Financial Acumen

Morningstar's Biggest Error: The Perils of Youth

Marc,

Thanks for the fascinating read. I think anyone in this business should rely on their own analysis for the bulk of their decision-making, and have the analysts such as Morningstar corroborate at most. Sometimes, they may spot a gap in logic that you may have overlooked...but in no way would I ever make more than a minuscule side-bet solely based on what any analyst said, even Buffett.