A rough Q4 (-4.9%) brings Greenlight Capital's 2012 gain down to 7.9%. Among existing positions,...

|By:, SA News Editor

A rough Q4 (-4.9%) brings Greenlight Capital's 2012 gain down to 7.9%. Among existing positions, Einhorn continues to like a big winner - GM - saying the company has substantial excess capital even after its big purchase from the government. He also adds to a big loser - Marvel (MRVL) - calling the $1B verdict against it "a novel interpretation of the law by a local judge, combined with a hometown runaway jury ... MRVL is on the cusp of a large product transition which, to put it mildly, is not in the valuation."