Mittleman Investment Management Q2 2018 Letter

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About: Aimia, Inc. (GAPFF), AMC, HCHC, REV, IRLTF, IRLTY, Includes: JDSHF, JSHLY, KB, SBRCY
by: Fund Letters

Summary

Includes detailed analysis of Mittleman Investment Management's positions in GAPFF, AMC, HCHC, REV, IRLTF, IRLTY.

Mittleman Investment Management, LLC’s composite declined 6.3% net of fees in the second quarter of 2018, versus gains of 3.4% in the S&P 500 Total Return Index and 7.8% in the Russell 2000 Total Return Index.

The more recent stock price declines are completely at odds with the stable and in most cases improving fundamentals and financials of the businesses in which we’ve invested.

Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.