SLASX – Fund Analysis – Selected American Shares S | Morningstar

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Will SLASX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SLASX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the SLASX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of SLASX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Its risks aren’t always well compensated.

Associate Director Tony Thomas

Tony Thomas

Associate Director

Summary

The risks of Davis NY Venture and Selected American Shares' underlying strategy offset its attractions. Changes to how Morningstar assesses the excess return opportunity for funds have hurt Davis NY Venture’s pricier C shares, even though its pillar ratings and costs didn't change much.

by Tony Thomas

Rated on Apr 27, 2026 Published on Apr 27, 2026

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