Individual investors herd, and so do institutional ones. And just because we're in a bull market doesn't mean that it's about to end because of those individual investors.
Morningstar guru
John Rekenthaler makes those arguments in his latest column, countering a
Wall Street Journal article with the subhead "Individual Investors Are Returning to Stocks, Which Could Be Bad."
For the details of Rekenthaler's rebuttal to the
WSJ, read his
full column here. 
Edited by:
Neil Anderson, Managing Editor
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