The Boyar Value Group just released our latest quarterly letter to clients.
Please find an excerpt of the letter below:
Investors, however, are by no means out of the woods. Could stocks go lower, in the near term, from here? Absolutely. We have no idea what other trouble will arise because of the Federal Reserve’s botched monetary policy, but this seeming crisis, which should pass as previous ones have, has also created opportunities for long-term patient investors. If investors have the fortitude to withstand the current volatility, we believe that they should treat the current situation not as a crisis but as an opportunity.