“Fragile Value” & “Speculative Growth” Areas to Avoid

Chris Davis and Bill Miller reflect on 40 years of friendship and how temperament has impacted their respective investment styles

Markets overreact in the face of uncertainty. Our economy, businesses and markets are dynamic and will adapt – a huge strength

Why are Financials attractive now? Financials are the cheapest sector in the market, yet have the strongest balance sheets in their history, growing market dominance, record net income and an improving regulatory environment.