Moon Capital Management’s Q3 2022 Investor Letter

Moon Capital Management, an investment management company, released its third-quarter 2022 investor letter. A copy of the same can be downloaded here. Between January to September, stock markets had their worst performance in 20 years. Year to date, the US benchmark S&P 500 Index is down 25%. The fund also declined ~15% this year. In addition, you can check the top 5 holdings of the fund to know its best picks in 2022.