Investors should avoid the temptation to buy the dips in expensive high-growth stocks because “once the fever breaks, it lasts a long time,” according to Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management.
Slimmon joined the “What Goes Up” podcast to discuss what he’s investing in these days. He also explains how the MSIF U.S. Core Portfolio fund he co-manages beat the S&P 500 with a 36% gain in 2021. Below are the condensed and lightly edited highlights of the conversation. Click here to listen to the full show and subscribe on Apple Podcasts, Spotify or wherever you listen.
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January 23, 2022 at 04:00AM
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Morgan Stanley's Slimmon Warns Against Buying Growth-Stock Dip - Bloomberg
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