Stocks Are Cheap: Contrarian Stock Buys

WEALTHTRACK
WEALTHTRACK
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Published 2022-10-07
“What do we want to own when things are cheap?” is the question driving great investor David Giroux on a daily basis.

Giroux is the Chief Investment Officer and Head of Investment Strategy for T. Rowe Price Investment Management. His reputation as a great investor has been earned as the Portfolio Manager of T. Rowe Price’s Capital Appreciation Fund, which he has run since 2006.

It’s been a rough year for the markets and Capital Appreciation, although it’s down less than the market and its category. In this weekend’s episode, Giroux will give us his view of the state of the market, its risks, and potential rewards.

00:00 Hello
00:45 Introduction
02:30 Interview with David Giroux
22:33 One Investment
24:28 Action Point

#stockmarket #stocks #stockstowatch #TRowePriceGroup #capitalappreciation #investing #investingtips #investingstrategy

WEALTHTRACK #1915 broadcast on October 7, 2022

More info: wealthtrack.com/award-winning-investor-david-girou…

Bookshelf: Capital Allocation: Principles, Strategies, and Processes for Creating Long-Term Shareholder Value
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All Comments (21)
  • @vijujoseph3438
    Excellent video, matter of fact questions, straightforward answers. Thanks.
  • @rightangletriangle3188
    Like this guy's investment concept. Will wait for few quarters until the inflation can see a light at the end of the tunnel and the Fed blinks before pilling into growth stocks. In this market, it pays to be late, and not early. In the meantime, put cash in short term treasury or CDs.
  • @jc.1191
    Interesting and pleasant discussion.
  • @jlg3315
    really exceptional. thanks to both.
  • @joannemeeks745
    I would like to read his new book. Very admirable qualifications. Although his views are apparently a bit controversial with the viewers, he knows what he is talking about. Let's face it, the market is so rough right now, and no expert is going to have a magic wand.
  • @maninderchahal2442
    All boats go down when tide is out. So be patient. Top companies can go to pe of 10 or lower
  • @shawn576
    I'm on this dude's side. I've bought a lot of Canadian stuff that is trading at the covid lows. Of course they could go lower, but lots of stuff is really cheap even though the indicies are still overpriced.
  • @darrensadana6788
    All of them will fall 30% from here in the great flush when ETFs start selling . I know a lot of people who are breakevem at S&P 3000 where this will break . Once it breaks and we get the flush 2400 is my point to get into these
  • @johnmacri7440
    Geroux is brilliant. Trowe cap best moderate risk fund ever
  • @triggtalley
    Makes me happy I’m deep into CA as my core holding…
  • @lifeisshort99
    Mkt is up by 10% since this brocasted. Meaning still 20% down from here. Waiting SP to hit 3300. NASDAC to 8000. I did bought 3 month at mkt low and sold at 4000.
  • @cjdch6604
    Jez - still listening to him and he comes up with more bad advice... 10 year treasuries are NEVER GOING BACK TO 2%. 2% was because of MASSIVE QE where FED went from 0% of USA mortgages to owning 25% of all the USA mortgages. This buying caused real rates on bonds to go negative - a situation which lasted a while but not sustainable. Expect 10 year to be 4+% even if inflation is 2% as in all its history except this QE time real returns were positive 2%.
  • @JimmyTheGreek2000
    'BUY LOW AND SELL HIGH !' is the first rules of investing ! However, people do the exact opposite, by not following this rule.