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Q&A With David Giroux, Manager, T. Rowe Price Capital Appreciation fund: PRWCX) Text & Video
FYI: Over the past 10-plus years, Giroux’s fund has crushed the competition, returning 11.5% a year on average, beating similar funds by four percentage points each year. Capital Appreciation holds a mix of stocks and bonds—57% of assets are in about 40 stocks, another 30% is in bonds—yet he has nearly matched the total return of the S&P 500 index over 10 years, despite holding a substantial portion of the portfolio in fixed income. Barron’s met with Giroux in his Baltimore office to chat about his approach to stock-picking and his views on big market trends. Regards, Ted https://www.barrons.com/articles/t-rowe-price-fund-manager-david-giroux-stock-picks-disruption-51570818202?mod=hp_LEAD_3
M* Snapshot PRWCX: (Fund Is Closed To New Investors.)