Kinnel's Halftime Report From the Conference
FundInvestor editor Russ Kinnel recaps the discussion on the phony active-passive debate, GMO's dire predictions and current allocations, and why emerging markets may be the best pocket of value.
Russ Kinnel: We are at the halfway point of the Morningstar Investment Conference, and here are a few of the highlights I've noticed.
We had a really good discussion on active and passive, and I was happy because it confirmed my views that what really matters is low costs, sound strategy, and good stewardship. If you've got all those ingredients, you're in good shape whether you choose active or passive.
Russel Kinnel does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.