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The Legg Mason Capital Management Value Trust's after-fee return beat the S&P 500 index for 15 consecutive years from 1991 through 2005 (consistently producing market beating returns is considered to be very unlikely according to the efficient market hypothesis).
Hopefully this is the right place for it, I have a friend who is looking to subscribe to some shares and managed fund investment research.
He's considering Morningstar, Lonsec and few others. Does anyone here have any feedback / recommendations on which is better and why?
Thanks!
Hi neK. I work in the financial services industry and am very familiar with the Morningstar/Lonsec type reports. Tell your friend not to waste his money.
So is neK...
Personally, I find reading Annual Reports, Company Announcements and financial news much better.
Well, he did ask for peoples' views. I simply gave mine.
Personally, I find reading Annual Reports, Company Announcements and financial news much better.
Hopefully this is the right place for it, I have a friend who is looking to subscribe to some shares and managed fund investment research.
He's considering Morningstar, Lonsec and few others. Does anyone here have any feedback / recommendations on which is better and why?
Thanks!