The Five Rules for Successful Stock Investing: Morningstar’s Guide to Building Wealth and Winning in the Market is a practical guide to analyzing companies and selecting stocks based on business fundamentals rather than market hype. Pat Dorsey explains how to understand financial statements, identify companies with sustainable competitive advantages, value stocks, and assess different industries.

The book presents Morningstar’s approach to stock analysis, covering topics such as finding great businesses, recognizing financial strengths and weaknesses, understanding industry economics, and avoiding the mistake of paying too much for an investment.