Excess Returns High Conviction Value Investing with Chris Davis
16 snips
Jan 11, 2024 
Chris Davis, Chairman and Portfolio Manager of Davis Advisors, discusses his process for analyzing companies and his owner earnings-based approach. He shares his biggest lessons from his successful investors family, how Charlie Munger changed his life, and his thoughts on concentration and position sizing. They explore concepts like owner earnings, business growth, and the role of directors in creating shareholder value. They also touch on the influence of David Swenson and Jeff Bezos' strategies, as well as the importance of thinking like an owner and owning a business, not just a stock.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Introduction
00:00 • 2min
Understanding Business Growth and Owner Earnings
02:24 • 10min
The Influence of David Swenson and Jeff Bezos' Strategies
12:51 • 7min
The Role of Directors in Creating Shareholder Value and the Lessons from Philip Morris
20:00 • 6min
Life-Changing Encounter with Charlie
25:31 • 30min
Durable Companies and Winner Take All Brands
55:04 • 7min
The Importance of Owning a Business, Not Just a Stock
01:01:43 • 2min