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Strategies & Market Trends : Value Investing

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To: Jurgis Bekepuris who wrote (45228)5/22/2012 12:20:27 PM
From: E_K_S  Read Replies (2) of 78763
 
Nokia Corporation (NOK) -NYSE

Value Investor Chris Davis started an investment in NOK @ $4.86 in mid April. That seems to not be working out... last $2.90 near another all time low. That's a 69% loss in less than 30 days. UG!
“Chris continues a proud family tradition – making good money”Chris is a thoroughly old school value investor who learned investing on his father's knee – who learned the same way from his father – so it's no wonder his ‘buy and hold' strategy wins big returns for his fund and has done since 1994.Chris has over 18 years of hands-on experience in investment management and securities research so he knows his way through the maze. He buys durable, well-managed businesses at a value price and holds them till they bear fruit.Chris doesn't get emotional about his holdings – he'll buy any stock he fancies, regardless of its public image – so Philip Morris, AIG and Merrill Lynch are all there even at the risk of scaring off some potential shareholders. His judgment is sound and he's gained a reputation for spotting ‘headline risk' companies with real growth potential. To Chris they're all gold, whatever color they've been painted.Chris and the Davis family, employees and directors of the Davis funds, have poured billions of their own money into the funds. They put their money where their mouth is. Factor in Chris' MA in theology and philosophy and you can see why this style of value investing appeals. He really believes in what he's doing.
Check out his current holdings here:
gurufocus.com

EKS
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