Moon Capital continues to find value in Egypt – ValueWalk Premium
Egypt

Moon Capital continues to find value in Egypt

Moon Capital Management was down 1.2% net for the fourth quarter, bringing its full-year return to 5.1% for 2019. In his fourth-quarter letter to investors, which was reviewed by ValueWalk, John Moon said some of the trends that tend to be negative for their strategy continued during the quarter. Detracting trends included outperformance of large-cap stocks over small caps and outperformance of stocks with more beta rather than stocks with lower valuations.

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