David Einhorn Quotes


Obviously, I wasn't expecting Wall Street to be a laid-back place. I was prepared for hard work. Sadly, much of the work the new guys were asked to do and the insane hours we were expected to keep had little to do with making the bank more productive. It felt more like hazing.


Citations

Einhorn, David. Fooling Some of the People All of the Time: A Long Short (and Now Complete) Story. John Wiley & Sons, 2008, p. 9.

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High level financial industry executives were earnings millions of dollars even if the company did poorly. In many cases annual bonuses were paid even after the firm lost money and in some cases after the firm had to be sold to stave off bankruptcy. The worst thing in 2009 and 2010 was when some of the banks paid million dollar and more bonuses while the company was getting bailout money from the taxpayers to prevent their bankruptcy.


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  • Born: November 20, 1968
  • Nationality: American
  • Profession: Investor, Hedge Fund Manager

David M. Einhorn is an American investor and hedge fund manager. He is the founder and president of Greenlight Capital, a "long-short value-oriented hedge fund".