David Einhorn

FANG Futures Launch

"There is nothing wrong with observing that the new era tech stocks are stupidly overbought, and that the risks are to the downside in the coming months. You can be bearish on FANG without thinking all stocks are going to zero."

Visualizing How Billionaire Investors Hedge Against Geopolitical Black Swans

"The world is approaching a major inflection point and the intense amount of global angst we’re experiencing now stems from deep, structural forces that have been building over decades... we are experiencing the perfect storm of '-isms': nationalism, nativism, protectionism, and isolationism."

'Value Investing' Deadpool

"'Avoid the Old Economy and invest in the New and forget about price', proclaim the pundits. And in truth, that has been the way to invest over the last eighteen months.. the process is self-perpetuating until the pyramid eventually collapses under its own excess... I have great faith though that, 'this, too, will pass'..."

Tesla To Raise $1.5 Billion In Bond Offering

Just days after reporting its biggest quarterly cash burn in history, Tesla announced on Monday it plans to raise about $1.5 billion in new cash, although in a welcome change for equity investors, this time it decided against an equity or convertible sale, and will offer bonds instead to take advantage of the insatiable bond market, as the carmarker seeks to ramp up production of its latest Model 3 electric vehicle.

Animal Spirits Are A Late-Stage Event

“While the temptations are great, and the pressures strong, illusions in numbers are only that - ephemeral, and ultimately self-destructive.

The Value Of "Lunch With Warren Buffett" Plunges 22%

The winning bidder in legendary investor Warren Buffett’s annual charity auction has pledged $2.68 million for the privilege of eating lunch with the billionaire investor... about $800,000 shy of the record sum of $3,456,789 paid in 2016.