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Growth of Passive Management No Problem for Active Yacktman

Amid volatility, Yacktman finds success with downside protection and eye on risk.

Gregg Warren: This is Gregg Warren, senior stock analyst with Morningstar's institutional equity research division. I'm here at the Morningstar Investment Conference with Stephen Yacktman, of Yacktman Asset Management, who has been kind enough to join us for a panel discussion involving our Ultimate Stock-Pickers.

Stephen, thank you for coming.