Crisis Investment Perspective

Published: March 27, 2020, 11 p.m.

Life can change in a New York minute, and it has. The world is going through a terrible experience right now.  As President Trump has said we are at war with an invisible enemy.  I would add it\u2019s an enemy that can strike anyone, anywhere which makes it so unsettling.

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The coronavirus is upending lives and societies.  The steps we are taking to combat it are harsh, isolating, and damaging psychologically, emotionally, and financially. Everyone is affected.  Many Americans are losing their paychecks and jobs for an indeterminate amount of time. Some are in danger of losing their businesses.  

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The cynic\u2019s definition of a recession is when your neighbor loses her job.  A depression is when you lose your job.  Until we get a handle on the length and scope of COVID-19 we won\u2019t be able to define its impact. 

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This week\u2019s guest comes from a family of investors who take the long view. He is third generation value investor Christopher Davis, Chairman and Portfolio Manager of Davis Advisors an independent investment management firm. Davis will provide some welcome perspective on how the firm has managed through crisis conditions for more than half a century.

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WEALTHTRACK #1639 broadcast on March 27, 2020

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More info: https://wealthtrack.com/third-generation-investor-chris-davis-share-50-years-of-perspective-on-managing-through-a-crisis/

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