FYI: Morningstar celebrates its 35th anniversary today. In 1984, Morningstar founder Joe Mansueto began a quest to bring some much-needed transparency to the nascent mutual fund industry. He published quarterly "sourcebooks" that gave investors access to data and information that had been heretofore out of reach. Eventually, Morningstar launched its ubiquitous "star rating" for mutual funds, providing a visual representation of risk-adjusted historical return.
Regards,
Ted
https://www.morningstar.com/articles/929505/35-great-investments.html
