Elm Ridge 4Q22 Letter: “Say it Ain’t So”

Elm Ridge letter to investors for the fourth quarter ended December 2022, titled, “Say it Ain’t So.” “Graham and Dodd investors are people who place a very high value on having the last laugh. In exchange for the privilege, they have missed out on a lot of laughs in between.” – Michael Lewis Q4 2022 hedge fund letters, conferences and more   We posted a pretty good quarter to end a very good year. Say it Ain’t So “I knew I was smart; I just needed a bull market to prove it”. – Heard on Wall Street “It’s not denial….