When This Man Talks, Markets Listen

When This Man Talks, Markets Listen
LAS VEGAS - AUGUST 07: David Einhorn of New York competes in the World Series of Poker no-limit Texas Hold 'em main event at the Rio Hotel & Casino August 7, 2006 in Las Vegas, Nevada. Einhorn finished the day in third place with almost seven million in chips. The main event, which began with more than 8,700 players on July 28, was narrowed to 27 players today. The last nine players will compete for the top prize of $12 million on the final table, which begins August 10. (Photo by Ethan Miller/Getty Images)
LAS VEGAS - AUGUST 07: David Einhorn of New York competes in the World Series of Poker no-limit Texas Hold 'em main event at the Rio Hotel & Casino August 7, 2006 in Las Vegas, Nevada. Einhorn finished the day in third place with almost seven million in chips. The main event, which began with more than 8,700 players on July 28, was narrowed to 27 players today. The last nine players will compete for the top prize of $12 million on the final table, which begins August 10. (Photo by Ethan Miller/Getty Images)

It was shaping up as an especially good episode of The David Einhorn Show. The founder of the $8.8 billion hedge fund Greenlight Capital was speaking in May 2012 at his favorite venue, the Ira W. Sohn Investment Research Conference, held that year at New York's Lincoln Center, to a packed audience of money managers eager to hear which stocks were in his cross hairs.

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