Joe Mansueto Quotes

I was a slightly geeky kid.

I want a desirable place to work to attract and keep them here. So you try to create an environment for people to do their best work, and be generous on the benefit side.

I'm not an overly material person. Sure, I like certain comforts in life. But buying a lot of 'things' doesn't produce happiness for me.

I'm trying to set a good example. I don't need to take a high salary, which would impede the success of Morningstar.

As I get older, I increasingly value free time that's completely free of appointments. Time to think, time to reflect, time to just hang out with my wife and kids.

I spent the bulk of my career on building my company, and Morningstar is where the passion is.

I found an approach to investing that made enormous sense to me: rigorously analyzing a company's fundamentals, understanding exactly how it makes money, developing a view on the business's future prospects, and deciding if it's a good business.

Publishing had been successful where there had been natural geographic monopolies.

Every August, I go away for four weeks to a place in Michigan. I work in the mornings, spend the month in shorts and flip-flops. It gives me time to think like an investor and come back in September for some heavy planning.

No one can tell you what to do or push you around. It gives you a secure feeling. That's the best thing about money.

I thought a company that provides mutual-fund information could be a great business, because you could construct an effective moat by building large financial databases and customer lists and a strong brand name.