We try to buy businesses at big discounts to what they're worth, focusing mostly on out-of-favor or forgotten stocks, the ones nobody wants until they start going up," Mark Boyar explains. Once described as "the most patient man on Wall Street," Mr. Boyar has outperformed the S&P 500 during the past decade with a compounded annual growth of better than 2-to-1 (roughly 11.9%, versus 5.3%).

Schering-Plough Corporation announced that Chairman and CEO Fred Hassan intends to make an open market purchase of $2 million of Schering-Plough Common Shares with personal funds... "The media interpretations of the top-line ENHANCE trial results, and the resulting stock price reaction, have been deeply troubling. I firmly believe in VYTORIN and ZETIA.

Viacom and CBS shareholders are better off since the company split a year and a half ago, Sumner Redstone told CNBC's Maria Bartiromo.

Value proposition - manager holds few positions in Buffett-like quest for undervalued stocks

Corporate castaways can yield outsize returns, as long as you choose carefully and bide your time before buying in.

Wall Street and the private market may differ substantially in their valuations of a business, and that’s an opportunity for the Boyar Value Fund. The fund aims to buy businesses at a significant discount to their intrinsic value with the idea that, over time, the market will value them appropriately, or they will be acquired. Relying on in-depth fundamental research, the manager Mark Boyar runs