorn: Still a Value Investor in a Broken Market | The Acquirer's Multiple®
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David Einhorn: Still a Value Investor in a Broken Market | The Acquirer's Multiple®
In his conversation with David Rubenstein, David Einhorn discussed his view on the current state of value investing. When asked if value investing had been profitable over the last decade. His diagnosis of the current market is: “The market structure has changed and there has been what I consider it to be a broken market or the value investing industry I think is defeated, so to speak.” Einhorn explained how the investing landscape has transform…
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