{"product_id":"fund-spy-isbn-9781119110064","title":"Fund Spy","description":"Author Russel Kinnel walks readers through the handful of key factors they need to pick winning funds. Armed with the quantitative data and qualitative research, they will gain the confidence to pick great funds for the long-term. This book will be accompanied by a web-based tool created by Morningstar, which will enable readers to evaluate their own funds using Kinnel's criteria.  \u003cp\u003eWritten in a fun and accessible manner, The Fund Spy offers Kinnel's unique insight as a 14-year Morningstar fund analyst. He speaks plainly about the conflicts that can go against investors' interests, explaining how to avoid traps and push out the slick sales pitches facing today's investors. He also offers several \"10 lists,\" which provide quick answers to investors' most common questions (e.g., the Top 10 Funds to Recommend to Relatives, the 10 Best Contrarian Managers, the 10 Most Overrated Managers).\u003c\/p\u003e \u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eChapter 1: The Remarkable Gap Between Winners and Losers 1\u003c\/p\u003e \u003cp\u003eChapter 2: Does Your Manager Eat His Own Cooking? 9\u003c\/p\u003e \u003cp\u003eChapter 3: New Trading Cost Estimates Shed Light on a Big Mystery 17\u003c\/p\u003e \u003cp\u003eChapter 4: The Power of Expense Ratios Is Greater Than You Think 25\u003c\/p\u003e \u003cp\u003eChapter 5: How to Use Total Returns Wisely 35\u003c\/p\u003e \u003cp\u003eChapter 6: Understanding Mutual Fund Strategies and Fundamental Risk 45\u003c\/p\u003e \u003cp\u003eChapter 7: How to Find Good Managers and Avoid the Dodgy Ones 69\u003c\/p\u003e \u003cp\u003eChapter 8: The Inside Scoop on No-Load Fund Companies 77\u003c\/p\u003e \u003cp\u003eChapter 9: The Inside Scoop on Broker-Sold Fund Companies 99\u003c\/p\u003e \u003cp\u003eChapter 10: Twenty Great Funds That Passed My Test 111\u003c\/p\u003e \u003cp\u003eAppendix A: The Best of Eleven Years of Fund Spies 121\u003c\/p\u003e \u003cp\u003eAppendix B: Vital Statistics on the 20 Funds That Passed Our Test 153\u003c\/p\u003e \u003cp\u003eGlossary 157\u003c\/p\u003e \u003cp\u003eAbout the Author 169\u003c\/p\u003e \u003cp\u003eIndex 171\u003c\/p\u003e \u003cp\u003e\u003cb\u003eRussel Kinnel\u003c\/b\u003e is Director of Mutual Fund Research for Morningstar and Editor of Morningstar FundInvestor, a monthly newsletter for individual investors. He also oversees Morningstar's Fund Analyst Picks and Pans and writes the \"Fund Spy\" column for Morningstar.com. He joined the company in 1994 and holds a bachelor's degree in economics and journalism from the University of Wisconsin–Madison.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eMorningstar, Inc.\u003c\/b\u003e is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of Internet, software, and print-based products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 290,000 investment offerings, including stocks, mutual funds, and similar vehicles. The company has operations in 18 countries and minority ownership positions in companies based in three other countries.\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eFundSpy\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eMorningstar's Inside Secrets to Selecting Mutual Funds that Outperform\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003eMany people spend more time researching purchases like cars and computers than they do figuring out how they will invest their money. Although buying a car or computer may be more fun, choosing the right investments can significantly impact your life—whether it be retirement or your kids' college education.  \u003c\/p\u003e\u003cp\u003ePicking funds that will outperform their peers over the long haul may take a little time, but in the end, you'll be better off for it. That's why Russel Kinnel—Director of Mutual Fund Research for Morningstar, Inc. and Editor of \u003ci\u003eMorningstar\u003c\/i\u003e\u003csup\u003e®\u003c\/sup\u003e \u003ci\u003eFundInvestor\u003c\/i\u003e—has written \u003ci\u003eFund Spy\u003c\/i\u003e. With a straightforward and accessible style, this book offers unparalleled guidance that will sharpen your investing skills and help you find the best funds for your portfolio.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eWith this book as your guide, you'll discover:\u003c\/b\u003e  \u003c\/p\u003e\u003cul\u003e \u003cli\u003eHow knowing a fund's strategy can enable you to properly evaluate performance, adopt reasonable expectations, and build a portfolio of funds that work together\u003c\/li\u003e \u003cli\u003eWhy you want fund managers who \"eat their own cooking\"\u003c\/li\u003e \u003cli\u003eThe pros and cons of big no-load fund companies and broker-sold fund companies\u003c\/li\u003e \u003cli\u003eAnd much more\u003c\/li\u003e \u003c\/ul\u003e  \u003cp\u003eYou don't have to be a professional fund manager to succeed at this endeavor, but you do have to be prepared. \u003ci\u003eFund Spy\u003c\/i\u003e contains proven methods that will allow you to build a portfolio of dependable funds that will prosper over the long term.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989254226149,"sku":"NP9781119110064","price":24.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119110064.jpg?v=1761783393","url":"https:\/\/k12savings.com\/products\/fund-spy-isbn-9781119110064","provider":"K12savings","version":"1.0","type":"link"}