16 High-Quality Companies With Exceptional Leadership
These wide-moat firms all earn Exemplary stewardship ratings and trade in 4- and 5-star range.
Presidential historian Doris Kearns Goodwin spoke at the 2019 Morningstar Investment Conference a couple of months ago. Her topic--which is also the focus of her latest book--was leadership in turbulent times. Specifically, the Pulitzer Prize winner examined leadership as it related to four U.S. presidents: Abraham Lincoln, Theodore Roosevelt, Franklin D. Roosevelt, and Lyndon B. Johnson.
These legends took different paths to reach the pinnacle of political leadership, says Goodwin. Further, their unique approaches fit the historical moment during which they led, just as a key fits a lock. She writes: "While there is neither a master key to leadership nor a common lock of historical circumstance, we can detect a certain family resemblance of leadership traits as we trace the alignment of leadership capacity within its historical context."
Susan Dziubinski does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.