Billionaire investor David Einhorn says younger people are too 'impatient' to build wealth or buy a house

David Einhorn is the billionaire founder of Greenlight Capital. Bloomberg/Getty Images Hedge fund investor David Einhorn says many young Americans lack the patience to build wealth or save for a house The investor says young people are putting more focused on putting money into speculative investments. Younger Americans are falling behind in homeownership, a trend that's emerged amid the housing slowdown. David Einhorn says younger generations' own habits are holding them back from breaking into the housing market or building wealth. The billionaire founder of Greenlight Capital recently speculated about the reasons younger Americans are falling behind in homeownership . The main reason, in Einhorn's view, is that many young people lack the patience and investment discipline needed to save up for a home, and are funneling their wealth into speculative assets or sports betting. "I sense the younger generation is just more impatient.