32:47

EssentialThe Larry McDonald Series

Hedge Fund Legend Einhorn Is Hunting for Value

Featuring David Einhorn and Larry McDonald

Feb 18, 2022 • 32 minutes

225

26

Essential

The Larry McDonald Series

Hedge Fund Legend Einhorn Is Hunting for Value

Mispricing, malinvestment, and inflation are foreseeable outcomes of "easy money" policy.

Featuring David Einhorn and Larry McDonald

Feb 18, 2022 • 32 minutes

“We’ve been in a bull market for over a decade,” notes David Einhorn, president of Greenlight Capital in Part 2 of his recent interview with New York Times best-selling author Larry McDonald. But the hedge fund legend also tells the Bear Traps Report founder that investors’ pursuit of growth and disruption stories over value and traditional industries is a function of easy money. According to Einhorn, the price-discovery process is essentially broken. Where liquidity is the dominant market factor, mispricing and malinvestment are logical consequences. With central banks priming pumps all over the world, inflation is also inevitable. And we may have lost the plot. “It doesn’t really matter which electric vehicle company wins the battle,” says Einhorn. “You don’t have to pick a winner. You have to understand that change is happening in a broad way.” Einhorn and McDonald also address shifting attitudes in corporate governance, the impact of passive investing, and the ways political and social pressures influence big-picture trends. Recorded on February 3, 2022. For more information on The Bear Traps Report visit : https://www.thebeartrapsreport.com/ For Part 1 of this interview, check out: https://rvtv.io/3GVg2DH Show More

Larry McDonald sits down with heavyweights from the intersecting worlds of finance and politics, bringing a unique conversational approach to Real Vision. The macro strategist and best-selling author teases out rare insights for traders and investors from these casual chats. Covering an array of global topics, he rounds out each interview by listing actionable ideas generated during the conversation. It's conversation as useful as it is compelling.

More Episodes

Larry McDonald sits down with heavyweights from the intersecting worlds of finance and politics, bringing a unique conversational approach to Real Vision. The macro strategist and best-selling author teases out rare insights for traders and investors from these casual chats. Covering an array of global topics, he rounds out each interview by listing actionable ideas generated during the conversation. It's conversation as useful as it is compelling.

More Episodes

COMMENTS

Sort By
  • Newest First
  • Oldest First
  • Top Rated
  • Most Discussed
  • Most Controversial

Access Essential Content

This content is reserved for the thousands of visionaries supporting the financial revolution. We'd love for you to join us. Interested?

See Our Plans

Already have an account? Log In