Investors Going Overboard with Bonds
Investors piling into bonds are likely paying too much attention to what happened in the past and too little attention to where they are starting from today, say Morningstar's Pat Dorsey and John Rekenthaler.
Pat Dorsey: Hi. I'm Pat Dorsey, director of equity research at Morningstar.
Earlier this week, John Rekenthaler, who is joining me today, the vice president of research at Morningstar, e-mailed me an interesting little quote from an interview that Warren Buffett did on CNBC, and that's sparked kind of fascinating e-mail chain that we had. Why don't you tell me what the quote was, John?
Pat Dorsey does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.