Miller Value Partners Deep Value Strategy’s Q2 2022 Investor Letter

Miller Value Partners, an investment management firm, published its “Miller Value Partners Deep Value Strategy” second-quarter 2022 investor letter – a copy of which can be downloaded here. The Deep Value Strategy had a very disappointing second quarter experiencing significant valuation contraction during the period. For the quarter, the Deep Value Strategy was down more than 30%, significantly lagging the S&P 1500 Value Index and the overall market. For the year, the Strategy is down about 10%, ahead of the S&P 1500 Value Index and the overall market. Go over the fund’s top 5 positions to have a glimpse of its finest picks for 2022.