“History provides crucial insight regarding market crises: they are inevitable, painful and ultimately surmountable.”
Shelby M.C. Davis,
Every Market Has Its Challenges...
...Yet Equities Have Built
Hypothetical $10,000 Investment
S&P 500® 1970-2021
Chart represents performance of S&P 500® Index from 1/1/1970 to 12/31/2021. Past performance is not a guarantee of future results.
Equities Have Built Wealth Despite Crises
“As stewards of our shareholders’ savings, it is important to share the wisdom we have acquired over more than half a century of investing.”
Portfolio Manager and Chairman