Greenlight's David Einhorn breaks down why he believes the market is 'fundamentally broken'

David Einhorn, president at Greenlight Capital, and CNBC's Scott Wapner join 'Power Lunch' to explain why he believes the market is broken, whether he believes markets are in a bubble, and more.

[@patrickjones1392]

the Markets look like 2015-16. Probably going back to all time highs, but will probably go sideways until fed signals rate cut, Recently sold 25% of my portfolio comprising of plummeting stocks that were recommended by certain financial KZbinrs, quite devastating!

[@tammystut]

not their fault, the stock market seems to be more of a casino for gamblers now than a place for investors. even if you were averaging down on ailing companies, its your duty to properly research, buying the dip does not guarantee a rebound

[@richarddamien4654]

Such uncertainty is the reason I don't base my conviction on rumors or a ''hearsay'' I have my day-to-day investing decisions being guided by an invt-advisor, seeing that their skillset is built around long and short term, both employing profit-oriented strategies and providing hedge against inevitable downtrends, coupled with exclusive analysis, it's near-impossible to not outperform. I've realized over $600k from $235k capital, since late 2019 just before the pandemic to date.

[@christeng142]

Awesome.. Please I would love to know or get in touch with your investment advisor. I could really use such expertise in growing my portfolio now that the entire markets is uncertain

[@richarddamien4654]

Monica Mary Strigle’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@christeng142]

I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.i appreciate the recommendation

[@MangoFlamingo]

guy saw something bad to have moving eyebrows like that

[@mniay]

HAHAHAHAHAHA that's the reason I came to the comments

[@skyak4493]

I thought he was answering real time with eyebrow Morris code!

[@HelloWorld-hb7yt]

he couldn't control his eye brows.

[@a32tl]

He has Tourette’s.

[@stephenw4720]

@@mniayhaha. Yeah. KZbin comments as much vivid as his eye brows

[@bbmak0]

Buying a passive index fund of S&P500 last year had a return of 24%, vs 22% net of fee. This is why most people choose passive investing vs Einhorn investment funds.

[@AYVYN]

Value investing still works with mid-caps and small-caps. Large caps are a complete casino if you don’t buy long-term, haha

[@dhirandookhi5624]

Wait, he only made 22% last year and that was one of his best years!? Evidence right there that he shouldn’t be managing money

[@MangoFlamingo]

Tom Lee & David on a show of 5-15 min - Glasses vs Eyebrow 5 minutes

[@MegaPapa8888]

Einhorn made some good points. Big money bought more heavy weights to bring up Index even though these heavy weights are way over-valued.

[@illegalsmirf]

Overvalued according to whom?

[@MXMLLN]

Micheal Burry has also been concerned about index funds obscuring proper valuations

[@illegalsmirf]

@@MXMLLNhas he been right about anything since 2008? That was more than 15 years ago

[@MXMLLN]

$GAMESTOP

[@Georgedxn]

The market “should” be “broken”. That’s the only way to capture intrinsic value

[@patbateman2088]

Good sales pitch

[@timothyha4783]

"The market is wrong, I'm not". Why not just adapt and make money in the markets and live a good life? Why fight

[@briantep458]

this guy is investing like its 1985

[@dgaz3057]

I'm an idiot, "are we in a bubble"?

[@skyak4493]

I can tell you with certainty YES!.......you are an idiot. Don't get market advice from social media.

[@lightoutofdark1072]

The money is in the wrong hands

[@TheJSiew]

I came here for the comments

[@IAmTheEggMan111]

He’s not wrong

[@JWSpaceX]

how much this guy lost in Tesla?

[@jhockey11liu91]

He still has pants on. LOL

[@jackchoy6969]

@@jhockey11liu91 But he might not have any shorts on. Can't tell unless his pants come off first.

[@TheWizard856]

This stuff is all true though.

[@virginiameghan4189]

Given the uncertain economic conditions and heightened global tensions, I'm considering investing over $100k in stocks. However, I'm uncertain about how to minimize potential risks.

[@3thinking]

Greenlight's David Einhorn breaks down why he believes the market is 'fundamentally broken' OR No one is buying the dead-end stocks we bought and we are looking for bag holders....

[@JohnReynolds-ni5lv]

Gold agrees.

[@glen7695]

Yes. And silver has joined the party.

[@RichardKing-sx6xc]

I got a small position in $NYCB myself.🤣😆😂😅

[@BoardsofCapital]

If there is a chronically undervalued company all the company has to do is buy back large blocks of shares cheap. Then the indexes will start picking them up more. Then they will be fully valued. Might not happen over night but over the course of a few years that would pay off big time. On the issue of IPOs I think the main reason for that is private equity. They get their money from investors but don't have to deal with the SEC with quarterly & annual reports stock sales etc. It is easier to stay private now.

[@CNT536]

this guy became a millionaire shorting Tesla

[@adambakkam1527]

from being a Billionaire

[@CNT536]

@@adambakkam1527 yes, we all know. it's hilarious

[@davidbixby2124]

buy glre

[@illegalsmirf]

'I'm right and everybody else is wrong but I'm not getting my own way, so that means the market is fundamentally broken'

[@kyleolson9636]

You sound like someone who was shorting the housing market in 2007.

[@illegalsmirf]

@@kyleolson9636 Yes, perma-bears do tend to get it right once every 10 - 15 years

[@danielmurphy8195]

I can take him seriously, I'm too stuck on how ridiculous his haircut looks.

[@manonamission2000]

probably does his own hair... i couldn't trust anyone with scissors near me if i had his net worth

[@BRuane-pw6xq]

You Trumpers happy Trumpy told you to sell all stocks in Nov 2020 ? How did that work out and did you inject disinfectant also ??? 😂

[@DennisFinancialDoctor]

He lacks the imagination to see the capabilities of large companies. For example, what “undervalued” company is going to rival the CapEx spending to rival the stack that CRWD or PANW provides? No small company can even come close to the amount of CapEx needed to develop their products. All and all, just sounds like another fund manager that has chronically underperformed the market. Fancy underperformance.

[@dontdoitbro5495]

anyone know whats wrong with this crypto top hatter J man

[@givenmahlangu4720]

First to comment

[@adambakkam1527]

No no. The markets are not broken, they are stable. We don't have time to look at the market at all times. We have other real work to do. So will do index and the index will hold better and market downturns will be less and more safety for individual investors. Otherwise, these guys will push the prices up and down and the markets wont be stable and only they will make money and individual mom and pop 401K people will lose. Passive investing will keep the markets afloat and won't allow big drops, which most of us need.

[@BRuane-pw6xq]

Market has been broken since Nov 2020 despite that market is up 55 pct since then. Very woke and very very broke ????? LMAO

[@furtsmagee1513]

Literally all his info is outdated

[@ballistix5815]

lol maybe if you want to invest your money you should just look outside the US stock market like Kenya for example, A lot of value there

[@laughoutloud3404]

His eyebrows don’t stop moving up! Is he the devil!?

[@madarchod312]

Ok this guy is the bottom indicator. Keep Buying.