Index funds vs. active funds

This is one podcast that I subscribe to and listen to religiously.

Vanguard's Plain Talk on Investing podcast:
In this episode, "Index funds vs. active funds", Vanguard Chief Investment Officer Gus Sauter will help you better understand two different approaches to mutual fund investing—indexing and active management.
Download the podcast in MP3 file.

You can also read the transcript while listening to the podcast.
(tip: use tab browsing to open the transcript on another page)