--- title: Boyar Value Group Blog | BVG Client Letter description: BVG Client Letter | Read the latest news and insights from the team at Boyar Value Group. --- [Skip to content](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter#main-content) [![logo](https://www.blog.boyarvaluegroup.com/hs-fs/hubfs/Boyar_October2018%20Theme/Images/logo.png?width=110&height=70&name=logo.png "logo")](https://boyarvaluegroup.com) [![logo-inverted](https://f.hubspotusercontent10.net/hubfs/2333817/GiantFocal_Marketplace/March/logos/logo-inverted.svg "logo-inverted")](https://boyarvaluegroup.com) - Boyar Family of Companies #### Boyar Family of Companies Whether uncovering a new idea for our research subscribers, managing pension funds, or handling accounts for individual investors, our research-driven insights help both professional and individual investors pursue their investment goals.  [![Boyar_Logo_Asset_Management-May-31-2023-08-39-05-3251-AM](https://www.blog.boyarvaluegroup.com/hs-fs/hubfs/Boyar_Logo_Asset_Management-May-31-2023-08-39-05-3251-AM.png?width=539&height=200&name=Boyar_Logo_Asset_Management-May-31-2023-08-39-05-3251-AM.png)](https://www.boyarassetmanagement.com/) Boyar Asset Management focuses on investing in the equity securities of intrinsically undervalued companies. 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Chris Mayer Returns: The Investor’s Odyssey, AI as a Junior Analyst & Life on a Public Board ![](https://www.blog.boyarvaluegroup.com/hubfs/Closing%20Bell%202.png) Jonathan Boyar Discusses Uber, MSG Sports, Cooper, and Scotts Miracle-Gro on CNBC's Closing Bell Overtime ![](https://www.blog.boyarvaluegroup.com/hubfs/Thumbnail_Website_John%20Catsimatidis.png) "I'll Take Manhattan": How John Catsimatidis Built a $4 Billion Empire - [Podcasts](https://boyarvaluegroup.com/the-world-according-to-boyar-podcast-1) #### Podcast "The World According to Boyar podcast brings top investors, best selling authors, and market newsmakers to show you the smartest ways to uncover value in the stock market."  Chris Mayer Returns: The Investor’s Odyssey, AI as a Junior Analyst & Life on a Public Board ![](https://www.blog.boyarvaluegroup.com/hubfs/Thumbnail_Website_John%20Catsimatidis.png) "I'll Take Manhattan": How John Catsimatidis Built a $4 Billion Empire ![](https://www.blog.boyarvaluegroup.com/hubfs/Justin%20Baer_thumbnail%20for%20website.png) Inside Fidelity: The Private Dynasty That Changed American Investing - [Media Appearances](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/newsroom) #### Media Check out the latest media appearances from the team at Boyar Value Group. ![](https://www.blog.boyarvaluegroup.com/hubfs/Closing%20Bell%202.png) Jonathan Boyar Discusses Uber, MSG Sports, Cooper, and Scotts Miracle-Gro on CNBC's Closing Bell Overtime ![](https://www.blog.boyarvaluegroup.com/hubfs/Yet%20Another%20Value%20New%20Size.png) Jonathan Boyar On The Yet Another Value Podcast Discussing UBER and BATRA ![](https://www.blog.boyarvaluegroup.com/hubfs/Yahoo%20Finance%20Use%20this.png) Boyar Research President Jonathan Boyar Discusses 2026 Forgotten Forty Stock Picks on Yahoo Finance - [Team](https://boyarvaluegroup.com/boyar-value-group-team) - [Contact](https://boyarvaluegroup.com/contact-us) - [Schedule a Meeting](https://www.email.boyarvaluegroup.com/meetings/amalia) [Schedule a Meeting](https://www.email.boyarvaluegroup.com/meetings/amalia) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # Boyar Value Group Blog *Read the latest news & insights from the team at Boyar Value Group.* FILTER: All Blog Newsroom Podcasts Client Letter BAM Client Letter Forbes BVG Client Letter Insights [Subscribe to Periodic Updates](https://share.hsforms.com/1uPxKxkM_SwS68oFRri7IeA2qhmh) [![Investor 2nd Quarter 2026 Letter ](https://www.blog.boyarvaluegroup.com/hubfs/2nd%20q%202026.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-2nd-quarter-letter-2026) ## [The Boyar Value Group’s 2nd Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-2nd-quarter-letter-2026) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bam client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bam-client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jul 14, 2026 [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-2nd-quarter-letter-2026) [![Q1 2026 ](https://www.blog.boyarvaluegroup.com/hubfs/1st%20q%202026.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2026) ## [The Boyar Value Group’s 1st Quarter Letter 2026](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2026) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bam client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bam-client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Apr 21, 2026 [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2026) [![Year-end 2025 Letter](https://www.blog.boyarvaluegroup.com/hubfs/year%20-end%20resized_website.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/year-end-letter) ## [Boyar Value Group 2025 Year-End Review](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/year-end-letter) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bam client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bam-client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jan 15, 2026 When History Becomes a Less Reliable Guide. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/year-end-letter) [![2nd quarter 2025](https://www.blog.boyarvaluegroup.com/hubfs/2nd%20quarter%202025-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-quarter-letter-2024-2nd) ## [The Boyar Value Group’s 2nd Quarter Letter 2024](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-quarter-letter-2024-2nd) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jul 23, 2024 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-quarter-letter-2024-2nd) [![1st quarter 2024](https://www.blog.boyarvaluegroup.com/hubfs/1st%20q%202024.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2024) ## [The Boyar Value Group’s 1st Quarter Letter 2024](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2024) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Apr 15, 2024 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/the-boyar-value-groups-1st-quarter-letter-2024) [![4th quarter 2023](https://www.blog.boyarvaluegroup.com/hubfs/4th%20quarter%202023-2.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/uncategorized/the-boyar-value-groups-quarter-letter-2023-0) ## [The Boyar Value Group’s 4th Quarter Letter 2023](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/uncategorized/the-boyar-value-groups-quarter-letter-2023-0) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jan 19, 2024 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/uncategorized/the-boyar-value-groups-quarter-letter-2023-0) [![4th quarter 2022](https://www.blog.boyarvaluegroup.com/hubfs/4th%20q%202022-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyars-value-group-2nd-quarter-client-letter) ## [The Boyar Value Group’s 4th Quarter Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyars-value-group-2nd-quarter-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jul 14, 2022 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyars-value-group-2nd-quarter-client-letter) [![1st quarter 2022](https://www.blog.boyarvaluegroup.com/hubfs/1st%20q%202022-2.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-1st-quarter-client-letter) ## [The Boyar Value Group 1st Quarter Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-1st-quarter-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Apr 13, 2022 The Boyar Value Group just released our latest quarterly letter to clients. Please find an excerpt of the letter below: [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-1st-quarter-client-letter) [![4th quarter 2021](https://www.blog.boyarvaluegroup.com/hubfs/4%20q%202021-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-4th-quarter-client-letter) ## [The Boyar Value Group 4th Quarter Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-4th-quarter-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jan 26, 2022 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-4th-quarter-client-letter) [![3rd quarter 2021](https://www.blog.boyarvaluegroup.com/hubfs/3rd%20q%202021-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-3rd-quarter-client-letter) ## [The Boyar Value Group 3rd Quarter Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-3rd-quarter-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Oct 31, 2021 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-3rd-quarter-client-letter) [![2nd quarter 2021](https://www.blog.boyarvaluegroup.com/hubfs/2nd%20q%202021-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2021-client-letter) ## [The Boyar Value Group 2nd Quarter 2021 Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2021-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Sep 7, 2021 The Boyar Value Group just released our latest quarterly letter to clients. [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2021-client-letter) [![2nd quarter 2020](https://www.blog.boyarvaluegroup.com/hubfs/2nd%20q%202020-1.png)](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2020-client-letter) ## [The Boyar Value Group 2nd Quarter 2020 Client Letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2020-client-letter) [Blog](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/blog) [Client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/client-letter) [Bvg client letter](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter) Jul 23, 2020 The Boyar Value Group just released our latest quarterly letter to clients. In it we discuss: [Explore](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/blog/the-boyar-value-group-2nd-quarter-2020-client-letter) [1](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter/page/1) [2](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter/page/2) [Next](https://www.blog.boyarvaluegroup.com/boyar-value-group-blog/tag/bvg-client-letter/page/2) ![website footer logo](https://www.blog.boyarvaluegroup.com/hubfs/website%20footer%20logo.webp) Since 1975 the Boyar family of companies has focused on creating value for our clients — by seeking out and investing in companies whose intrinsic value significantly exceeds that of its current market price. ##### Social Links ![facebook](https://www.blog.boyarvaluegroup.com/hubfs/facebook.webp) ### Facebook ![linkedin](https://www.blog.boyarvaluegroup.com/hubfs/linkedin.webp) ### Linkedin ![twitter](https://www.blog.boyarvaluegroup.com/hubfs/twitter.webp) ### Twitter ##### Contact us ![email](https://www.blog.boyarvaluegroup.com/hubfs/email.webp) ### info@boyarvaluegroup.com [mailto:info@boyarvaluegroup.com](mailto:info@boyarvaluegroup.com) ![phone](https://www.blog.boyarvaluegroup.com/hubfs/phone.webp) ### (212) 995-8300 ![map](https://www.blog.boyarvaluegroup.com/hubfs/map.webp) ### 667 Madison Avenue, 5th Floor New York, NY 10065 ##### Newsletter [Subscribe To Our Substack](https://boyarresearch.substack.com/) © 2026 Boyar's Intrinsic Value Research LLC. 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