David Einhorn, one of the most closely followed managers in the US$ 2.25 trillion (HK$ 17.46 trillion) hedge fund industry, had some blunt advice on Wednesday for his fellow investors: Do your own homework.
Einhorn, this year’s star attraction at the Sohn Investment Conference, an annual confab where the industry’s top investors share their favourite trade ideas, wrapped up his presentation by offering some words of warning about his public comments.