David Giroux

David Giroux, CIO at T. Rowe Price, has outperformed his peers for 17 years. He discusses his unique approach to finding GARP (growth at a reasonable price) stocks and why many investors overlook high-quality options. Giroux emphasizes the importance of long-term thinking and his methods for navigating market cycles. He explores the impact of AI on portfolios and challenges conventional views on financials, utilities, and macro forecasts. Listeners also gain insights into the qualities of exceptional CEOs and the benefits of maintaining investment strategies during market dips.

David Giroux, a distinguished portfolio manager at T. Rowe Price, shares his wealth of knowledge on navigating stock predictions amidst volatility. He discusses the unique challenges of active management in a passive-dominated landscape, emphasizing disciplined research for long-term growth. Giroux weighs in on current market dynamics, exploring value accumulation and the influence of AI on industry sectors. The conversation also dives into investment strategies, the complexity of bond returns, and emerging stock opportunities, particularly in the healthcare sector.

David Giroux, an acclaimed portfolio manager at T. Rowe Price, dives into the evolution of investing over the past 25 years. He discusses the shift from traditional strategies to short-term trading, showcasing the opportunities for long-term investors. Giroux also shares his insights on the impact of AI on investment strategies and emphasizes the importance of management quality. Additionally, he highlights Rivety's potential in the tech sector and discusses how Kahneman's 'Thinking, Fast and Slow' influences decision-making in investing.