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Over the last 70 years, value stocks clocked a 13.4% average annual return, vs. 10.2% for growth stocks, according to Ibbotson Associates.

Morningstar Roundup of Berkshire Hathaway Meetings

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Dreyfus Neenan of Morningstar discusses the Berkshire Hathaway Meetings shareholder meeting in Omaha,the analyst/news briefing and Wesco Annual meeting. He tells us what Morningstar thinks were chairman Warren Buffett and vice chairman Charles Munger's most salient insights for investors.

Excellent commentary by Neenan on topics like "Berkshire's Moat", "When to Sell", "On Asset Prices, Competition, and Expectations", "A Positive Example CEOs Could Set", "Reading/Viewing Recommendations", "Reading/Viewing Recommendations" and "Berkshire Stocks to Watch"

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