130: How Passive Investing May Have Created a Bifurcated Market for Value Investors

In this bitesize feature, David Einhorn, Founder & President of Greenlight Capital, discusses the potential impact passive investing has had on value investors, and where opportunities may lie.  David is one of Wall Street's most closely followed hedge fund managers, whose public commentary on stocks has had market moving results ('The Einhorn Effect'). He's perhaps most well-known for his short bet on Lehman Brothers in 2007.  This is an excerpt from his appearance at the London Value Investor Conference in May 2023, included as part of our short-form Money Maze Vignettes series. The Money Maze Podcast is kindly sponsored by Schroders,  Bremont Watches, and IFM Investors. Sign up to our Newsletter | Follow us on LinkedIn | Watch on YouTube