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  1. Giroux: Long-Term Focus, Concentration, Contrarianism Pay

    We're always willing to go where we see long-term value, but the market may not, says T. Rowe Price Capital Appreciation manager David Giroux.

  2. Investors Grow Cautious on Stocks

    May was the worst month in over a year for flows to U.S. equities, while many core bond funds are receiving inflows as rising-rate concerns abate.

  3. Giroux: Very Few Attractive Names in the Stock Market Today

    The T. Rowe Price Capital Appreciation manager says bargains are hard to come by today but does see some value in the highest-quality high-yield bonds.

  4. Future Return Potential for Bonds Lacking

    After heavy flows into fixed income in 2012, investors likely won't see strong capital appreciation in bonds in 2013, says Morningstar's Mike Rawson.

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