Reported 5 months ago
Billionaire hedge fund manager David Einhorn has declared that value investing, a strategy favored by Warren Buffett, is "dead." Einhorn, president of Greenlight Capital, has shifted away from traditional value investing due to what he perceives as broken market structures. He now focuses on companies that are misunderstood and undervalued, emphasizing price discipline, cash flow, and a concentrated portfolio of 15 to 20 companies. Einhorn's revised approach contrasts with traditional value investing strategies, and individuals should consider their investing goals and risk tolerance when deciding between the two methods.
Source: YAHOO