Discussed by:
Paul Larson
Editor, Morningstar StockInvestor, Morningstar Inc.

As editor of Morningstar’s flagship stocks newsletter, Morningstar StockInvestor, Paul Larson manages two real-money portfolios. The Tortoise Portfolio holds relatively large and slow-growing companies such as Berkshire Hathaway (BRK.B) and Johnson & Johnson (JNJ), while the Hare Portfolio owns racier fare such as Intuitive Surgical (ISRG) and MasterCard (MA). Since the portfolios’ inceptions in June 2001, the S&P 500 has lost 3.4% of its value, but the Tortoise and Hare have risen 49.9% on a combined basis. The Tortoise has outperformed 99.5% of large-blend mutual funds since inception, while the Hare has outperformed 97.7% of large growth mutual funds. In this presentation, Larson will share what his current favorite opportunities are from within the Tortoise and Hare, as well as what he has on the radar for possible future purchases.

Attend This Meeting and Learn...
	How a value-based investing approach can deliver market-beating results over time
	Where to find the strongest opportunities in today’s stock market
	What to look for when selecting stocks for your portfolio

MEETING DETAILS

Date: Saturday, November 21, 2009 Time: 9:30 a.m.    Registration/Refreshments (coffee & rolls) 10:00–11:00 a.m.    Program 11:00–11:30 a.m.    Q&A Location: University Club of Chicago 76 E. Monroe St. Chicago, IL 312/922-9740 [ Map This Location ]