David Einhorn: “Apathetic” Investors, Capital Deprivation, and Economic Inefficiency

Published on
October 6th, 2021
Duration
60 minutes

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David Einhorn: “Apathetic” Investors, Capital Deprivation, and Economic Inefficiency

Mike Green in Conversation ·
Featuring Michael Green and David Einhorn

Published on: October 6th, 2021 • Duration: 60 minutes

David Einhorn says "apathetic" investors buying stocks they think they "need to own" aren't critically analyzing company fundamentals, leaving good but unglamorous companies "deprived of capital" and creating supply chain, labor and market inefficiencies. The founder and president of Greenlight Capital, who became famous for his shorts on Lehman Brothers and bubble stocks, said “nihilism” gripping the markets is disincentivizing companies from reinvesting in their businesses, leading him to believe that current inflation is not transitory. Einhorn spoke with Michael Green, Real Vision host and Simplify chief strategist at NYSE on October 4, 2021 to benefit Coney Island Prep. Donate here: https://www.classy.org/campaign/simplify-x-coney-island-prep/c357138

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