New York Times – David Einhorn made his name on Wall Street by selling short. Famously, he bet against Lehman Brothers’ stock several months before the famed brokerage collapsed.
But Mr. Einhorn — one of a handful of hedge fund managers followed by investors looking for the next smart play — insists that he spends far more time trolling through the bargain bin, looking for companies with potential that others have dismissed, then betting on their long-term revival.
