Sunday, April 6, 2014
How to Buy Dollar Bills for 50 Cents - Mark Boyar
Barrons did an interview with Mark Boyar in August last year. Mark Boyar runs a mutual fund, Boyar Value, that has beaten the S&P500 over the last 5 years. He approaches investing with mentality of buying dollar bills for 50 cents. Besides running a mutual fund, Mark also publishes investment research called Boyar Intrinsic Value which include an annual list of undervalued stocks called the Forgotten Forty. Stocks included in Forgotten Forty include Hannesbrands (HBI) and Liberty Media (LMCA). In the interview, Mark lists his current favourite stocks ideas that include Weight Watchers (WTW) that has decline 75% from its high to $21, Scotts Miracle-Gro (SMG) and Bank of America (BAC) which he thinks is worth $28.
To read the interview, click here