(HedgeCo.Net) As global equity markets push higher into the second quarter of 2026, one of the hedge fund industry’s most closely watched contrarian investors is signaling caution. David Einhorn, founder and president of Greenlight Capital, has reportedly shifted his portfolio toward a more defensive posture, citing mounting concerns over what he describes as “market froth” and an increasingly fragile risk environment beneath the surface of the current rally.
While headline indices suggest re...
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