The Greenlight Capital funds, run by hedge fund manager David Einhorn, returned 4.3 percent in the third quarter of 2013, bringing the funds’ year-to-date net return to 11.8 percent, according to a letter to investors seen by Reuters…The letter said that “virtually every long position” that the firm had was profitable in the third quarter, and that it added a “medium-sized long position” in Osram Licht AG . [Reuters]

Comments (4)

  1. Posted by Guest | October 16, 2013 at 5:02 PM

    s&p +18% to 9/30/13.

  2. Posted by guest | October 16, 2013 at 5:07 PM

    but they lost like 10 percent last year so…improvement?

    -bright side guy

  3. Posted by BbergBweek Editor | October 16, 2013 at 7:24 PM

    And everyone knows beating the S&P is every hedge fund's goal!

  4. Posted by D Einhorn | October 17, 2013 at 9:43 AM

    And now for my next act, I shall conjure tremendous returns with the wave of my magic wand. Alakazoom!