Morningstar Advisor - December 2010/January 2011 - (Page 8)

Contributors David Krempa David Krempa got some good news this fall. After two years working as a research analyst while he earned a finance degree at DePaul University, he got a full-time job at Morningstar as equity analyst. Krempa, who creates our very useful stock screens (“Stuff Your Stocking With Out-of-Favor Bargains,” Page 68), first came to the company as an intern in June 2008. “I wanted to work for Morningstar because I was impressed with how it looks at stocks—as a real investor in the business,” he says. “The focus is on economic moats and future earnings potential, rather than just the current quarter’s results.” Although he finished up college, Krempa’s looking forward to continuing his education. “One of my favorite things about researching stocks is that it allows me to learn new industries and business models that I otherwise may not have known about.” Executive Editor Jerry Kerns Managing Editor Ryun Patterson Editor-at-Large Don Phillips Contributing Editors Dan Culloton, Paul Justice, Haywood Kelly Contributors Abraham Bailin, Christine Benz, Michael Breen, Josh Charlson, Karin Dolan, Timothy Galbraith, Philip Guziec, Sonya Hubbard, Thomas Idzorek, David Krempa, Jim Licato, Jeffrey Ptak, Michael Rawson, Carl Richards, Alina Tarlea, James X. Xiong Data Editors Preethi Parmar, Alina Tarlea Proofreader Jennifer Gierat Art Director Teofila Arellano Associate Art Director Alexander Skoirchet Production Designer Summer Bornman Illustrator André da Loba Photographer Yuri (George) Vaysgant Publisher Jill Jacobs-Baar Marketing Director Leslie Banks Circulation Manager Dawn Rescigno Media Services Engineer Brian Schuneman Director of Advertising Sales Mary Uribe Regional Sales Directors Dan Atkinson, Tony Lignelli, Kristina Niemi, Stuart Roge Morningstar, Inc. Chairman and CEO Joe Mansueto President, Equity Research Group Catherine Odelbo Vice President, Financial Communications Business Mike Barad André da Loba Illustrating this issue was an unusual assignment for André da Loba. “I’m Portuguese, and these retirement topics are specific to America,” he says. He decided to use American folk designs as a starting point. “I thought it would be a surprising angle and allow me to bring some poetry to the subject of retirement,” he says. “After studying quilts, pottery, and old watercolors, and absorbing the simple and efficient ways craftspeople depict daily life, I began to illustrate, and these images began to take form.” Managing Director, Design David Williams How to Reach Morningstar Advisor Subscriber Services and Circulation Editorial and Letters to the Editor Advertising Rate card available at Reprints and Licensing How to Reach Morningstar Customer Service +1 312 384-4000 Advisor Product Sales +1 877 586-5405 Data Questions +1 312 696-6600 Morningstar Advisor is published bimonthly by Morningstar, Inc., 22 W. Washington St., Chicago, IL 60602. An annual subscription for delivery in the U.S. is $60. All exhibit data in this magazine is provided by Morningstar and Ibbotson Associates unless otherwise noted. © 2010 Morningstar. All Rights Reserved. The information contained herein: (1) is intended solely for informational purposes; (2) is proprietary to Morningstar and/or its content providers; (3) may not be copied or distributed; (4) is not warranted to be accurate, complete, or timely; and (5) does not constitute investment advice of any kind. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. “Morningstar” and the Morningstar logo are registered marks of Morningstar, Inc. Disclosure: Morningstar licenses its indexes to certain providers, including Blackrock Institutional Trust Company, N.A., First Trust, and Deutsche Bank, for use in exchange-traded funds and exchange-traded notes. These ETFs and ETNs are not sponsored, endorsed, issued, or sold by Morningstar. Morningstar does not make any representation regarding the advisability of investing in ETFs and ETNs that are based on Morningstar indexes. 8 Morningstar Advisor December/January 2011

Table of Contents for the Digital Edition of Morningstar Advisor - December 2010/January 2011

Morningstar Advisor - December 2010/january 2011
New on
Letter From the Editor
What Strategies Do You Use to Help Retirees Hedge Against Longevity Risk?
Investment Briefs
Four Picks for the Present
Scaring the Swiss
Tech Is the Apple of Managers’ Eyes
How to Read an Sec Filing
A Strategy That Loves Performance Chasers
Things Fall Apart, Even in Industrials
A Future in Questions, Not Answers
Research Over Chocolates
Creating Portfolios That Confront Retirement’s Risks
Building in-Retirement Portfolios to Last
On the Lookout for Guaranteed Income Streams
What Fires Up Mairs & Power
All Aboard!
Aiming at Alternatives
Stuff Your Stocking with Out-of-Favor Bargains
Stable, High Yields (No Bonds Included)
Mutural Fund Analyst Picks
50 Most Popular ETFs
Undervalued Stocks with Wide Moats
Twelve Bee, Huh?

Morningstar Advisor - December 2010/January 2011