Morningstar MORN has outperformed the market over the past 15 years by 30.85% on an annualized basis.
Buying $1,000.00 In MORN: 15 years ago, an investor could have purchased 456.41 shares of Morningstar at the time with $1,000.00. This investment in MORN would have produced an average annual return of 39.19%. Currently, Morningstar has a market capitalization of $13.51 billion.
Morningstar's Share Price Over Last 15 Years
If you had invested $1,000.00 in Morningstar you would have approximately $164,798.33 today.
In other words, you would have more than 10X'd your money.
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
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