Greenlight Re's Einhorn says he added to Apple position: call

Published May 07, 2013

| Reuters

David Einhorn, hedge fund manager and chairman of reinsurer Greenlight Capital Re Ltd., said on Tuesday he had added to the firm's investment position in Apple Inc .

"We've added to our Apple position; now we just wait for the release of Apple's next blockbuster product," Einhorn said on a conference call for his Cayman Island-based reinsurer. He also said that the regime change at the Bank of Japan supports his "long-term thesis" of a weaker yen and stronger gold.

(Reporting by Sam Forgione; Editing by James Dalgleish)