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Boyar Asset Management focuses on investing in the equity securities of intrinsically undervalued companies.
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The Boyar Value Group just released our latest quarterly letter to clients.
Please find an excerpt of the letter below:
In volatile times like the current one, reacting to short-term swings can be costly. Instead, we invest with the long term in mind, remembering that history is on the side of those who do not panic during market corrections: despite average intrayear declines of 14.3%, annual returns were positive in 32 of the past 43 years.