I read Morningstar’s annual report the other day, and saw something interesting in there: Morningstar’s business is being hurt by the rise of passive investment approaches and the mirror-image fall of active investment approaches. That makes sense, right? After all, Morningstar helps folks be better informed about, primarily, mutual funds, […]
Now there’s something you don’t see everyday: a big public company accidentally releasing its quarterly earnings announcement before it was finalized and before the market closed, precipitating a 10% drop in the stock price and a halt of trading in its shares. Google fall down and go boom-boom-big today on […]