Corsair – Market Is Undervaluing Local Broadcasting Media Special Situation – ValueWalk Premium

Corsair – Market Is Undervaluing Local Broadcasting Media Special Situation

As Corsair Capital Management looks back on its second quarter in a letter to investors reviewed by ValueWalk, it might take solace in the fact that its Corsair Select, up by 3.9%, beat the S&P 500, which posted a 3.1% after more than doubling that performance in the first quarter on the Trump rally train. Corsair Capital was up 2.3% over the same period. When looking at the underpinnings of the Trump rally and the recent past for central bank interest rate hikes . . .

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