Christopher Davis
Christopher Davis
anyone asks counsel four home house mortgage ought three
I counsel anyone who asks me, they ought to get out of their adjustable-rate mortgage now if they're going to live in their house for more than three or four years,
add generally higher performance produce returns stocks
Stocks generally produce higher returns than bonds, and ... the differences in performance really add up over time.
change credit eyes imagine maybe onto opened stealing
They were stealing change and CDs, maybe some credit cards, when they stumbled onto these things. I imagine it opened their eyes up a little bit.
bonds holds investors stocks taxable vehicles wisdom
Conventional wisdom holds that investors should hold bonds in tax-protected vehicles like IRAs and stocks in their taxable accounts.
lost
It wouldn't be catastrophic if they lost it.
business coming designing leadership levels managing process site sponsors strategy types web whether
There will be so many different levels of involvement. Whether it is leadership or whether it's managing the construction process or coming up with our business strategy or our branding types of things, and designing our Web site and marketing, and contacting sponsors and things like that.
design faculty good industrial mainly mostly next number plan putting student students studio together trying
The way that we're putting it together is mainly faculty advisors with mostly student leadership. We're going to be trying to find a good number of students in architecture, engineering, industrial design and business, and our plan is to have a studio next quarter.
conviction goes great money people quote reminded swimming tests tide time warren
This is going to be a time that tests people's conviction, and people have thought often of how much money they can make and not enough about the question: How much can you lose? I'm reminded of a great quote by Warren Buffett when he said: 'It's only when the tide goes out that you see who is swimming without a bathing suit,'
buying change economic high hot momentum people stocks style supported
People that have had a style that typically now is called momentum investing, buying the hot stocks of the day, the high fliers, that aren't supported by the economic fundamentals of the business, should change their style, ... It's not too late.
book books-and-reading copy encourage good people
I would encourage people to get a copy of the book. It's a good book to have.
bob capable caution charge investor manager portfolio since smith throw
Portfolio manager Bob Smith has been in charge since 1997 and is a very smart, capable investor who won't throw caution to the wind,
favorite good large offered returns value
It's one of our favorite large value funds, and has offered very good long-term returns with a lot of stability.
actual design plan project quarter spring studio stuff
A lot of the organizational stuff is already started. Our plan is that Spring Quarter we will have the interdisciplinary studio to actually get most of the actual design for the project done.
almost fund solely
Also, the fund has become more diversified, where it was once almost solely pharmas and biotechnology.