What does one learn after a quarter century in the investment business? According to an accomplished trio speaking at this week’s Morningstar Conference in Chicago, you understand that things aren’t always as bad as they seem – but you need to maintain high standards to keep afloat in a turbulent business.

Don Phillips, president of fund research with Morningstar, welcomed three seasoned but successful figures – Susan M. Byrne, founder of Westwood Management Corp., Will Danoff, portfolio manager for Fidelity Asset Management, and Brian Rogers, chairman and CIO of the T. Rowe Price Group – all of whom had some interesting perspectives on maintaining a forward-looking strategy over the years.

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