Greenlight Capital founder shifts to European industrial stocks, warns of tech bubble in US stocks
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David Einhorn, founder of Greenlight Capital, is optimistic about European industrial stocks, believing that government stimulus, falling energy prices, and a peace agreement in Ukraine will bring benefits. He holds a neutral stance on U.S. stocks, considering their valuations too high, especially for unprofitable tech companies. He pointed out that peace in Ukraine will create reconstruction opportunities for European industries and mentioned that the stock price of Solvay in Belgium has reached an all-time high. Einhorn no longer publicly discusses short targets, believing that the market is unwilling to accept the information
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