Dan Roller's Maran Capital Management returned -15.7% net of all fees and expenses in the second quarter of 2022, according to a copy of the fund's update, which ValueWalk has reviewed. Overall, the fund has lost -25.3% in the year, although it has returned approximately 14% per annum net over the past five years.
Roller writes in his update that the past six months have been somewhat of a "character-builder" of a market. Cheap stocks have gotten cheaper, while more expensive equities have been "destroyed."
Q2 2022 hedge fund letters, conferences and more
Given this environment and the fact that many economists and analysts are expecting the economy to only get...
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