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David Giroux: What Are the Market Inefficiencies we Can Exploit?

“Creativity in a Low-Yield Era,” by David Giroux and Mark Vaselkiv, troweprice.com, Jan, 21, 2020. Jeff Ptak: Hi, and welcome to The Long View. I m Jeff Ptak, chief ratings officer for Morningstar Research Services. Christine Benz: And I m Christine Benz, director of personal finance for Morningstar. Ptak: Our guest today is David Giroux. David is chief investment officer of U.S. Equity and Multi-Asset at T. Rowe Price and co-chair of the Equity Research Advisory Committee. He also is the longtime lead manager of the T. Rowe Price Capital Appreciation Fund, a strategy that invests in a mix of stocks and bonds. Since taking that fund s helm in June 2006, David has racked up an impressive track record, handily beating the fund s benchmark and peers. In recognition of those achievements, Morningstar analysts named David Fund Manager of the Year twice, in 2012 and 2017. David began his career at T. Rowe in 1998 after graduating from Hillsdale College, from which he received his ba

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