The Putin Problem | Top Investor David Einhorn's 5 Biggest Stock Positions

[] Dr. Gregor Bauer explains how Greenlight Capital founder David Einhorn's top 5 stock positions can help you build a smarter portfolio. Also, Garrett {NAME} explains geopolitical tensions that are expected in the near future. [View in browser]( . Dr. Gregor Bauer explains how Greenlight Capital founder David Einhorn's top 5 stock positions can help you build a smarter portfolio. Also, Garrett {NAME} explains geopolitical tensions that are expected in the near future. [View in browser]( . . [] [Havens Investment Letter] [] [Havens Investment Letter] [] [] [] World-class trader spots huge moves on regular stocks (NOT options!) He’s one of the internet’s original day traders... He’s a 12-time World Trading Champion... And for nearly 30 years, he hasn’t needed a day job! That’s because he’s made his living from the markets... spotting huge moves of 30%... 60%...and even 100% on little-known stocks! And now he’s inviting you to learn his system! [Click here to activate your trial!]( [] --------------------------------------------------------------- [] World-class trader spots huge moves on regular stocks (NOT options!) He’s one of the internet’s original day traders... He’s a 12-time World Trading Champion... And for nearly 30 years, he hasn’t needed a day job! That’s because he’s made his living from the markets... spotting huge moves of 30%... 60%...and even 100% on little-known stocks! And now he’s inviting you to learn his system! [Click here to activate your trial!]( [] --------------------------------------------------------------- [] [] The Putin Problem [GarrettPic]Dear Investor, Yesterday, after I returned home from the hospital, I received a phone call from one of the smartest people I know. He’s an energy trader based in Switzerland. Smart guy. Went to college with me and at 19 years old knew he wanted to trade oil in Russian. He double-majored in economics and Russian. I’m investing in an energy project of his in Finland. And as I’m supposed to turn over capital to his team on January 1, he called me today in a bit of a panic. “I’m extremely worried about what is happening between Russia and Ukraine,” he said. It’s possible that he might have to delay the project. Geopolitical worries. He put the probability that Russia goes into Ukraine at 25%. It would cause sheer panic across Europe. He made sure that he isn’t exposed to any oil and gas trades in Russia. And anyone who has exposure or inventory is doing all they can to unload it soon. This was very eye opening and sobering. On The Geopolitic It feels like life will forever feel like we live in “BC” and “AC” times. Before COVID. After COVID. While COVID certainly is a geopolitical crisis - it isn’t and wasn’t the same as what we knew in the markets in “BC” times. If you want proof of how long this COVID crisis is, take for example another conversation that I had with the same friend about six months ago. We were talking about “geopolitical crisis,” and the subject turned to Iran. “The last major event with Iran,” I had said to him, “was when the country’s military shot down that passenger jet a few years ago. He interrupted: “Garrett, that missile attack happened 23 months ago. Back in January 2020.” It doesn’t feel that way. I could have sworn that was back in 2017 because this COVID battle has been such a long and daunting process. And as I say at this point, it’s not the COVID that is going to kill me one day, but all of the bad habits that I’ve developed during this experience. The idea of war and a major geopolitical event like Russia invading Ukraine or possibly [China invading Taiwan]( is shocking. It’s almost like we’ve forgotten what geopolitical tensions look and feel like. A few years ago, we had North Korea test firing missiles… we had Iran threatening nuclear expansion… We had proxy wars between Iran and the Saudis. And we had large downward moves in the stock market that followed. A North Korean test launch could send the Dow off 5%. Today, we’ve largely forgotten about North Korea. With this market so hyper-charged with stretched valuations, recent geopolitical tensions like America’s departure from Afghanistan didn’t even cause investors to bat an eye. There was a small selloff, but we quickly returned to all-time highs. That is likely to change in 2022. Russia invading Ukraine is ranked as the No. 2 geopolitical risk for next year by the Atlantic Council, following only the threat of new variants and a lack of coordinated vaccine development in other nations. As one looks at the list, we need to be vigilant. China’s economic worries continue (Evergrande has not gone away) and it continues to saber-rattle around Taiwan. A new cold war with China seems likely. Afghanistan is on the verge of collapse. Nations like India are experiencing tremendous increases in poverty. And the one that now really starts to freak me out - Ethiopia and Nigeria are two nations that could potentially collapse, according to the Council. I know that this isn’t the happiest message today, but it’s necessary. You see, I think the goal moving forward in 2022 is wealth creation and wealth preservation. Both are critical and they are not mutually exclusive. So, it is my goal and duty to deliver you the best insight and analysis on how to complete that task. As always, I greatly appreciate you taking the time to read Haven Investment Letter, and we’ll work diligently to use various strategies that can build AND preserve your wealth in the new year. At the core - as always - will be the use of momentum insights. Enjoy your day, [GarrettSig] Garrett {NAME} Chief Analyst, American Markets [] --------------------------------------------------------------- [] [] The Putin Problem [GarrettPic]Dear Investor, Yesterday, after I returned home from the hospital, I received a phone call from one of the smartest people I know. He’s an energy trader based in Switzerland. Smart guy. Went to college with me and at 19 years old knew he wanted to trade oil in Russian. He double-majored in economics and Russian. I’m investing in an energy project of his in Finland. And as I’m supposed to turn over capital to his team on January 1, he called me today in a bit of a panic. “I’m extremely worried about what is happening between Russia and Ukraine,” he said. It’s possible that he might have to delay the project. Geopolitical worries. He put the probability that Russia goes into Ukraine at 25%. It would cause sheer panic across Europe. He made sure that he isn’t exposed to any oil and gas trades in Russia. And anyone who has exposure or inventory is doing all they can to unload it soon. This was very eye opening and sobering. On The Geopolitic It feels like life will forever feel like we live in “BC” and “AC” times. Before COVID. After COVID. While COVID certainly is a geopolitical crisis - it isn’t and wasn’t the same as what we knew in the markets in “BC” times. If you want proof of how long this COVID crisis is, take for example another conversation that I had with the same friend about six months ago. We were talking about “geopolitical crisis,” and the subject turned to Iran. “The last major event with Iran,” I had said to him, “was when the country’s military shot down that passenger jet a few years ago. He interrupted: “Garrett, that missile attack happened 23 months ago. Back in January 2020.” It doesn’t feel that way. I could have sworn that was back in 2017 because this COVID battle has been such a long and daunting process. And as I say at this point, it’s not the COVID that is going to kill me one day, but all of the bad habits that I’ve developed during this experience. The idea of war and a major geopolitical event like Russia invading Ukraine or possibly [China invading Taiwan]( is shocking. It’s almost like we’ve forgotten what geopolitical tensions look and feel like. A few years ago, we had North Korea test firing missiles… we had Iran threatening nuclear expansion… We had proxy wars between Iran and the Saudis. And we had large downward moves in the stock market that followed. A North Korean test launch could send the Dow off 5%. Today, we’ve largely forgotten about North Korea. With this market so hyper-charged with stretched valuations, recent geopolitical tensions like America’s departure from Afghanistan didn’t even cause investors to bat an eye. There was a small selloff, but we quickly returned to all-time highs. That is likely to change in 2022. Russia invading Ukraine is ranked as the No. 2 geopolitical risk for next year by the Atlantic Council, following only the threat of new variants and a lack of coordinated vaccine development in other nations. As one looks at the list, we need to be vigilant. China’s economic worries continue (Evergrande has not gone away) and it continues to saber-rattle around Taiwan. A new cold war with China seems likely. Afghanistan is on the verge of collapse. Nations like India are experiencing tremendous increases in poverty. And the one that now really starts to freak me out - Ethiopia and Nigeria are two nations that could potentially collapse, according to the Council. I know that this isn’t the happiest message today, but it’s necessary. You see, I think the goal moving forward in 2022 is wealth creation and wealth preservation. Both are critical and they are not mutually exclusive. So, it is my goal and duty to deliver you the best insight and analysis on how to complete that task. As always, I greatly appreciate you taking the time to read Haven Investment Letter, and we’ll work diligently to use various strategies that can build AND preserve your wealth in the new year. At the core - as always - will be the use of momentum insights. Enjoy your day, [GarrettSig] Garrett {NAME} Chief Analyst, American Markets --------------------------------------------------------------- [] Pick the Perfect Apple Trade -- with 70% Success Rate and a 3-to-1 Reward-to-Risk Ratio [hand choosing apple]( [Learn the method here]( --------------------------------------------------------------- [] [] Pick the Perfect Apple Trade -- with 70% Success Rate and a 3-to-1 Reward-to-Risk Ratio [hand choosing apple]( [Learn the method here]( --------------------------------------------------------------- [] [] [] December 2021: Top Investor David Einhorn's 5 Biggest Stock Positions Dear Investor,[Farmer] Top investor David Einhorn bets on both rising and falling share prices. In the 2008 financial crisis, he thus profited from the demise of the US investment bank Lehman Brothers. Since founding his hedge fund Greenlight Capital in 1996, he has achieved outstanding returns for his investors over many years, significantly outperforming the market. Recently, however, things have not been going quite so smoothly. It has had a dry spell since 2012, lagging the broad S&P 500 index. Today, I'd like to share with you the current top 5 stock positions held by successful hedge fund manager David Einhorn. Here's the full rundown of Greenlight Capital's top 5 positions: Green Brick Partners ([NYSE:GRBK]( The largest position is Green Brick Partners stock with a portfolio weighting of 24%. Einhorn holds just over $360 million worth of Green Brick Partners stock. The hedge fund manager left the position unchanged last quarter. The company develops land and real estate in Texas, Georgia, Colorado and Florida. [gbrk] Brighthouse Financial ([NASDAQ:BHF]( The second-largest holding is shares of US-based Brighthouse Financial. Most recently, Einhorn has continued to build the position (+7.6% in the last quarter). The equity position currently accounts for 11.9% of the portfolio. In total, Einhorn has invested about $177 million in the company. As a result, he holds 4.91% of all outstanding shares of Brighthouse Financial. Brighthouse Financial was spun off completely from Metlife in 2017 and is one of the largest providers of life insurance in the US. [BHF] Atlas Air Worldwide Holdings ([NASDAQ:AAWW]( The third-largest position is Atlas Air Worldwide Holdings stock, with a portfolio weighting of 8.30%. Einhorn holds shares worth just over $123 million. Compared to the previous quarter, the fund manager has left his investment unchanged. The company provides outsourced cargo and passenger aircraft operations solutions, including contractual service arrangements such as aircraft staging, as well as value-added services such as crewing, maintenance and insurance for aircraft and other customers. [AAWW] Teck Resources ([NYSE:TECK]( The fourth-largest position in Einhorn's portfolio is Teck Resources stock. After acquisitions (up 11.9% last quarter), the $112 million position accounts for about 7.5% of its total portfolio. Teck Resources is engaged in the acquisition, development and extraction of natural resources in Asia, Europe and North America. The company operates in the steel, coal, copper, zinc and energy segments. [TECK] Change Healthcare ([NASDAQ:CHNG]( The fifth-largest position is shares of Change Healthcarae, in which Einhorn has invested $ 75 million. The stock represents a weighting of about 5% of Einhorn's total portfolio. Last quarter, Einhorn added slightly to the position again (+3.93%). [CHNG] Best regards, [Bauersig] Dr. Gregor Bauer Chief Analyst, EuropeanMarkets [] --------------------------------------------------------------- [] [] December 2021: Top Investor David Einhorn's 5 Biggest Stock Positions Dear Investor,[Farmer] Top investor David Einhorn bets on both rising and falling share prices. In the 2008 financial crisis, he thus profited from the demise of the US investment bank Lehman Brothers. Since founding his hedge fund Greenlight Capital in 1996, he has achieved outstanding returns for his investors over many years, significantly outperforming the market. Recently, however, things have not been going quite so smoothly. It has had a dry spell since 2012, lagging the broad S&P 500 index. Today, I'd like to share with you the current top 5 stock positions held by successful hedge fund manager David Einhorn. Here's the full rundown of Greenlight Capital's top 5 positions: Green Brick Partners ([NYSE:GRBK]( The largest position is Green Brick Partners stock with a portfolio weighting of 24%. Einhorn holds just over $360 million worth of Green Brick Partners stock. The hedge fund manager left the position unchanged last quarter. The company develops land and real estate in Texas, Georgia, Colorado and Florida. [gbrk] Brighthouse Financial ([NASDAQ:BHF]( The second-largest holding is shares of US-based Brighthouse Financial. Most recently, Einhorn has continued to build the position (+7.6% in the last quarter). The equity position currently accounts for 11.9% of the portfolio. In total, Einhorn has invested about $177 million in the company. As a result, he holds 4.91% of all outstanding shares of Brighthouse Financial. Brighthouse Financial was spun off completely from Metlife in 2017 and is one of the largest providers of life insurance in the US. [BHF] Atlas Air Worldwide Holdings ([NASDAQ:AAWW]( The third-largest position is Atlas Air Worldwide Holdings stock, with a portfolio weighting of 8.30%. Einhorn holds shares worth just over $123 million. Compared to the previous quarter, the fund manager has left his investment unchanged. The company provides outsourced cargo and passenger aircraft operations solutions, including contractual service arrangements such as aircraft staging, as well as value-added services such as crewing, maintenance and insurance for aircraft and other customers. [AAWW] Teck Resources ([NYSE:TECK]( The fourth-largest position in Einhorn's portfolio is Teck Resources stock. After acquisitions (up 11.9% last quarter), the $112 million position accounts for about 7.5% of its total portfolio. Teck Resources is engaged in the acquisition, development and extraction of natural resources in Asia, Europe and North America. The company operates in the steel, coal, copper, zinc and energy segments. [TECK] Change Healthcare ([NASDAQ:CHNG]( The fifth-largest position is shares of Change Healthcarae, in which Einhorn has invested $ 75 million. The stock represents a weighting of about 5% of Einhorn's total portfolio. Last quarter, Einhorn added slightly to the position again (+3.93%). [CHNG] Best regards, [Bauersig] Dr. Gregor Bauer Chief Analyst, EuropeanMarkets --------------------------------------------------------------- [] [] Legendary Trader: “Dump Every Newsletter Immediately” Trading Legend Rob Booker has done it again. The 20-year veteran millionaire who navigated both bull and bear markets... is now turning the newsletter industry on its head. Giving the mainstream investors something that was previously off limits to them. You see, the ordinary investor is faced with two tough choices... They could spend years trying to figure things out like Rob did (Who really has the time for that)... Or they can get a financial newsletter to give them picks about once a month and hope things work out. Neither of those choices are very appealing. Which is why Rob has found a better way. He’s allowing anyone to get his real time stock ideas in while he analyzes the markets each day. These aren’t ideas he came up with out of thin air... These are his best trading opportunities that he trades alongside his followers. Once you’re on his contact list, all you need is a few minutes to act whenever he sends out a recommendation. The best part? He’s available to contact directly with any questions. Which is virtually unheard of in the newsletter industry these days. To join him, all you need to do is to take his phone number down. If you’re looking for a way to keep up with the market changes quickly, you need to check this out. Rob’s prepared a presentation explaining how it all works. [See this and never wait for a monthly stock pick again.]( --------------------------------------------------------------- [] [] [] [] Legendary Trader: “Dump Every Newsletter Immediately” Trading Legend Rob Booker has done it again. The 20-year veteran millionaire who navigated both bull and bear markets... is now turning the newsletter industry on its head. Giving the mainstream investors something that was previously off limits to them. You see, the ordinary investor is faced with two tough choices... They could spend years trying to figure things out like Rob did (Who really has the time for that)... Or they can get a financial newsletter to give them picks about once a month and hope things work out. Neither of those choices are very appealing. Which is why Rob has found a better way. He’s allowing anyone to get his real time stock ideas in while he analyzes the markets each day. These aren’t ideas he came up with out of thin air... These are his best trading opportunities that he trades alongside his followers. Once you’re on his contact list, all you need is a few minutes to act whenever he sends out a recommendation. The best part? He’s available to contact directly with any questions. Which is virtually unheard of in the newsletter industry these days. To join him, all you need to do is to take his phone number down. If you’re looking for a way to keep up with the market changes quickly, you need to check this out. Rob’s prepared a presentation explaining how it all works. [See this and never wait for a monthly stock pick again.]( --------------------------------------------------------------- [] [] Article Recap - [The Putin Problem](#i572731) - [December 2021: Top Investor David Einhorn's 5 Biggest Stock Positions](#i572028) - [Legendary Trader: “Dump Every Newsletter Immediately”](#155242) --------------------------------------------------------------- [] Article Recap - [The Putin Problem](#i572731) - [December 2021: Top Investor David Einhorn's 5 Biggest Stock Positions](#i572028) - [Legendary Trader: “Dump Every Newsletter Immediately”](#155242) --------------------------------------------------------------- [] © 2021 Godesburg Financial Publishing, Inc. 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Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: [{EMAIL}](mailto:) [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States [] © 2021 Godesburg Financial Publishing, Inc. DISCLAIMER: COMMUNICATIONS FROM GODESBURG FINANCIAL PUBLISHING (GFP) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY – NOT INVESTMENT ADVICE: GFP and all the services it offers are for educational and informational purposes only and should NOT be understood to be securities-related offers or solicitations. None of GFP’s communications should be considered or used as personalized investment advice. GFP recommends that you speak with a licensed professional before making any investment decision. RESULTS PRESENTED ARE NOT NECCESSARILY TYPICAL OR VERIFIED: GFP communications may include information regarding the historical trading performance of gurus in their services (all verified by a third party), as well as testimonials of non-employees depicting profitable investments and trades that are believed to be true based on the representations of the persons providing the testimonial of their own free will. Please be aware that the claims regarding investing or trading results of non-employees are not tracked by GFP nor can they be verified. As always, past performance is not necessarily indicative of future results. Therefore, results presented in this email should NOT be considered TYPICAL. Actual results can and will vary based on everything from experience, ability, risk mitigation practices, and market volatility... to the amount of money exposed in the investment or trade. Investing and trading are speculative and carry serious risk. You may lose some, all - or possibly more - than your original investment or trade. GODESBURG FINANCIAL PUBLISHING IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER: GFP, including its owners and employees, are NOT registered as securities broker-dealers, brokers, or any sort of registered investment advisors with the U.S. Securities and Exchange Commission, any state securities regulatory authorities, or any self-regulatory organizations. GODESBURG FINANCIAL PUBLISHING EMPLOYEES MAY HOLD SECURITIES DISCUSSED: If a writer holds any securities in a communication, it will be disclosed along with the information on the potential investment or trade. HIR, its owners or employees, have not been - or ever will be - paid by the issuer of a security mentioned in our services or communications. GFP, its owners and employees are paid entirely or in part from commissions based on sales of their services to subscribers. For more information, please visit [our disclaimer page here.]( Sent to: [{EMAIL}](mailto:) [Unsubscribe]( Godesburg Financial Publishing Inc., 251 Little Falls Drive, Wilmington, DE 19808, United States