Einhorn Punished by Gold as Greenlight Re Drops 16% in 2015
Gold Losses Hit David Einhorn Hard
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David Einhorn is being punished for making the wrong call in the gold market.
The main hedge fund at his Greenlight Capital has slumped this year, and the reinsurer that counts on Einhorn’s investing approach has dropped 16 percent in 2015 through Monday, dragged down by his bet on the metal.