Boyar's 1Q 2026 Investor Letter:

“The big profits I have made were through very long planning, waiting and watching.” – Philip Fisher 1Q 2026: Markets Relearn an Old Lesson The first quarter of 2026 was a reminder of an old lesson: stocks rarely move higher in a straight line. When geopolitical shocks hit a market already burdened by elevated valuations and weak consumer confidence, a market decline should not come as a surprise.…