20Apr/110
Taking the F-word out of financial stocks
As the son and grandson of investing legends, both named Shelby Davis, Chris Davis is to the mutual fund born. He took a few detours -- at various times considering the priesthood and the CIA -- but years ago found his way into the family business. At 45, he's been chairman of Davis Advisors for 13 years and is committed to the tenets laid out by his forebears: He seeks bargain-priced shares of established companies (often financials) and holds them ... and holds them.