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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How to Deal With a Bad Start in Stock Market

I'm known for being very candid. I got a call from a very bright guy who decided to close his fund and basically was going to set up an SPV for Synopta. For four months the stock traded at two bucks. Only Alice in Wall Street had a $2 price objective. The stock is now 10 and a half and everybody's price objective is 11. You got to do your own work today. Stock Street is really, I hate to say this because I came out of Wall Street useless. It's not much different than your in-book value even though it's up to five fold.

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