GrizzlyRock Biding Time Until Shorts Pay Off

The S&P 500 is on track to hit its January high again this year as U.S. stocks continue to fly up, up and away. Meanwhile, many hedge funds are being left in the dust, especially those which favor value investing styles. GrizzlyRock Value Partners released its Q2 investor letter this week, and the firm is among the casualties of this year’s seemingly endless rally. However, if — or when — the markets finally stop favoring stocks with a compelling story over those with real fundamentals, GrizzlyValue could be aptly positioned. GrizzlyRock Value Partners bounces back in Q2 According to the Q2…