Davis left BNY in 1968 to found an investment management firm that eventually became Davis Selected Advisers,[8][9] which as of 2021 manages about $37 billion in several funds.[10]
All the Davis funds invest in public equities and have been described as "value stock" funds. Shelby Davis's reputation with such stocks was such that he was called a "legendary fund manager" by the New York Times,[11] a "legend" by Money magazine,[12] "legendary" by Financial Advisor magazine,[13] and a "legendary investor" by Kiplinger's Personal Finance magazine.[7]
Davis is currently married to his second wife, Gale.[5] His first wife, Wendy A. Adams, was the daughter of Boston Bruins Chairman Weston Adams.[4] Davis served for a time as Vice President of the Bruins, and as a result of the team's championship win in 1972, his name is engraved on the Stanley Cup.[14]
In 2012, John Rothchild published a profile of Davis, his father, and his sons, called "The Davis Dynasty: Fifty Years of Successful Investing on Wall Street".[15]
Philanthropyedit
Shelby Davis is noted as an extraordinarily generous philanthropist, especially to educational causes.[16] Among the most significant recipients of his philanthropy are the United World College movement and his own alma mater, Princeton University,[17] of which he served as trustee starting in 2006,[18] and was one of the most generous donors to the university while on the board.[19] His backing of the United World Colleges included his paying for the restoration of the Montezuma Castle on the U.S. campus.[20][21] He has further supported these schools through the Davis United World College Scholars Program, the Davis-UWC IMPACT Challenge and the Davis-UWC Dare to Dream Program,[22] Though the Davis United World College Scholars Program, Davis has provided scholarships for over 10,000 students at colleges and universities around the world.[23][24][25][26][27][28][29][30][31][8][32]
Davis and his wife also support environmental and regional charities, including in Maine, Wyoming, Florida, and Utah.[6]
Davis explained his philanthropic efforts by saying "I believe education creates possibilities. It’s always about young people and their futures, and we all realize that with education, young people have more possibilities than without it. I am investing in UWC students, in particular, because I believe they are getting a special brand of education at UWC schools. They tell me this, over and over in their letters and when I meet them. Their teachers and professors tell me this, too."[33]
^Jason Zweig (December 1, 1995). "Meet America's Most Reliable Fund Manager His Name Is Shelby Davis, and He's Not Flashy. For Consistency, Though, He Beats Them All". Money magazine. Retrieved May 22, 2012.
^"Kathryn W. Davis; used millions to help Wellesley College, others - The Boston Globe". BostonGlobe.com.
^ ab"Wendy A. Adams, A Vassar Senior, Is Future Bride; Betrothed to Shelby M. Cullom Davis, Who Is a Princeton Graduate". The New York Times. January 4, 1959.
^Leckey, Andrew (1997-01-01). The Morningstar approach to investing: wiring into the mutual fund revolution. Hachette Book Group. p. 83. ISBN978-0-446-52013-3. Retrieved 10 April 2011.
^"DAVIS SELECTED ADVISERS- Ratings & Rankings by Symmetric".
^"All in the Davis Family: Still Picking Winners" Virginia Munger Kahn. New York Times, Late Edition (East Coast); New York, N.Y. [New York, N.Y]. 08 Feb 1998: 8
Rothchild, John (2003). The Davis Dynasty: Fifty Years of Successful Investing on Wall Street. John Wiley & Sons. ISBN978-0-471-47441-8.
October 29, 2023
shelby, davis, shelby, cullom, davis, shelby, davis, this, article, uses, bare, urls, which, uninformative, vulnerable, link, please, consider, converting, them, full, citations, ensure, article, remains, verifiable, maintains, consistent, citation, style, sev. For Shelby Cullom Davis s son see Shelby Davis This article uses bare URLs which are uninformative and vulnerable to link rot Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style Several templates and tools are available to assist in formatting such as reFill documentation and Citation bot documentation August 2022 Learn how and when to remove this template message Shelby Moore Cullom Davis born 1937 1 is an American philanthropist and retired investor and money manager Shelby Moore Cullom DavisPersonal detailsBornU S SpouseGale DavisOccupationBusinessman investor philanthropistDavis is the son of money manager Shelby Cullom Davis 2 and Kathryn Wasserman Davis 3 He is a graduate of Princeton University 4 and began his career at The Bank of New York 5 where he became the bank s youngest vice president since Alexander Hamilton 6 7 Davis left BNY in 1968 to found an investment management firm that eventually became Davis Selected Advisers 8 9 which as of 2021 manages about 37 billion in several funds 10 All the Davis funds invest in public equities and have been described as value stock funds Shelby Davis s reputation with such stocks was such that he was called a legendary fund manager by the New York Times 11 a legend by Money magazine 12 legendary by Financial Advisor magazine 13 and a legendary investor by Kiplinger s Personal Finance magazine 7 Davis is currently married to his second wife Gale 5 His first wife Wendy A Adams was the daughter of Boston Bruins Chairman Weston Adams 4 Davis served for a time as Vice President of the Bruins and as a result of the team s championship win in 1972 his name is engraved on the Stanley Cup 14 In 2012 John Rothchild published a profile of Davis his father and his sons called The Davis Dynasty Fifty Years of Successful Investing on Wall Street 15 Philanthropy editShelby Davis is noted as an extraordinarily generous philanthropist especially to educational causes 16 Among the most significant recipients of his philanthropy are the United World College movement and his own alma mater Princeton University 17 of which he served as trustee starting in 2006 18 and was one of the most generous donors to the university while on the board 19 His backing of the United World Colleges included his paying for the restoration of the Montezuma Castle on the U S campus 20 21 He has further supported these schools through the Davis United World College Scholars Program the Davis UWC IMPACT Challenge and the Davis UWC Dare to Dream Program 22 Though the Davis United World College Scholars Program Davis has provided scholarships for over 10 000 students at colleges and universities around the world 23 24 25 26 27 28 29 30 31 8 32 Davis and his wife also support environmental and regional charities including in Maine Wyoming Florida and Utah 6 Davis explained his philanthropic efforts by saying I believe education creates possibilities It s always about young people and their futures and we all realize that with education young people have more possibilities than without it I am investing in UWC students in particular because I believe they are getting a special brand of education at UWC schools They tell me this over and over in their letters and when I meet them Their teachers and professors tell me this too 33 References edit Rothchild 2003 p 50 Jason Zweig December 1 1995 Meet America s Most Reliable Fund Manager His Name Is Shelby Davis and He s Not Flashy For Consistency Though He Beats Them All Money magazine Retrieved May 22 2012 Kathryn W Davis used millions to help Wellesley College others The Boston Globe BostonGlobe com a b Wendy A Adams A Vassar Senior Is Future Bride Betrothed to Shelby M Cullom Davis Who Is a Princeton Graduate The New York Times January 4 1959 a b Shelby Davis www skidmore edu Retrieved 2021 11 12 a b Shelby Davis Wall Street Donors Guide 31 December 2019 a b Like Father Like Sons June 1999 Robert Frick Kiplinger s Personal Finance Magazine p 80 a b Philanthropy Archives 14 June 2023 Leckey Andrew 1997 01 01 The Morningstar approach to investing wiring into the mutual fund revolution Hachette Book Group p 83 ISBN 978 0 446 52013 3 Retrieved 10 April 2011 DAVIS SELECTED ADVISERS Ratings amp Rankings by Symmetric All in the Davis Family Still Picking Winners Virginia Munger Kahn New York Times Late Edition East Coast New York N Y New York N Y 08 Feb 1998 8 What Becomes a Legend Most Woolley Suzanne Money Jul2000 Vol 29 Issue 7 p44 Chris And Shelby Davis Trade Places April 2001 Alan Lavine https www fa mag com news article 319 html issue 7 T Rothchild John 22 May 2012 The Davis Dynasty Fifty Years of Successful Investing on Wall Street Wiley ISBN 978 1118441824 Gifts of 100 Million or More to Higher Education in 2018 Tony s Thoughts 22 February 2019 Davis gift establishes endowment for International Center 4 9 2007 PWB Princeton Eight named to Board of Trustees Power and Money at Princeton Montezuma castle other Las Vegas buildings now open for tours Albuquerque Journal 100M pledge to benefit United World College Albuquerque Journal Shelby and Gale Davis Visit at UWC Robert Bosch College Leading educational philanthropist shares his message with Wartburg s Davis Scholars 12 August 2020 UWC Scholars Program The College of Idaho s Record Setting Class Wins Davis Cup the College of Idaho Davis United World College Scholars Program DUWCSP Davis United World College Scholars Program Marks 15 Years 18 April 2015 Making the World a Better Place Davis United World College Scholars at UF 22 January 2017 Program report for 2018 specifying that as of that date they had provided scholarships to 9428 students https www davisuwcscholars org program annual reports Major Private Gifts to Higher Education 7 November 2022 Shelby Davis How UWC Has Made Me a Better Me 25 February 2020 Princeton News Multi year multi million dollar commitment will fund Davis UWC Scholarships promote global understanding https www uwc org news pid 22 amp nid 7 amp storyid 2250Works cited editRothchild John 2003 The Davis Dynasty Fifty Years of Successful Investing on Wall Street John Wiley amp Sons ISBN 978 0 471 47441 8 Retrieved from https en wikipedia org w index php title Shelby M C Davis amp oldid 1172371462, wikipedia, wiki, book, books, library,
