Elizabeth, CFA, is global head of equity research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. In this role, she leads the global equity research team, which focuses on providing in-depth, fundamental equity research based on sustainable competitive advantages and long-term valuation analysis. Collins is a member of the Morningstar Research Services Economic Moat committee, a group of senior members of the equity research team responsible for reviewing all Economic Moat and Moat Trend ratings issued by Morningstar. She serves on the Regulatory Governance Board for Morningstar Credit Ratings, LLC. Collins is also co-author of Why Moats Matter: The Morningstar Approach to Stock Investing, published by John Wiley & Sons in 2014.