Davids Funds: Insights from Some of Hirstory's Greatest Investment Minds

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Apr 11, 2010
During extreme periods for the market, investors often make decisions that can undermine their ability to build long-term wealth.


When faced with such periods, it can be very valuable to look back in history and study closely the timeless principles that have guided the investment decisions of some of history's greatest investors through both good and bad markets. By studying these great investors, we can learn many important lessons about the mindset required to build long-term wealth.


With this goal in mind, the following pages offer the wisdom of many of history's most successful investment minds, including, but not limited to; Warren Buffett, Chairman of Berkshire Hathaway and one of the most successful investors in history; Benjamin Graham, recognized as the "Father of Value Investing" and one of the most influential figures in the investment industry; Peter Lynch, portfolio manager and author, and Shelby Cullom Davis, a legendary investor who turned a $100,000 investment in stocks in 1947 into over $800 million at the time of his death in 1994.1


Though each of these great investors offers perspective on a distinct topic, the common theme is that a disciplined, patient, unemotional investment approach is required to reach your long-term financial goals. We hope this collection of wisdom serves as a valuable guide as you navigate an ever-changing market environment and build long-term wealth.


View the chapters via the links below or download the entire document in PDF format:


Chapter 1: Avoid Self-Destructive Investor Behavior


Chapter 2: Understand That Crises Are Inevitable


Chapter 3: Understand While Painful, Crisis Creates Opportunity


Chapter 4: Don't Attempt to Time the Market


Chapter 5: Don't Let Emotions Guide Your Investment Decisions


Chapter 6: Recognize That Short-Term Underperformance is Inevitable


Chapter 7: Disregard Short-Term Forecasts and Predictions


Chapter 8: Conclusion & Summary