David Einhorn covers familiar territory, telling CNBC ZIRP is counterproductive and the Fed...

|By:, SA News Editor

David Einhorn covers familiar territory, telling CNBC ZIRP is counterproductive and the Fed should hike 200-300 basis points. Amazon (AMZN): "It's very hard to compete against someone who doesn't feel compelled to make a profit," he says, adding that he's not short. Apple (AAPL): Substantially undervalued and headed for a $1T market cap.