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ETF Specialist

Imitation

Why it might be better to imitate the pros rather than rely on original research.

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A version of this article was published in the June 2013 issue of Morningstar ETFInvestor. Download a complimentary copy here.

"I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart."--Charlie Munger

Samuel Lee does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.