This article is provided by one of our institutional fund managers, Davis Advisors. Davis Advisors is an independent, employee-owned investment management firm founded in 1969. The firm began managing the Selected Funds, including the Selected American Shares in 1993. Since their founding more than 40 years ago, their mission has been to serve shareholders and to do so with high integrity.
Their time-tested investment discipline seeks to build wealth for shareholders through a patient, long-term investment approach. The Davis Advisors believe stocks represent ownership interests in businesses and therefore rigorously research company fundamentals. They are highly sensitive to valuation, as price is an important component in generating attractive long-term investment results.
The following piece illustrates how the discounted prices of the companies in Selected American Shares may benefit investors over the coming decade and why a focus on “Price vs. Value” has led to long-term success for investors.
Price Is What You Pay, Value Is What You Get
Used with permission from Davis Selected Advisors, L.P.
Selected American Shares have played a large role in providing investment solutions for GVT clients and is among GVT’s approved stable of investment options and is continuously vetted by our Investment Team and our disciplined and rigorous investment review process. If you’d like more information regarding Genesee Valley Trust Company, our investment process or have any other questions, please feel free to contact us at 585-586-6900 or home@geneseevalleytrust.com.
Investments are not bank deposits, are not obligations of, or guaranteed by Genesee Valley Trust Company and are not FDIC insured. Investments contain risk, including market capitalization risk, political and country risk and/or credit and interest rate risk. Investments may lose value. Past performance is not a reliable indicator or guarantee of future results.