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Answering ETF Concerns

Vanguard principal and ETF strategist Joel Dickson responds to worries that increased passive investing has led to more market volatility and that ETFs cause investors to gamble with their portfolios.

Jason Stipp: I'm Jason Stipp for Morningstar, reporting from the Morningstar ETF Invest Conference 2012.

I am here today with Joel Dickson from Vanguard. He is a principal and an ETF strategist with the Vanguard Group.