Einhorn Sees Tech Bubble – Business Insider.
Hedge fund manager David Einhorn, who runs Greenlight Capital, says that we’re witnessing a tech bubble, CNBC reported citing his fund’s quarterly investor letter.
“Now there is a clear consensus that we are witnessing our second tech bubble in 15 years. What is uncertain is how much further the bubble can expand, and what might pop it,” Einhorn wrote in the letter.
I couldn’t agree more but it is a very painful short road to stake out.
Read more: http://www.businessinsider.com/einhorn-sees-tech-bubble-2014-4#ixzz2zdxnMVfU