Merion Road Capital Management’s Q4 2021 Investor Letter

Merion Road Capital Management, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be downloaded here.  Merion Road Capital’s long-only large-cap portfolio returned 20% for the year. While this is a strong result on an absolute basis, it lagged the S&P.  Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.