I'd also like to apologize for being much more of a curator of material I like (ok, I see some value added doing that) than trying to share my own thoughts - great part of this is due to my intense routine.
Friday, July 26, 2013
David Einhorn Q2 2013 Letter
Here is the most recent letter from David Einhorn. According to him, as the game has changed from Beat and Raise to Beat and Lower guidance, the street keeps on the P/E expansion mode.