“Too often, investors focus only on what’s gone wrong for a company—our job is to ask what could go right that the market isn’t pricing in.”

Tune in as David Powers, Lead Portfolio Manager of the Wasatch Global Value strategy, joins Alex Shahidi on the Insightful Investor podcast. As part of the show, Dave explains how he combines bottom-up stock picking with top-down cycle awareness. He also shares why staying “style pure” has been key to delivering excess returns through market cycles. Dave even sheds light on his personal background, and how baseball and pitching taught him to think like a contrarian.

DISCLOSURE:

David Powers is the Lead Portfolio Manager for the Wasatch Global Value strategy. This recording reflects the views of David Powers and Alex Shahidi of The Insightful Investor podcast and Evoke Advisors LLC, as of May 5, 2024. It is provided for informational purposes only and should not be considered investment advice. Any discussion of market or economic trends, or factors influencing historical or future performance, represents the opinions of management as of the date of the interview and should not be relied upon for any other purpose.

References to individual companies should not be construed as recommendations to buy or sell shares in those companies. Wasatch analysts closely monitor the companies held in a strategy. If a company’s underlying fundamentals or valuation measures change, Wasatch will reevaluate its position and may sell part or all of its holdings. As of 12/31/2024, Wasatch strategies held as a percentage of outstanding shares: 0.002% in AT&T. Current and future holdings are subject to change and risk. Past performance does not guarantee future results.

Where performance results of a subset of investments in the portfolio are presented, Wasatch Global Investors will provide promptly, upon request, the results of the total portfolio from which the performance was derived.

Past performance does not guarantee future results, and any market forecasts discussed may not be realized.