Jonathan Boyar, President of Boyar Research and host of The World According To Boyar podcast, joins Julia La Roche on episode 63 to share how he’s finding value during uncertain times.
During this episode, Boyar shares some of the opportunities he’s finding on an individual company level when looking under the hood of the markets.
0:00 Intro
0:51 Looking for intrinsically undervalued stocks
2:06 Evolution of value investing
3:35 Dislike of the term “value investing”
4:25 Lesson of patience
6:28 Big picture is important but it’s not critical to our investment
6:58 Make decisions on each individual company
7:24 What investors should be focused on
8:00 Does the macro matter?
9:04 Steve Einhorn, Leon Cooperman
9:55 Banking crisis and opportunity in the big money center banks
11:04 You’re never going to catch the bottom, but there are attractive entry points
12:01 Catalysts for upside in banking
12:25 Markets are being driven by fear and emotion
13:11 Nibbling on stocks
14:00 Psychology to stick through tougher times
15:00 Be humble know when you’re wrong
15:50 Market outlook is cloudy
16:44 Opportunities in microcap stocks
17:09 Return to stock-picking?
17:47 Top Golf, MSG Sports, Big Banks
18:20 Importance of reading
19:01 Top Golf is a “growth stock at a value price”
21:40 Big banks for those who are “brave”
22:23 MSG Sports “special situations” thesis
28:25 The “Forgotten 40” and favorite ideas
31:41 What would provide more clarity
32:00 Long-term view
33:20 Regional banks
