This came from Insider Monkey (last year, but still relevant) about David Einhorn's investment approach.
We have posters who have helped me, at least, keep the faith, although it has been pretty shakey at times.
We first asked about his overall strategy. “We try to find things that are misunderstood,” said Einhorn. “And then if we think something is misunderstood then we figure out if it’s misvalued. And if we figure out that it’s misunderstood and misvalued, then we tend to invest. ”
Then we asked him how he narrows the selection field. Seems Einhorn doesn’t follow any blog or website for investment ideas. This didn’t surprise us because we all tend to follow him instead. What about newspapers?
“It could be newspapers but more often it’s stories. It’s other people discussing their investment thesis or um observing kind of what’s going on, and then just thinking about things. A lot of the stories we hear, we start with, started with somebody else’s idea,” Einhorn said. Underline is mine.
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