It’s Boring, But It’s How You Make Millions Investing

Jonathan Boyar runs Boyar Value Group, the firm his father Mark started in 1975 as a research service and grew into Boyar Asset Management in 1983. The idea has not changed in fifty years: ignore what Wall Street pays as a multiple of earnings and ask what an acquirer would pay for the whole business. If the stock trades at a big discount to that number, it is interesting. If not, you do not have to swing. Jonathan puts 70 to 80 percent of his own net worth into the same stocks he buys for cl...