HVS 2Q23: Maran Capital On Ranger Energy Services
Dan Roller’s Maran Capital Management has not featured in Hidden Value Stocks in thepast. Still, the value-orientated equity hedge fund has an impressive track record ofoutperforming by selecting undervalued small and mid-cap stocks. It has returned 12% perannum net since its inception five years ago. One of Maran’s “key ingredients” in its quest for generating superior returns is “insight,” themarriage of information and knowledge. This is the only way to build conviction, particularlyduring times of uncertainty, Roller explained in his Q1 letter to investors. At the end of the first quarter,...