Short selling is intellectually much harder than going long. You need to have a thesis, and you also need the courage to stick with it when things go against you.

David Einhorn

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David Einhorn

Born in 1968 in New Jersey, David Einhorn founded Greenlight Capital and compiled annualized returns of roughly 26% over his first decade using a long-short value-investing approach. In 2008 he publicly identified financial weaknesses at Lehman Brothers before its collapse, demonstrating the intellectual dimension of short selling and the role of the short seller as a market watchdog.

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