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Davis and Feinberg Hunt for Bargains Amid the Sell-Off
Submitted on 05/19/2008
When the markets get tough, the tough go shopping. That's what Selected American Shares comanagers Chris Davis and Ken Feinberg are doing. Davis and Feinberg are in their 40s, so they've seen a couple of brutal markets. But they have wisdom beyond those years.
Chris is the third generation of the Davis family to manage money, and he learned quite a few lessons from his father and grandfather. Davis and Feinberg are also big fans of Warren Buffett and Charlie Munger of Berkshire Hathaway. They try to put their lessons to use in times like these.
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