Vistra Corp. (VST) Investment Sentiment Exceeded Investable Threshold

Legacy Ridge Capital Management, LLC recently published its “Legacy Ridge Capital Partners Equity Fund I” second quarter 2024 investor letter. A copy of the same can be downloaded here. The fund returned 25.6% gross, and 19.7% net of accrued performance fees through June. The performance has remained decent both in absolute and relative terms, despite being only 70% invested in 9 cyclical companies and not hedging positions, while animal spirits are once again inflamed across markets....