Most investors would just as soon forget 2022. With many global indices set to end the year deeply in in the red, “safe” fixed-income investments proving not to be so safe after all, and many former pandemic highflyers decreasing by 70% or more, investors have endured a year of carnage. Except for energy […]

The Boyar Value Group’s 4th Quarter Letter

Our optimism about value shares reflects the continued valuation discrepancy between growth and value stocks. During 2022, value stocks outperformed growth stocks for the first time in 6 years (as measured by the S&P 500’s performance relative to the S&P 1500 Value), and we believe that continued outperformance is likely. Although the valuation gap between value and growth stocks did narrow during 2022, value stocks remain significantly cheaper than growth stocks.

Tom Gayner, Co-CEO of Markel discusses the evolution of Markel into a Fortune 500 company, the secret to success in the investment business and much more…

  The Interview Discusses:  The secret to success in the investment business. His investment thesis on both Home Depot & Diageo. Why investing through the covid crisis was harder than investing through the financial crisis. How covid has impacted Markel’s insurance operations. His thoughts on Berkshire Hathaway investing in Markel. His observations of Warren Buffett […]

The Boyar Value Group’s 3rd Quarter Client Letter

The Boyar Value Group just released our latest quarterly letter to clients. Please find an excerpt of the letter below: Do Higher Interest Rates Mean That Stocks Need to Decline? Pundits see higher bond yields as a sign that equity valuations need to further compress (after all, higher bond yields are competition for stocks), but […]

John Rogers, Co-CEO of Ariel Investments on founding Ariel at the age of 24, the techniques he employs when investing on behalf of clients and more…

  Share it on:      The Interview Discusses:  Founding Ariel (which now manages more than $16 billion) at the age of 24. Surviving the stock market crash of 1987 and how he turned this setback into an opportunity to grow both his firm as well as his reputation. Why sitting on corporate boards such […]