Einhorn's hedge fund adds new positions in Micron and BP -letter

BOSTON Wed Jan 22, 2014 11:58am EST

BOSTON Jan 22 (Reuters) - Hedge fund manager David Einhorn, whose Greenlight Capital ranked among last year's best performers, said he had taken new stakes in BP Plc, Anadarko Petroleum Corp and Micron Technology Inc .

The fund returned 19.5 percent last year. Einhorn said bets on iPad and iPhone maker Apple Inc, General Motors Co , the Japanese yen and Micron had boosted returns, while Chipotle Mexican Grill Inc and U.S. Steel Corp hurt.

Einhorn detailed the moves in an investment letter obtained by Reuters.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.