1. Active and passive need to co-exist…it’s not either/or but BOTH
2. Index overweighting is a potentially critical issue for investors that is being underreported
3. Not all indexes are better than comparable active managed portfolios
4. Investors benefit from choice
5. Historical cycles greatly impact the performance of both styles
6. Over long periods of time, actively managed small cap value outperforms indexes
7. There is a lot of misinformation about the subject, and myths that need to be debunked
8. Selection is not as simple as current performance and fees
9. There are many share class and fee issues that are not understood by investors
10. The industry needs to find a voice on this critical subject