Tiger cub Steve Mandel of Lone Pine Capital continued experiencing frustration in the second quarter, with their longs again lagging the market averages, according to an investor letter reviewed by ValueWalk.
Steven Mandel's investing strategy
Mandel’s strategy involves favoring either stocks that compound value through organic earnings growth or companies that are “undergoing favorable management and strategic changes not yet realized in their valuations.” Mandel says that while this strategy is not currently in favor, the approach “has characterized our investing...
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