Transfer of free energy from large to small velocity-space scales by phase mixing leads to Landau damping in a linear plasma. In a turbulent drift-kinetic plasma, this transfer is statistically nearly canceled by an inverse transfer from small to large velocity-space scales due to "anti-phase-mixing" modes excited by a stochastic form of plasma echo. Fluid moments (density, velocity, temperature) are thus approximately energetically isolated from the higher moments of the distribution function, so phase mixing is ineffective as a dissipation mechanism when the plasma collisionality is small.Introduction.-Kinetic turbulence in weakly collisional, strongly magnetized plasmas is ubiquitous in magnetic-confinement-fusion experiments [1-3] and in astrophysical settings [4,5]. Like fluid turbulence, kinetic turbulence may be described as the injection (e.g., by a plasma instability), cascade to small scales, and dissipation of a quadratic invariant, viz., free energy. On spatial scales larger than the ion Larmor radius, kinetic turbulence incorporates two mechanisms for dissipating free energy into heat. The first is a fluid-like nonlinear cascade from large to smaller, sub-Larmor, spatial scales (where the free energy is dissipated eventually by collisions [5][6][7][8]). The second is parallel phase mixing, a linear process that transfers free energy from the fluid moments (density, fluid velocity and temperature) to the kinetic (higher-order) moments by creating perturbations in the velocity distribution on ever finer scales in velocity space, perturbations which are also then dissipated by collisions. In a linear plasma, this is known as Landau damping and the free energy is dissipated at a rate independent of collision frequency [9,10].