Lee Ainslie’s Maverick Capital has had a rough year so far. The S&P 500 tanked 16% during the second quarter, bringing its year-to-date return to -20%. Investors worried about persistent inflation and the level of aggressiveness employed by the Federal Reserve in response to it. Other concerns that dragged stock market returns lower included the possibility of a recession and geopolitical issues. All of these worries drove equities into bear market territory for the first time since the pandemic began. Q2 2022 hedge fund letters, conferences and more History Repeating Itself In fact, the first six months of the year…
Lee Ainslie Predicts A Return To Fundamental Investing – A Boon For His Maverick Capital [Q2 Letter – Exclusive]
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.
