'We start with the view that our number one job is to build generational wealth.' Chris Davis
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ritholtz.com/2020/02/mib-re…
“When prices are gyrating, if [clients can] can look through at the underlying business, it creates a much greater sense of equanimity in the face of gyrating prices.” Chris Davis
'We want to run our portfolio like a ship to survive all different kinds of weather to continue to make progress, but we don’t want to expose ourself to the risk that when the storm comes will founder. We want to make sure that we’re making progress, so we have to move forward.'
'Charlie Munger... he came into my life at a wonderful stage. I admire him more than almost anybody I know. His intellect, his character, his wisdom, his thoughtfulness, his decency, he’s just one of the greatest human beings I’ve ever known.' Chris Davis
"Over time, any honest investor and especially any honest value investor will tell you that their biggest mistakes were what they sold, not what they bought." Chris Davis
#SOYA
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