The World According to Boyar

The interview discusses: 

• The most important determinants of a successful business. 
• The importance of risk taking. How he was able to convince Ross Perot to let him take his company public. 
• How Ken was able to co-found The Home Depot. 
• How he incentives employees and partners. 
• Why he turned down an investment with Bernie Madoff. 
• The importance of not being complacent. 
• And much more...

Biography:

Ken Langone is a co-founder of Home Depot and the founder and chairman of Invemed Associates LLC. He received a B.A. from Bucknell University and an M.B.A. from New York University’s Stern School of Business. He serves on the Board of Overseers of the Stern School and on the Board of Trustees of New York University, as well as serving as chairman of the Board of Trustees of New York University Medical Center.


Important Disclosures. The information herein is provided by Boyar’s Intrinsic Value Research LLC (“Boyar Research”) and: (a) is for general, informational purposes only; (b) is not tailored to the specific investment needs of any specific person or entity; and (c) should not be construed as investment advice. Boyar Research does not offer investment advisory services and is not an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”) or any other regulatory body. Any opinions expressed herein represent current opinions of Boyar Research only, and no representation is made with respect to the accuracy, completeness or timeliness of the information herein. Boyar Research assumes no obligation to update or revise such information. In addition, certain information herein has been provided by and/or is based on third party sources, and, although Boyar Research believes this information to be reliable, Boyar Research has not independently verified such information and is not responsible for third-party errors. You should not assume that any investment discussed herein will be profitable or that any investment decisions in the future will be profitable. Investing in securities involves risk, including the possible loss of principal. Important Information: Past performance does not guarantee future results.  

Unlocking Investment Opportunities Since 1975

At the Boyar Value Group, we've dedicated nearly five decades to the pursuit of value on behalf of our clients. Founded in 1975, our firm has earned a reputation as a trusted source for uncovering undervalued opportunities in the stock market.

To find out more about the Boyar Value Group, please visit www.boyarvaluegroup.com

Interview discusses: His thoughts on what it would take to create another Berkshire Hathaway. Unique insights into Warren Buffett gleaned from his over 20-year personal and professional relationship with him. His views on Berkshire’s relationship with private equity firm 3G Capital and why he continues to invest with them. The history of super-voting stock and why they were partially banned. Why the investors in Berkshire Hathaway have played such a large role in its success. And more...

Biography:

Lawrence Cunningham’s dozen books include The Essays of Warren Buffett: Lessons for Corporate America, which Cunningham self-published into an international best-seller translated into a dozen languages, as well as Berkshire Beyond Buffett; Quality Investing; and The AIG Story.

Unlocking Investment Opportunities Since 1975

At the Boyar Value Group, we've dedicated nearly five decades to the pursuit of value on behalf of our clients. Founded in 1975, our firm has earned a reputation as a trusted source for uncovering undervalued opportunities in the stock market.

To find out more about the Boyar Value Group, please visit www.boyarvaluegroup.com

Interview discusses: Why he believes the current bull market still has room to run. Some of the factors Omega considers in determining position sizing. How Omega blends macroeconomics with fundamental investing. Which sectors of the equity market Omega currently finds to be attractive. Some of the factors Omega considers in determining when to exit a position. How Omega invests in this current unpredictable political environment. What geopolitical risks concern them. What is on Omega’s “bear market” checklist.

Biography:

Steve is Vice Chairman of Omega Advisors, Inc., a New York based long/short equity hedge fund.  He joined Omega in 1999. Steve became a limited partner of Goldman, Sachs & Co. at the end of 1998.  Before that, he was Goldman Sachs’ partner-in-charge of the Global Investment Research Department and Co-Chairman of the Investment Policy Committee. 

Unlocking Investment Opportunities Since 1975

At the Boyar Value Group, we've dedicated nearly five decades to the pursuit of value on behalf of our clients. Founded in 1975, our firm has earned a reputation as a trusted source for uncovering undervalued opportunities in the stock market.

To find out more about the Boyar Value Group, please visit www.boyarvaluegroup.com

Interview discusses: What investors should look for when analyzing a turnaround situation.
His views on Amazon and what physical retailers must do to effectively compete against the online giant. Which publicly-traded retailer (besides Home Depot) he admires. Where he believes we are in the U.S. housing cycle. His surprising thoughts on Wall Street analysts.
A lesson he learned from President George Bush. And more...

Biography:

Frank was a Supreme Court clerk for Justice John Paul Stevens. He later served as deputy counsel to Vice President George Bush. Later on he became Senior Vice President of Corporate Business Development at General Electric where he reported directly to Jack Welch. Frank left GE to become deputy secretary of the U.S. department of Energy. In 2002, Home Depot recruited Blake to lead its business development and corporate operations and eventually became its CEO in 2007. He is currently on the boards of Procter & Gamble and Macy’s. He also serves as non-executive Chairman of Delta Air Lines.

Unlocking Investment Opportunities Since 1975

At the Boyar Value Group, we've dedicated nearly five decades to the pursuit of value on behalf of our clients. Founded in 1975, our firm has earned a reputation as a trusted source for uncovering undervalued opportunities in the stock market.

To find out more about the Boyar Value Group, please visit www.boyarvaluegroup.com