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Tuesday, February 23, 2010

Einhorn Joins Billionaire Peers in Bets on Gold


Count David Einhorn, the head of Greenlight Capital, among the hedge fund stars betting big on gold.
The stake puts him in the company of luminaries like John Paulson and George Soros, who both reported large year-end stakes in gold-oriented equities.
Einhorn has also reportedly been seeing opportunities in the financial space, where he has joined real estate developer Stephen Ross and other investors in an entity that intends to bid on failing banks, according to Reuters.

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