David Powers, Senior Portfolio Manager at Wasatch Global Investors, shares his insights on investment management, emphasizing the collaborative culture at Wasatch. He draws intriguing parallels between pitching in college and strategic investing, highlighting adaptability and continuous learning. Powers explores market inefficiencies, revealing how emotions affect stock prices, and discusses the nuances of market cycles through a five-phase model. He also delves into U.S. exceptionalism and its implications in global markets, advocating for cautious investment strategies amidst changing economic conditions.
