Tag: episode_1639

Crisis Investment Perspective

March 27, 2020

This page is here for technical reasons. Please click here for the episode page.

BUILDING PERSPECTIVE

Portfolio manager Chris Davis gives us two book recommendations to build perspective and wisdom, two prerequisites to successful long-term investing.

Watch the related WEALTHTRACK episode.

THIRD GENERATION INVESTOR CHRIS DAVIS SHARE 50+ YEARS OF PERSPECTIVE ON MANAGING THROUGH A CRISIS

March 27, 2020

Life can change in a New York minute, and it has. The world is going through a terrible experience right now. As President Trump has said we are at war with an invisible enemy. I would add it’s an enemy that can strike anyone, anywhere which makes it so unsettling.

The coronavirus is upending lives and societies. The steps we are taking to combat it are harsh, isolating, and damaging psychologically, emotionally, and financially. Everyone is affected. Many Americans are losing their paychecks and jobs for an indeterminate amount of time. Some are in danger of losing their businesses.