Q: But not every fund is going to outperform its peer group or benchmark. So isn't there another side to this debate?

A: Of course there is. But investors have a tool: Morningstar (MORN), which we hold. Morningstar has write-ups of companies and mutual funds. Just as I read opinions on stocks, individual investors can read opinions about their mutual funds.

Hold - Price 32.52 on Feb. 24
by W.M. Hambrecht

MORN's 4Q08...revenue was $119.3 million ...EPS was 39 cents, both lower on a linked-quarter basis and below our and consensus expectations. Organic revenue was 3.2% below 3Q08 results, primarily due to lower revenue from assets under advisement. Given the continued decline in equity values...along with our belief that any market rebound will be long and protracted, we are lowering our '09 guidance...Our fiscal-year '09 revenue expectation: $491 million, 2.3% below FY08; E-EPS is $1.80, 4.4% lower year-over-year. Market cap: $1.6 billion.

Feel Safe About These Funds: Don Phillips, managing director at mutual fund tracker Morningstar, says mutual funds remain the safest investing vehicle despite what your latest statement may reflect. Check out his top two stock and bond fund picks.
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Morningstar (MORN) was upgraded to Outperform, Keefe, Bruyette & Woods said. Company is positioned to deliver high-teens earnings growth, even in a difficult environment. $72 price target.

growth

has had great growth so far

BUY

Supplies financial research. Continue of bull market play.

BOUGHT THIS AT 20.45

I needed a business stock.