Russel Kinnel: 'Fear and Greed Are the Enemy of Good Investing'

<p>Our guest today is Russ Kinnel‏. Russ is director of manager research for Morningstar Research Services and the longtime editor of the<em> Morningstar FundInvestor</em> newsletter. As part of his duties, Russ chairs the North America ratings committee that oversees and approves the Morningstar Analyst Ratings that Morningstar's manager research analysts assign to the funds they cover. A mainstay of our research efforts for years, Russ has authored a number of well-known and widely cited studies, including the annual “Mind the Gap” study of investor returns, and is frequently quoted in the financial media. Russ is a graduate of the University of Wisconsin-Madison, where he received his bachelor's degree in economics.</p><p></p></p><p><p><strong>Background</strong></p></p><p><p><a href="https://www.linkedin.com/in/russel-kinnel-70531034/" target="_blank">Bio</a></p></p><p><p><a href="https://www.amazon.com/Russel-Kinnel/e/B002AX5F2S%3Fref=dbs_a_mng_rwt_scns_share" target="_blank">Books</a></p></p><p><p><a href="https://www.morningstar.com/authors/35/russel-kinnel" target="_blank">Author Page</a> </p></p><p><p><a href="https://mfi.morningstar.com/" target="_blank"><em>Morningstar FundInvestor</em></a> </p></p><p><p><strong>Related Articles</strong></p></p><p><p><strong></strong></p></p><p><p>“<a href="https://www.morningstar.com/esg" target="_blank">Environmental, Social, and Governance Investing</a>,” Morningstar.com.</p><p></p></p><p><p>“<a href="https://www.morningstar.com/articles/89675/what-helen-young-hayes-departure-means-to-janus" target="_blank">What Helen Young Hayes’ Departure Means to Janus</a>,” by Russ Kinnel, April 21, 2003.</p><p></p></p><p><p>“<a href="https://www.morningstar.com/articles/667116/lessons-from-the-bill-gross-saga" target="_blank">Lessons From the Bill Gross Saga</a>,” by John Rekenthaler, Morningstar.com, Oct. 1, 2014.</p><p></p></p><p><p>“<a href="https://www.morningstar.com/articles/799331/flows-bloat-headaches-for-funds" target="_blank">Flows + Bloat = Headaches for Funds</a>,”