“The macro environment has continued to be favorable for us, but it now feels like the tailwinds are picking up speed,” the letter said.
David Einhorn’s Greenlight Capital returned 11.9% last year and has added another enormous long position in Global Payments Inc. The company’s funds advanced 18.6% in the final quarter with practically each of the increases coming from long situations, as indicated by a letter to investors. Shorts and large scale positions were additionally profitable.
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