Holding Google's Feet to the Fire

Most fund managers are cowards. They always try to stick with the herd, and they never want to stand up for anything. And the bigger and more blue-chip their companies, the more spineless they are.

At least, that's what the cynics say. Are they wrong? I hope so. And some of the biggest names in the fund world, including the folks at Fidelity, American Funds and Vanguard, have just been given a golden chance to prove it.

The scene: Google's annual stockholders' meeting in Mountain View, Calif., on May 10. ...