Commentaries

Selected American Shares
Selected Investor Center View

Video Series: Christopher C. Davis discusses why we are optimistic about equities in the decade ahead and how our Portfolio is positioned.

Manager Commentary - Semi-Annual Review (Summer 2011) Download View

An interview with Selected American Shares Managers Christopher C. Davis and Kenneth Charles Feinberg.

Portfolio Review -
Winter 2012
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A quarterly discussion of the market environment, Fund performance, major positions, and investment opportunities.

Manager Commentary - Annual Review 2010 (December 2010) Download Archived manager interview (referred to in the Semi-Annual Review 2011).
Manager Commentary - Semi-Annual Review (June 2010) Download

Archived Manager interview (referred to in the Semi-Annual Review 2011).

Manager Commentary - Annual Review (December 2009) Download

Archived Manager interview (referred to in the Semi-Annual Review 2011).

Manager Commentary - Semi-Annual Review (June 2009) Download

Archived Manager interview (referred to in the Semi-Annual Review 2011).

Selected International Fund
Manager Commentary - Semi-Annual Review (June 2011) Download View

The Fund research team discusses the Portfolio, performance and how they apply the Davis Investment Discipline to uncover opportunities outside the United States.

All equity investments involve risk. No investor is guaranteed a profit. Past performance is not a guarantee of future results. Davis Distributors, LLC, is the distributor of the Selected Funds.