Weitz Investment Management Value Fund’s Q2 2022 Investor Letter

Weitz Investment Management, an asset management company, released its Value Fund second-quarter 2022 investor letter. You can download it here. In the second quarter, the fund’s institutional class returned -16.03% compared to -16.10% for the S&P 500 Index and -20.94% for the Russell 1000. Year-to-date, the fund returned -22.72%. Persistent inflation followed by the aggressive monetary policy by the Federal reserve affected the performance of the portfolio. You can check the fund’s top...