ATLBob

Morningstar's Biggest Error: The Perils of Youth

As a subscriber to Morningstar, I thought the comments in this piece were appropriate. I have always found that good judgment comes from experience, and experience (mostly) comes from bad judgment. The challenge for us all, regardless of age, is to combine an understanding of the past with the events of the present and try to gain some clarity into what is likely to happen in the future.

If it was easy to do, we'd all be a lot wealthier and wiser.

Microsoft/Yahoo Drama and Investing in Google

Yang may be a brilliant technical mind, but I question his leadership and business management acumen. He has failed to steady a floundering YHOO and it took the offer from MS to move the stock price higher. Is this another example of why you don't let the technical developers/engineers run the shop? I'm not going to be surprised to see YHOO twisting in the wind for awhile, as upset shareholders fume. I also can't help but wonder if MS is using a bit of Sun Tzu here:

"For to win one hundred victories in one hundred battles is not the acme of skill. To subdue the enemy without fighting is the acme of skill."