A Rare Time for Wide-Moat Stocks?
StockInvestor editor Paul Larson details recent changes to Morningstar's Wide Moat Focus Index, noting how the rally in wide-moat names could have them more fairly priced than lower-quality stocks.
Paul Larson
Paul Larson is the Chief Equities Strategist at Morningstar and editor of StockInvestor. As editor of Morningstar's StockInvestor newsletter, Paul Larson manages the publication's two real-money, market-beating model portfolios – the Tortoise and the Hare. Larson also heads Morningstar's analysis on economic moats as chairman of Morningstar's internal economic moat committee, which includes managing the constitution of the Wide Moat Focus index. He was also the lead writer and editor of Morningstar's three educational books on stock investing – How to Get Started in Stocks, How to Select Winning Stocks, and How to Refine Your Stock Strategy. Furthering his foray into investment education, Larson created the curriculum for the stocks portion of the Morningstar Investor Training service in 2010. Previously, Paul was an energy stock analyst and led Morningstar's dozen analysts who cover natural resource companies. Prior to joining Morningstar in 2002, Paul spent five years as a writer and analyst with The Motley Fool. Paul holds a bachelor's degree in bioengineering from the University of Illinois at Chicago and spent two years at UIC’s medical school before switching career tracks.
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