Einhorn Is Having a Hedge-Fund Midlife Crisis

Einhorn Is Having a Hedge-Fund Midlife Crisis

David Einhorn, the one-time hedge-fund wunderkind, likes to remind his headstrong young analysts that he has been around a lot longer than they have. During the dot-com craziness of the late 1990s, Einhorn tells them, newfangled measures like “eyeballs” and “stickiness” never did add up to profits. In 2008, when many hoped trouble would pass,…

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SMASHES EXPECTATIONS…

SMASHES EXPECTATIONS…

The U.S. economy enjoyed the biggest hiring spree since mid-2016 in February as workers streamed in from the sidelines of the labor force, but inflation pressures remained muted amid signs the pay gains that spooked financial markets last month haven’t taken hold. Payrolls rose 313,000 in February, compared with the 205,000 median estimate in a…

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