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Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates.

The Most Recent All-Star Fund Managers' Picks

By admin - Posted on December 10th, 2007
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Mutual funds are required to disclose their holdings each quarter, and many fund managers take the time to write their thoughts about their funds and the market in general. Morningstar loves to read these informative pieces--not only for the general market themes, but also for tidbits on where these professionals are investing their dollars. Although the topics of the letters can sometimes go out-of-date quickly, the lessons they teach are usually timeless and can be applied in all sorts of market settings.

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