JOHN REKENTHALER
John Rekenthaler has spent decades at Morningstar studying the financial industry from the inside, and writing about it with the kind of clarity and intellectual honesty that has become increasingly rare.
He follows the evidence — wherever it leads — without favor, without flattery, and without the kind of hedging that so often passes for analysis in financial media. If the data says something uncomfortable, John says it. If conventional wisdom is wrong, he says that too.
"Most of what passes for investment wisdom is either wrong, or right for the wrong reasons."
What makes John's work stand out is his willingness to challenge received wisdom. He has written critically about actively managed funds, skeptically about market predictions, and thoughtfully about the limits of what any investor can know in advance. He is not in the business of making anyone feel good about bad decisions.
I have followed John's writing for years. He approaches every topic the way I believe all financial analysis should be approached: with rigor, humility, and a genuine commitment to the truth. Those qualities are rare, and I trust them.
— Paul Merriman