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The name Morningstar is taken from the last sentence in Walden, a book by Henry David Thoreau; "the sun is but a morning star". [8] [9] In July 1999, Morningstar accepted an investment of US$91 million from SoftBank in return for a 20 percent stake in the company. The two companies had formed a joint venture in Japan the previous year.
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The Morningstar Rating for Funds is a rating system for investment funds operated by Morningstar. The Star Rating, debuted in 1985, a year after Morningstar was founded. The 1- to 5-star system, "looks at a fund's risk-adjusted return based on its performance over three, five and 10 years and on its volatility. The highest rating of five stars ...
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"The fund organized as an open-end, diversified investment company whose investment objective is to approximate the performance of the Dow Jones Industrial Stock Average", thereby becoming the first index fund. [citation needed] In 1973, Burton Malkiel wrote A Random Walk Down Wall Street, which presented academic findings for the lay public ...
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Listing price on eBay: $2,300 We love a cleverly designed vintage salt and pepper shaker. This adorable Japanese-made set includes a farmer holding a basket with two chickens (the shakers).
A toolbox can also refer to a large tool storage system, or tool chest combos, that includes multiple pieces. These systems are almost always made from metal. Most tool storage systems are painted steel, but some are stainless steel and aluminum. They include a top chest that has drawers and a top lid that opens on a hinge.
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