Davis Advisors, (Davis) is an independent investment management company founded in 1969 by Shelby M.C. Davis. Today, the business and research team is headed by Christopher Davis, Chairman, Portfolio Manager and Research Analyst and manages more than US$25 billion (at 31 March 2022) across a range of equity strategies on behalf of its clients.
While the Davis business has established an enviable track record dating back some 45 years, the actual genesis of the firm’s signature Davis Investment Discipline dates back a further generation to Shelby M.C. Davis’s father, the legendary Shelby Cullom Davis (Shelby).
In 1947, Shelby invested $100,000 of his family’s capital, primarily in financial stocks, and famously turned it to more than $800 million by the time of his death in 1994. His discipline was straightforward – he purchased durable, well-managed businesses at value prices and held them for the long term, allowing the power of compounding to work. This philosophy provides the foundation of the Davis Investment Discipline.
Davis recognises that its success is determined by its ability to build and preserve wealth for its clients. The business is independent from institutional ownership; it is wholly employee owned. Independence allows the team at Davis to make what they believe are the best long-term decisions for their clients; their mission, to serve clients with integrity.