Davidson Companies











Corporate Headquarters
Davidson Building
8 Third Street North
Great Falls, MT 59401

San Francisco Branch
220 Montgomery, Suite 1920
San Francisco, CA 94104

Seattle Branch
Columbia Center
701 5th Avenue, Suite 3100
Seattle, WA 98104

Investment Philosophy INVESTMENT PHILOSOPHY

At Davidson Investment Advisors, your money is INVESTED IN COMPANIES — not stocks. We research and select companies that best match our investment philosophy, and we invest money in them. In essence, WE BUY THE BEST COMPANIES FOR YOU. These companies have solid competitive positions, quality management and catalysts to DRIVE THE BUSINESS over the next three years.

Investing in these companies is not going to make you a million dollars overnight. That is not Davidson Investment Advisors' approach. TRACK SHOES AREN'T FOR EVERYONE.

While this approach may never have you "high-fiving" your associates at the close of the market day, you also won't find yourself lying awake at night wondering if you'll ever recover from the day's loss.