 After her marriage to Shelby Cullom Davis on January 4, 1932, the couple began a career of financial investments, concentrating on the then-rising insurance industry, first, in the United States through opportunities provided by the Great Depression and, later, in the 1940s and 1950s, through expanding national and international investments, geared toward long-term growth.In the 1950s, her husband was instrumental in creating the Davis Family of Mutual Funds.The Wasserman family's philanthropic activity extended throughout Mrs. Davis' long life, building an (often anonymous) legacy of extraordinary generosity.