How to pronounce “morningstar” in English

Morningstar put out a study of their star system.

Morningstar-- they do a lot of great work with estimating companies intrinsic value.

Morningstar replicates this study for funds, right?

Morningstar found that while Heebner did extraordinarily well, his investors did not.

Morningstar is a firm out of Chicago that rates mutual funds.

What about Morningstar ratings?

Don has also been nominated by Morningstar as Fund Manager of the Decade in 2009 and finalist for Morningstar's Domestic-Stock

And then I'd gotten the Morningstar Manager of the Year award and stuff.

We introduced the moat ratings at Morningstar in about '01.

There was a great study that Morningstar did where they looked at the returns of CGM focus funds Ken Heebner, who Peter Lynch called one of the greatest

So do-it-yourself-- I wrote a piece for Morningstar called "Adding Your Two Cents May Cost You a Lot."

So this is a good lesson I learned at Morningstar when we looked at Western Union.

And I have a section in the book on a wonderful company called Morningstar Tomatoes, which is the biggest tomato processing company in the world, based in northern California,

I used to run Morningstar's Equity Research Group, currently have my own investment firm called Dorsey Asset Management, which is

Bill has received many accolades during his investment career, including being named Morningstar's Domestic Stock Manager of the Year for 2001.

We actually-- we had just been rated the number-one fund, had gotten five stars from Morningstar

And the framework we use is in large part based on the work I did at Morningstar and the concept of economic moats and reinvesting capital

So what I want to do next is talk about the four kinds of moats that I identified when we were at Morningstar and that I still think make sense today.

You think of most mutual fund companies, and it's almost like they're trying to fill the Morningstar style boxes.