Sound Shore Management’s Q1 2022 Investor Letter

Sound Shore Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. The Sound Shore Fund Investor Class (SSHFX) and Institutional Class (SSHVX) declined 0.97% and 0.91%, respectively, in the first quarter of 2022, trailing the Russell 1000 Value Index (Russell Value) which declined 0.74%. The one-year advances for SSHFX of 10.07% and for SSHVX of 10.30% were behind the Russell Value’s 11.67%. As long-term...