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What David Einhorn’s Convictions Have Cost Greenlight

The manager is sticking to an ill-fated 2015 prediction about Netflix — among other long-running bets that have cost him.

David Einhorn is once again griping about the difficulties of being a value investor in a growth-stock world.However, his biggest problem seems to be his insistence on shorting some of the biggest growth stocks he deems way overvalued, such as Netflix — whose short position Einhorn’s Greenlight Capital fund boosted

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