Davis Financial Fund’s Q4 2020 Investor Letter
Davis Funds, an investment management firm, published its “Davis Financial Fund” fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the said letter, David Funds discussed the updates on their long-term performance, recent results, and notable changes during the recent period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Published on April 1, 2021 at 12:33 pm by Inan Dogan, PhD
Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. He launched his hedge fund in 1956 with $105,100 in seed capital. Back then they weren’t called hedge funds, they were called “partnerships”. Warren Buffett took 25% of all returns in excess of 6 percent.
Davis Funds: “We Expect Chubb (CB) to Grow Decently and Gain Market Share Over Time”
Davis Funds, an investment management firm, published its “Davis Financial Fund” fourth quarter 2020 investor letter – a copy of which can be downloaded here. In the said letter, David Funds discussed the updates on their long-term performance, recent results, and notable changes during the recent period. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021.
Davis Funds, in their Q4 2020 investor letter, mentioned Chubb Limited (NYSE: CB) and shared their insights on the company. Chubb Limitedis a Warren, New Jersey-based insurance company that currently has a $71.5 billion market capitalization. Since the beginning of the year, CB delivered a 3.37% return, extending its 12-month gains to 50.20%. As of March 31, 2021, the stock closed at $157.97 per share.