Silver Ring Value Partners’ Q2 2021 Investor Letter

Silver Ring Value Partners, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here.  The portfolio ended the quarter at an attractive Price to Base Case Value ratio of 60%, and all of the stocks in the portfolio were below 70% of Base Case value. You can view the fund’s top 5 holdings to have an idea about their top bets for 2021.