Morningstar's Biggest Error: The Perils of Youth [View article]
I'm definitely not renewing my membership with them. Their advice has been worse than useless over the past year with their built-in bullish bias. A lesson I've learned in the past year is that first and foremost you have to get your sector allocation right, and stockpicking becomes a distraction. Better to get the general themes right and use ETFs.
Frankly, I don't think that they're able to attract the cream of the crop of financial talent either. THe way they kept giving 5-star ratings to doomed stocks like AIG makes you wonder about the caliber of the analysts.
Morningstar's Biggest Error: The Perils of Youth [View article]
Frankly, I don't think that they're able to attract the cream of the crop of financial talent either. THe way they kept giving 5-star ratings to doomed stocks like AIG makes you wonder about the caliber of the analysts.