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Dickson: Active or Passive, the Key Is Costs

Investors can succeed with active, passive, or a mix of both kinds of funds--so long as they mind the fees, says Vanguard's Joel Dickson.

Jason Stipp: I'm Jason Stipp for Morningstar. As the active and passive debate continues abated, investors may wonder just which camp they should fall into. I am here with Joel Dickson of Vanguard to offer some insights on active versus passive investing from Vanguard's point of view.

Joel, thanks for joining me.