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 (UNKNOWN:GMCR.DL) 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.