Description
Book SynopsisA half-century of Wall Street history as seen through the lives of its most illustrious family
This compelling new narrative from bestselling author John Rothchild tells the story of three generations of the legendary Davis family, who rank among the most successful investors in the history of the Street. With a novelist''s wit and eye for telling detail, Rothchild chronicles the financial escapades of this eccentric, pioneering clan, providing a vivid portrait of fifty years of Wall Street history along the way. Rothchild shadows the Davis family''s holdings through two lengthy bull markets, two savage and seven mild bear markets, one crash, and twenty-five corrections and, in the process, reveals the strategies behind the family''s uncanny ability to consistently beat the markets.
The Davis Dynasty begins in 1947, the year Shelby Davis quit his job as a state bureaucrat and, armed with $50,000 of his wife''s money, took the plunge into stock investing. By the time he died in
Table of ContentsIntroduction.
Chapter 1. Davis Meets His Bankroll.
Chapter 2. From the Great Depression To the Hitler Crisis.
Chapter 3. Beyond the Rear-View Mirror.
Chapter 4. A Last Hurrah for Bonds.
Chapter 5. A Crib Course in Coverage.
Chapter 6. From Bureaucrat to Investor.
Chapter 7. The Bullish 1950s.
Chapter 8. Davis Shops Abroad.
Chapter 9. Wall Street a Go-Go.
Chapter 10. Shelby Gets Funded.
Chapter 11. The Inheritance Flap.
Chapter 12. Cool Trio Runs Hot Fund.
Chapter 13. The Worst Decline Since 1929.
Chapter 14. Davis on the Rebound.
Chapter 15. Shelby Buys Banks—Davis Buys Everything.
Chapter 16. The Grandsons Get in the Game.
Chapter 17. The Family Joins Forces.
Chapter 18. Chris Inherits Venture.
Chapter 19. Investing à la Davis.
Source Notes.
Index.