The World According to Boyar cover image

Legendary investor Leon Cooperman on asset allocation, interest rates, Berkshire Hathaway, and where he is currently finding value in the stock market

The World According to Boyar

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Warren Buffett's Annual Letter

This weekend, Warren Buffett released his annual letter. He didn't talk about why he didn't put any meaningful amount of money to work during March and April. I would say that probably having trouble finding cheap stocks, which is why he spent 25 billion buying his own stock back. In 1982, Business Week had a picture of Dr. Singleton, the founder of Teladine on his cover. They pictured him as Icarus, the mythical Greek god with the wax wings that flew too close to the sun. And they were highly critical of his stock repurchased activity.

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