When David Einhorn speaks, the market listens. Although his fund, Greenlight Capital, holds more stocks long than short, Einhorn's aggressive and public short sales are what have attracted so much attention and built his reputation as one of the greatest stock-pickers of his generation.
The following presentation looks at five of Einhorn's most controversial short sales. Some of them, including Allied Capital and Lehman Brothers, have worked out spectacularly for Einhorn, while short bets on Chipotle Mexican Grill (NYSE:CMG) and Keurig Green Mountain (NASDAQ:GMCR) haven't fared so well. Herbalife (NYSE:HLF) is among his more interesting shorts; although Einhorn never publicly disparaged the controversial company, expectations that he would prompted investors to sell the stock aggressively in the months following an exchange between Einhorn and Herbalife's management, affirming the persuasiveness of his track record.
Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends Chipotle Mexican Grill and Keurig Green Mountain. The Motley Fool owns shares of Chipotle Mexican Grill and has the following options: long January 2016 $57 calls on Herbalife. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Why Did Chipotle Mexican Grill, Inc. Shares Lose 23% in 2017?
The company continues to be hurt by its 2015 food-safety scandal.
Chipotle Could Learn a Lot From Domino's Outgoing CEO
Patrick Doyle led Domino's to an amazing comeback; Chipotle would do well to imitate his strategy.
Why a New CEO Won't Fix Chipotle's Problems
The fast-casual chain is hunting for a turnaround, and I’m not sure a new CEO can make it happen.