Warren Buffett was probably only half joking when he famously contradicted a famous proverb. It is fine, he said, to put all of your eggs in one basket as long as you “watch that basket closely.”Now hedge-fund manager David Einhorn, once seen as a new-era Mr. Buffett, is taking that sentiment to heart. In a Thursday call with investors in his reinsurance company Greenlight Capital Re that serves as an investment vehicle, he said he would make fewer, bigger bets.

Source: Wall Street Journal February 28, 2019 18:22 UTC