Good discussion about the issues.
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Two seasoned investment pros argue the case for and against actively managed funds versus passive index funds. In a surprising twist, Vanguard principal Daniel Wallick presents the active management case while award-winning financial advisor Gregg Fisher defends the passive approach.
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[ame=http://www.youtube.com/watch?v=JwKN1YL811k&feature=share&list=UUW9B1PJwen nxYi5Fk_94Lew]Daniel Wallick & Gregg Fisher - YouTube[/ame]