Friday, 6 March 2015
Last updated 10 hours ago
Jul 12 2011 | 12:31pm ET
David Einhorn won't be winning any kind of World Series this year.
The Greenlight Capital founder, who is in talks to buy a minority stake in baseball's New York Mets—a longshot if there ever was one to win the sport's World Series—was eliminated from the World Series of Poker in Las Vegas yesterday. Einhorn came in 18th in the event five years ago.
The hedge fund manager was among the 4,521 of the 75,672 entrants to survive the first day of the event, which has a $10,000 buy-in. But despite ending day one with 94,400 chips—better than twice as many as the average survivor—Einhorn's WSOP ended, along with those of about 1,200 others, including defending champion Jonathan Duhamel.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…