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February 3, 2021
The Morningstar Star Rating for Stocks is assigned based on an analysts estimate of a stocks fair value. It is projection/opinion and not a statement of fact. Morningstar assigns star ratings based on an analystâs estimate of a stocks fair value. Four components drive the Star Rating: (1) our assessment of the firmâs economic moat, (2) our estimate of the stockâs fair value, (3) our uncertainty around that fair value estimate and (4) the current market price. This process culmina...
July 10, 2015
At the peak it was 12% of the total market float. >> that was the boom and when it comes to handling the bust, the parallels continue. on october 24th 1929. otherwise known as black thursday a dproup of top american bankers met in this building 23 wall street. then the headquarters of jpmorgan. they agreed to pull their resources to prop up stock prices. now almost nine decades later, 21 chinese brokerage firms are doing almost exactly the same thing. in chinas case the government enlisted its...