Christopher Davis
25 statements across 1 episodes · 5 bullish · 5 bearish · 1 people on the record · first statement Mar 5, 2024 by Christopher Davis · said 1 times in 1 episodes since 2024 · across every show →
On the record as a speaker too: Christopher Davis's record, appearances and statements → this page counts the times other people say the name.
Mentions by year
brought up most by Tom Gaynor (1)
tap a year for its mentions
2024 1 mention in 1 episode
Everything said about Christopher Davis, oldest first
Mar 5, 2024 neutral
Mar 5, 2024
Mar 5, 2024 neutral
Mar 5, 2024 neutral
Davis: Children judge elders narrowly due to their own limited perspective
“I think of the, you know, the old expression, no man is a hero to his valet. Well, that, that's probably true with kids and grandkids too. You know, they have a very narrow way of judging people. And, you know, when Churchill said that, that shows the limits o…”
Mar 5, 2024 neutral
Mar 5, 2024 bullish
Mar 5, 2024 neutral
Mar 5, 2024 negative
Davis: Raising kids in luxury creates unhappiness if they cannot maintain it
“What doesn't work is giving your kids a lifestyle where they will feel like a loser if they are unable to maintain that lifestyle on their own merit. I just think that, you know, if you do the Southampton, Palm Beach Aspen, like, you're creating kids that Eith…”
Mar 5, 2024 neutral
Davis: Berkshire's charity program made its shares difficult to borrow and short
“Berkshire for many, many years had a charity program where if you owned a share of Berkshire each year, you were given a dollar amount per share that you could assign to any charity of your choice... But In order to be able to do that, you had to own the share…”
Mar 5, 2024 negative
Davis: Trimming fund holdings because they grow too large is a mistake
“If I had simply bought each stock that I ever bought for the funds in a personal account and held it, then I simply never would have sold simply because something was getting too big. Whereas in the funds, I do that all the time, and it's been a terrible mista…”
Mar 5, 2024 positive
Davis: Grandfather grew $100K into $2B and gave 100% to charity
“My grandfather built this fortune. I mean, it was amazing. He started borrowed a 100,000 dollars. When he died, it was eight hundred million. It was held in a trust as long as my grandmother, his wife was alive. And when she died, it was two billion. But a hun…”
Mar 5, 2024
Mar 5, 2024 positive
Davis: Parents required summer jobs and covered pay for unpaid internships
“There was a rule from about the time we were 13, which was, you know, you were allowed in the house, you know, three weeks without a job, so that sort of got you through. You know, Christmas break or spring break, but the assumption was you were going to work …”
Mar 5, 2024
Davis: Befriending a 12-year-old and parenting a 40-year-old are big parenting errors
“I would say the most dangerous thing in the world with a twelve-year-old is to try to be his friend. But, you know, the worst thing with a forty-year-old is to try to be their parent. You know, you, you've got to figure out how to transition that relationship …”
Mar 5, 2024
Davis: NYC pooper-scooper law raised dog-walking earnings to $100/week
“If I had been happy to charge 50 cents a walk that law came into place and I could charge five dollars, 10 dollars. People would pay me to come twice a day. And you know, all of a sudden, you know, I'm making, you know, a hundred bucks a week.”
Mar 5, 2024 negative
Mar 5, 2024
Davis: Value Managers Gained 9% to 25% During 2000 Market Drop
“In 2000, the market went down nine percent, if I remember right, maybe nine, nine and a half. And it wasn't like, managers like us who had stuck to sort of a discipline, you know, went down two and the market went down nine. It's like we were up nine or 10, yo…”
Mar 5, 2024 neutral
Davis: Risking a 100% loss on an investment is rational with proper sizing
“At an individual investment level, you know, risk is about the permanent Loss of capital in that investment, and really over a course of a portfolio, because you can be taking a risk of a hundred percent loss in an investment, and it can be a very rational ris…”
Mar 5, 2024
Mar 5, 2024 negative
Davis: I avoid ultra-wealthy enclaves like Southampton to check personal envy
“And so a big part of checking that weakness in me is not to get in that pool. And so, you know, I don't go to South Hampton, not because I don't think it would be lovely and not because there aren't some amazing, interesting people that I admire hugely that li…”
Mar 5, 2024
Davis: Grandfather Levered Up on Margin in 1975 After 80% Drawdown
“My grandfather had been living overseas. He was ambassador from 68 to 75 in Switzerland. And he comes home and he's like, this looks great. Now his net worth was down 80%. You know, huge loss but he hadn't experienced it viscerally. So he just came in and he w…”
Mar 5, 2024 positive
Davis: Lowering spending matters most because it annuitizes a lower spending rate
“The number one is if you can get them to spend less, that, that, that has just a huge benefit, right? Because it's not that they spend less, which means that they have more to save you know, more to invest for next year or the year after that. That's true. But…”
Mar 5, 2024
Mar 5, 2024 bullish
Davis: VR and AR will replace smartphones and restore broadsheet-style reading
“It's actually one of the reasons I'm fairly optimistic that whatever replaces this shitty little, you know, five inch rectangle that we all carry around in our pocket, that is a very, very poor way to get information, this tiny little screen. And, you know, wh…”
Mar 5, 2024 negative
Davis: Hewlett-Packard board bears responsibility for decades of bad leadership decisions
“I would certainly argue that both Hewlett Packard and Koch, the boards had a lot of accountability for decades of bad decisions. And it was bad decisions on what is the board responsibility, which is who's in charge.”