Surely a hot dog from a street vendor doesn’t cost $1,000...or does it?
Chris Davis, the Chairman and Lead Portfolio manager for the Davis Funds, tells a cute story passed on by his grandfather that really impacted his views on money. If you have children, let them watch it and gauge their reaction.
It’s such a simple story, but it teaches several profound truths. Davis learned about delayed gratification, the value of money and the miracle of compounding in just one story. Schools often don’t teach these principals to its students; therefore, it is imperative that parents and grandparents do this for their children.
At SRQ Wealth, we partner with firms like Davis Funds which strive to offer low cost, high quality investments to our clients. Davis has a culture of “eating their own cooking” which aligns our clients’ goals with those of the asset manager. If you would like to learn more about SRQ Wealth’s Investment Philosophy, click here.
SRQ Wealth, Davis Funds and LPL Financial are separate entities.