FYI: Charles Shriver earned his college degree in economics and rhetoric, otherwise known as the art of persuasive speaking. You win by “lining up your facts,” says Shriver, who runs about $40 billion across several portfolios at T. Rowe Price .
The facts line up well in Shriver’s case. Both the $4 billion T. Rowe Price Balanced fund (ticker: RPBAX) and the $2 billion T. Rowe Price Personal Strategy Growth fund (TRSGX) beat their respective Morningstar-assigned benchmarks and at least 85% of peer funds over the past three years through January. The more conservative Balanced fund returned 9.4% annually in that span, while the more aggressive Personal Strategy Growth returned 11.4% a year.
Regards,
Ted
https://www.barrons.com/articles/reits-amazon-com-and-other-pockets-of-growth-51550880847?mod=hp_DAY_5
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