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Are Morningstar's Ratings A Good Guide To Mutual Funds?

TedTed
in The Bullpen
FYI: (This is another follow-up on the WSJ vs. M* debate.) (Click On Article Title At Top Of Google Search)
"I enquire now as to the genesis of a philologist and assert the following," Friedrich Nietzsche wrote (and Donna Tartt quoted). "1. A young man cannot possibly know what Greeks and Romans are. 2. He does not know whether he is suited for finding out about them." I assert some similar rules about investing:
Regards,
Ted
https://www.google.com/search?source=hp&ei=ESfyWYGPLuPXjwTy_bfIBA&q=Are+Morningstar's+ratings+a+good+guide+to+mutual+funds?&oq=Are+Morningstar's+ratings+a+good+guide+to+mutual+funds?&gs_l=psy-ab.3..35i39k1.4061.4061.0.6347.3.2.0.0.0.0.112.112.0j1.2.0....0...1.2.64.psy-ab..1.2.237.6...126.lkNLuGW8ASk
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