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For the most part we try not to get emotional about the various performances of our favorite funds, as it can often lead to, for example, scar tissue resulting from a deep fryer being knocked over in a fit of rage (especially of late). Today, however, we cannot help but burst with pride, re: certain little green lanterns.


Greenlight Capital, LP, as of the close on 12/31/08:
YTD: -22.85%
Dec 2008: 4.10%

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Comments (27)

  1. Posted by guest | January 2, 2009 at 12:33 PM

    phenomenal! thanks for that ray of hope!

  2. Posted by MarshallStack | January 2, 2009 at 12:37 PM

    Wonder how he did that?
    Cash isn’t paying 4% a month.

  3. Posted by guest | January 2, 2009 at 12:41 PM

    @2- who said greenlight went to cash?

  4. Posted by guest | January 2, 2009 at 12:43 PM

    slow news day

  5. Posted by MarshallStack | January 2, 2009 at 12:43 PM

    Never mind.
    Still drunk.
    Being a himbo.
    Nothing to see here.
    Shouldn’t be on the desk.
    Etc.

  6. Posted by guest | January 2, 2009 at 12:45 PM

    @4- day after new year’s? who would’ve thunk it?!
    –forehead slapper

  7. Posted by guest | January 2, 2009 at 12:45 PM

    They are doing much better this year.

  8. Posted by guest | January 2, 2009 at 12:46 PM

    @4- i’d watch it, lest you be served the same fate as Clown Capital.
    http://dealbreaker.com/2008/12/holiday-housekeeping.php

  9. Posted by VOL IS KING | January 2, 2009 at 1:09 PM

    I heard this, and by heard i mean, imagine to be the truth.
    CIG (that’s Citadel Investment Group people!), 2009 YTD: Down ~50%.
    Its only noon in Chicago and Gerbil has already probably blown away his previous years poor-formance.

  10. Posted by guest | January 2, 2009 at 1:17 PM

    Take Texas Tech.

  11. Posted by GIDEON FROM SOUTH AFRICA | January 2, 2009 at 1:37 PM

    FUNNY. THE ILLUMINATI TOLD HIM TO DO SO.

  12. Posted by VOL IS KING | January 2, 2009 at 1:39 PM

    Einhorn believed in the green light, the orgastic future that year by year recedes before us. It eluded us then, but that’s no matter—tomorrow we will run faster, stretch out our arms farther. . . . And then one fine morning—
    So we beat on, boats against the current, borne back ceaselessly into the past.

  13. Posted by guest | January 2, 2009 at 1:43 PM

    That’s nothing. If he were short Kensington, he’d be up 9.35% for the month.

  14. Posted by mrpink | January 2, 2009 at 1:44 PM

    Vol-
    Sounds about right.
    -mrp

  15. Posted by guest | January 2, 2009 at 1:47 PM

    @3 – Look around, if you can’t figure out the idiot in the room it’s probably you.

  16. Posted by MarshallStack | January 2, 2009 at 2:29 PM

    VOL is trying to get on Bess’s good side by quoting Fitzgerald.
    But I think he has misjudged – the girl from Amherst seems to have more of an existential/Kafka/Dostoevsky outlook. Dread, boredom, futility, absurdity, nothingness. I could be wrong, shit faced as I am.

  17. Posted by guest | January 2, 2009 at 2:54 PM

    Good work Greenlight.
    That picture is completely badass.

  18. Posted by VOL IS KING | January 2, 2009 at 2:59 PM

    @16:
    What do you think that quote says exactly? Our life is but a long succession of sisyphean overreachings. A series of endeavors that by their very nature are doomed from the start.
    What is more existential than that?
    Because no battle is ever won he said. They are not even fought. The field only reveals to man his own folly and despair, and victory is an illusion of philosophers and fools.

  19. Posted by trojan | January 2, 2009 at 3:15 PM

    TT -4, for 3 units. also thinking UK +3 or even money line…

  20. Posted by Anal_yst | January 2, 2009 at 3:29 PM

    @ Trojan
    Nicely played yesterday (much to my dissapointment), seems Carol & gang actually, ya know, watched tapes so they knew PSU’s secondary was comprised of borderline-parapalegics, sigh…
    Also, Utah v. Bama this evening, over/under only @ 46, seems like the over is the pretty obvious bet, no?

  21. Posted by guest | January 2, 2009 at 3:34 PM

    @VIK/18,
    For every Southern boy fourteen years old, not once but whenever he wants it, there is the instant when it’s still not yet two oclock on that July afternoon in 1863, the brigades are in position behind the rail fence, the guns are laid and ready in the woods and the furled flags are already loosened to break out and Pickett himself with his long oiled ringlets and his hat in one hand probably and his sword in the other looking up the hill waiting for Longstreet to give the word and it’s all in the balance, it hasn’t happened yet, it hasn’t even begun yet, it not only hasn’t begun yet but there is stll time for it not to begin against that position and those circumstances which made more men than Garnett and Kemper and Armstead and Wilcox look grave yet it’s going to begin, we all know that, we have come too far with too much at stake and that moment doesn’t need even a fourteen-year-old boy to think This time. Maybe this time with all this much to lose and all this much to gain: Pennsylvania, Maryland, the world, the golden dome of Washington itself to crown with desperate and unbelievable victory the desperate gamble, the cast made two years ago

  22. Posted by trojan | January 2, 2009 at 3:51 PM

    @analyst
    id watch the lines that seem too obvious- vegas likes to set these traps. if utah comes out like hawaii last year, bama will shut them down and it’ll be under. but if they play up the score could be evenly matched. my book’s been dropping the o/u so heavy action must be for under. im holding off for now… might put 1/2 unit on utah straight up in the name of boise st

  23. Posted by guest | January 2, 2009 at 4:05 PM

    Disillusionment of Gatsby
    So it finally has happened
    So it finally is done
    And the dream that always was
    Learned that you’d never be the one
    I lived nearby across the bay
    I kept you near my sight
    And just a couple nights ago
    I turned off your green light
    All the beauty and ideals
    All the fantasies and dreams
    And all forsaken futures
    That you have come to mean
    Take them all and leave me
    Take our memories and fun
    And leave me here with nothing
    But the never shining sun
    I’d prefer it wasn’t like this
    I’d prefer we could be close
    And I’d really like to tell you
    But my words would be like ghosts
    Sure I may deserve this now
    Sure I once acted the same
    And though I thought nothing could break us
    Your eyes have lost their flame
    So it finally has happened
    So I guess that you were right
    And with a tiny dash of negligence
    We vanish to the night

  24. Posted by guest | January 2, 2009 at 4:39 PM

    Does anyone think that maybe Greenlight cooked those December books, just the way Bernie did for all those years?

  25. Posted by Anal_yst | January 2, 2009 at 5:41 PM

    @ Trojan
    Also seems a blowout (say, with my luck, 42-0) is also possible. Damn you vegas, damn you (KAHNNN)!!!!!!

  26. Posted by guest | January 2, 2009 at 6:03 PM

    I’M BLIND!!!!!!!

  27. Posted by guest | January 2, 2009 at 11:08 PM

    No news here. Alot of funds had a big December. Even AQR did reasonably well.

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