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David Einhorn says tech stocks in ‘enormous' bubble

1 month ago   |   By New York Post

Technology stocks, which have surged for months during the pandemic, likely hit their top last month, hedge fund investor David Einhorn wrote on Tuesday, adding that he's prepared for a drop by betting against more names, including second-tier companies and ones that just listed their stock. Einhorn, who runs Greenlight Capital, wrote in a letter...
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Greenlight Capital's David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble

Greenlight Capital's David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble

1 month ago   |   By Business Insider

Summary List Placement
September 2 was the top in the stock market, hedge fund investor David Einhorn argued in Greenlight Capital's third quarter letter.
According to Einhorn, the market is in the midst of a bubble driven by technology stocks, and that bubble "has already popped."
"What matters in a bubble is market psychology, not valuation. Valuation is irrelevant; that's what makes it a bubble," Einhorn said.
Here are 10 reasons why technology stocks are in a bubble, according to Einhorn.
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The top in the stock market is in...
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