David Einhorn, Whose Greenlight Is Down 5% YTD, Dumps Recently Purchased Yahoo! Stake

Tyler Durden's picture

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disabledvet's picture

kind of like a Yoohoo without the chocolaty taste.

dracos_ghost's picture

I'm not sure but I hear it's treatable with antibiotics.

equity_momo's picture

Chinese proverb :

"Dont do business with Chinese bandits unless you are bigger Chinese bandit"

DonnieD's picture

I believe that subsidiary changed it's name to Sino-Yahoo.

strannick's picture

'Dont trade Eino-Yahoo with Sino-Yahoos'

Mercury's picture

At the end of the day this exactly how you want your hired gun professional money manager to behave.

Also, this is priceless regarding US sovereign debt:

Earth to S&P: if you can foresee a near-term default scenario that is plausible enough for you to warn about it AAA cannot be the correct rating.

A Man without Qualities's picture

"At the end of the day this exactly how you want your hired gun professional money manager to behave."

100% agree. 

coppertop's picture

You want him buying a stupid stock then recognizing he's an odious turd?

Mercury's picture

Yeah, Einhorn's a real hack at this investing stuff.

How's your track record?

gorillaonyourback's picture

exactly,  not sure what this guy is smokin but i dont want any

Carl Spackler's picture

I agree, as well.

Cutting one's losses and moving on is the correct risk management move.

Now, it's up to the American people to do the same with Obama in 2012!

gorillaonyourback's picture

LMAO oh oh oh that will do it get rid of obummer,  if that happens are you going to feel better. If the guy u vote for gets in office r u going to jump for joy and say goodie goodie gumdrop my guy won.   fuck dude your stupidity amazes me

gorillaonyourback's picture

LMAO oh oh oh that will do it get rid of obummer,  if that happens are you going to feel better. If the guy u vote for gets in office r u going to jump for joy and say goodie goodie gumdrop my guy won.   fuck dude your stupidity amazes me

TradingJoe's picture

On another note:

Algos working hard to "contain the damage"! Fucking Joke! This "Market"!

Franken_Stein's picture

 

Einhorn = unicorn in German.

Rosenberg = rose mountain in German.

 

Mercury's picture

...and Bloomberg = mountain of monetized, aggregated data in New York - so what?

Franken_Stein's picture

 

Bloomberg = anglicized version of Blumenberg = flower mountain in German.

 

disabledvet's picture

leave it to a doctor who makes monsters to finally make you laugh.

Oh regional Indian's picture

Yahoo, first to win in the dot-con boom is now a sloth and crap riddled behemoth. Too big so will fail.

Disclaimer: I'd bought Webvan in 99. Have learnt a few things since! :-)

ORI

http://aadivaahan.wordpress.com/2010/11/13/wisdom-for-warriors-4/

RobotTrader's picture

Funny how most hedge funds are underperforming in the first buy and hold market in 15 years.  They should have just bought stocks and held for the long term cycle.

disabledvet's picture

let me guess:  "loaded up on media plays."  can you say "tip of the iceberg?"  how about "enemy of the State?"  No finer a moniker for a man than "First in War."  That would be the REAL George Washington in case any of you are wondering.  Was quite the home decorator as well--and could really "cut the rug" as they say. Wrote probably the greatest book on proper behavior ever.

Azannoth's picture

Lol he lost 5% even I can do better I lost 15% ! Ha

mo gotti's picture

Einhorn is the man.  And as such, he makes mistakes.  But he's wise enough to admit that, take a small loss, and move forward.  Good move D.E.

PulauHantu29's picture

Since China is about to Plunge into the Abyss next to America and the PIIGS, even Soros no longer brags,'China will lead us out of this recession."

Soros now says China is a Bubble about to Burst.

Jack Napier's picture

Einhorn, Finkle. Finkle, Einhorn. What's the connection here..

Crispy's picture

blah blah blah blah we suck blah blah blah blah you`re better off in cash than with us blah blah blah....

Luke 21's picture

Einhorn has trounced the S&P over longer periods of time. I would not bet against him.