It’s Not Complicated
“There are a great number of ‘technical indicators.’ There is nothing secret about any of them (that are worth using). There is nothing very complicated. You can’t get complicated anywhere in this business without being lost… each complication begets 10 others, and so on.”
(Edward C. Johnson, “Contrary Opinion in Stock Market Techinques,” in The Investor’s Anthology, 1997).
As I wrote in my first article, “Building a 10% Income Portfolio,” Morningstar offers investors a wealth of useful tools for examining a fund’s performance. Of these, the first criteria I