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Masters in Business

Beating the S&P For Generations with Davis Funds Chairman Chris Davis

Masters in Business

Bloomberg

Investing, Business, Entrepreneurship

4.42.2K Ratings

🗓️ 5 June 2026

⏱️ 102 minutes

🧾️ Download transcript

Summary

Barry sits down with Chris Davis, Chairman and Portfolio Manager at Davis Funds. They discuss his approach to managing risk and the key elements changing the economy. Chris and Barry also discuss Chris's mentors including Charlie Munger, and how he settled into the family business.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Some follow the noise.

0:03.3

Bloomberg follows the money.

0:05.4

Because behind every headline is a bottom line.

0:09.3

Whether it's the funds fueling AI or crypto's trillion dollar swings,

0:13.8

there's a money side to every story.

0:16.5

And when you see the money side, you understand what others miss.

0:20.8

Get the money side of you understand what others miss.

0:22.3

Get the money side of the story.

0:25.3

Subscribe now at Bloomberg.com.

0:34.8

Bloomberg Audio Studios, Podcasts, Radio News.

0:43.1

This is Masters in Business with Barry Rittoltz on Bloomberg Radio.

0:48.9

This week on the podcast, strap yourself in for another banger.

0:51.3

Chris Davis chews up the scenery.

1:12.0

He is the portfolio manager of Davis advisors. They've been kicking the S&Ps butt for the past, I don't know, since 1969, $20 billion in client assets. Fascinating conversation. Charlie Munger was his mentor. He sits on the board of Coke and on Berkshire Hathaway.

1:17.5

I thought this conversation was spectacular. I think you will also, with no further ado,

1:24.4

my sit down with Chris Davis. It's so good, always good to be with you. Thank you so much. So before we get into your career, master's degree with honors from the University of St. Andrews in Scotland? Like, how did that come about? Well, and one of the things that confuses people is I actually don't have an undergraduate degree. I only have the master's degree. I sort of skipped that

1:45.2

middle step. Did you go to an undergraduate college? Well, what happened is I went to St. Andrews.

1:51.9

I had originally only intended to go for a year. I wanted to be a veterinarian. That's a long

1:57.4

side story. And I had worked at the Bronx Zoo. I'd worked at the Humane Society.

2:02.7

So the original plan wasn't dad's a fund manager, grandpas, a grant fund manager.

2:09.2

I guess I'm going to be going to the family business.

2:11.4

That was not the plan.

...

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