The market has been on a decade-long bull run, the proverbial environment for a blind monkey throwing darts to build a good portfolio. And yet, according to recent research, a high number of clients working with financial planners might prefer a blind monkey to the adviser they have. It’s a shocking indictment …
You missed out on hearing the smart people talking the latest in money-management at the Morningstar Investment Conference in Chicago last week, but you’re no worse off for staying away from the cutting edge in investment ideas. That conclusion was unavoidable as I attended Morningstar’s three-day fund-fest in Chicago last week for the …
The only question left for manager David Winters when it was announced recently that he will close his Wintergreen Fund was “What took you so long?” The fund is dead last in its Morningstar Inc. asset category over the last three and five years, but also the last three months. It is within …
