CNBC/Heidi Gutman/CNBCDavid Einhorn pointed out high stock-market valuations at CNBC's Delivering Alpha conference.Einhorn said he's not bearish, but there will likely be better entry points into the market.He also said he's betting on Peloton and CNH Industrials through his hedge fund.Add David Einhorn to the list of top Wall Streeters pointing out how expensive the stock market is.At CNBC's Delivering Alpha conference last week, the billionaire founder of the hedge fund Greenlight Capital said it's probably not the best time to buy into the broader market.
'the Most Expensive Market Of All Time': Billionaire Investor David Einhorn Says It's Probably Not The Best Time To Buy —
wedwards@businessinsider.com (William Edwards), Business Insider
Wed, 11/20/2024 - 2:00am
Topics: cnbc/heidi gutman/cnbcdavid einhorn add david einhorn wall streeters greenlight capital shiller bank americaeinhorn goldman sachs david kostin research affiliates rob arnott nelson peltz trian partners peloton pton cnh industrials cnh december cnh ag business insider einhorn cnbc's delivering alpha cnh industrials delivering alpha america s&p peloton cnh billionaire investor time to buy expensive market of all time valuations stock equipment returns entry years current long prices period trade betting cyclical businesses high hedge great fund bearish points price asset environment year wrong levels bit eventually couple profit firm level index peak
BING NEWS:
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Einhorn’s hedge fund returned just 9% in 2024 through the end of the third quarter, compared with the S&P 500′s more than 20% gain.
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Hedge fund investor David Einhorn's ... positioned. "The market isn't just making all-time highs. It is, by many measures, the most expensive stock market that we have seen since the founding of ...
11/11/2024 - 11:00 am | View Link - More
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