Moon Capital Management’s Q2 2023 Investor Letter

Moon Capital Management, an investment management company, released its second-quarter 2023 investor letter. A copy of the same can be downloaded here. The stock prices moved extraordinarily during the first half and the S&P 500 increased approximately 16% during the period. The fund increased approximately 11% in the first half of 2023 lagging behind the S&P500’s 15.9% return. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.