"We have reached the 'Fartcoin' stage of the market cycle," Einhorn wrote in an investor letter obtained by CNBC.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greenlight Capital’s David Einhorn has long been talking about how markets are “fundamentally broken ...

Opinions expressed by Forbes Contributors are their own. Jacob Wolinsky covers hedge funds and emerging managers. David Einhorn's Greenlight Capital returned 4% net for the third quarter, bringing ...

Greenlight Capital's David Einhorn thinks speculative behavior in ... Those funds use derivatives to try to achieve two times the daily returns of MicroStrategy, a software company that has ...