Wednesday, December 19, 2007

Long Term Investor Reminder

I recently had a chance to read an interview that Charles Kirk of The Kirk Report conducted with Dick Davis. Mr. Davis recently finished a book, The Dick Davis Dividend, after three plus years in the making. One of the pages Mr. Davis features on his website is a reminder page for long term investors. Given the volatile nature of the markets ecently, I thought readers might find the reminder page of interest:

(click on graphic for link to Reminder Page)

Source: The Dick Davis Dividend

Following is a brief biography of Mr. Davis:
Dick Davis is one of the most widely known and highly respected market commentators of his time. He founded the "Dick Davis Digest" in 1982, one of the nation's most successful investment newsletters, with subscribers in 50 states and 50 foreign countries.(He no longer has an affiliation.) Based in South Florida, Davis was the nation's only non-salesman employee of a member of the New York Stock Exchange Merrill Lynch, Walston, Drexel Burnham), to work full-time as a broadcaster.

He pioneered in-depth stock market reporting on radio and television in the mid-'60s to the mid-'80s. On radio, he broadcast as often as 5 times a day for 20 years. On television, he broadcast twice a day for 20 years. His was television's first daily in-depth market report. It won the Janus award for the nation's best business reporting, and it laid the groundwork for the popular PBS "Nightly Business Report," launched from the same TV station in Miami in the late '70s. Davis also wrote a three times a week stock market column for the "Miami Herald," which was syndicated by Knight Ridder to some 100 newspapers for over 10 years.

Born in 1928 and raised in Yonkers, New York, Davis attended Horace Mann School for Boys, Hobart College, Syracuse University and University of Miami with majors in English literature and accounting. He served in the Army Counter Intelligence Corps in Japan during the Korean war. His Investment career started in 1958 in the Miami Beach office of Merrill Lynch. He first went on the air for Merrill in 1965, and he broadcast uninterruptedly for the next 20 years. He resides in Boca Raton, Florida where he looks forward to visits from his six perfect grandchildren.

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