Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Greenlight Capital: A Trendy Yet High-Quality Investment

Greenlight Capital Reinsurance, LTD (NASDAQ:GLRE) is a relatively new reinsurance firm founded by David Einhorn. The reinsurance company, established in 2004, operates as part of Einhorn's Greenlight Capital hedge fund. Based on my analysis, I believe that GLRE is a good investment that is poised to grow in the future. Before I get to that, however, I would like to discuss the company and the reinsurance industry in a bit more detail.

The Reinsurance Industry:

Reinsurance is insurance that is purchased by an insurance company as a way to manage the risk that the company takes on. The purchasing company and the reinsurance company enter into an agreement in which the purchasing company pays a premium to the...

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