For individual stock pickers, Peter Lynch is the man, up there...

For individual stock pickers, Peter Lynch is the man, up there with Warren Buffett.
I am a massive fan. Read all of his books.
Interestingly, the decline in FMG's funds under management seems to have shone a light on the passive vs active argument with many saying particularly shorters are saying that the indexing methodology is disrupting the stock pickers model big time (probably a lot more than it actually is I would say)
anyway if you are fan of the great man talking in person on passive investing.
just click on the audio link (in yellow) in the article .

A lot have people have commented on Lynch since he made the comments a couple of weeks ago.

here are two outlining the arguments for and against

this young lady (24) states the fact that 85% of active fund managers do not beat the market and goes into some figures

and here is Sven Carlson on 5 reasons why passive investing may not be suitable for 202

From my point of view, I have noticed you can easily pick a basket of four of five stocks on a theme and you can easily beat the index anyway.