Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
18 May 2026 Acquired Vanguard
“Like, I think Morgan and everybody at Wellington and Jack absolutely did have their customers and the fund holders in mind and wanted to do a great job for them.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 May 2026
- Publisher
- Acquired
- Episode
- Vanguard
Transcript context
…This is what, mid-'50s? Early '50s, 1951. Okay. So again, we talked about the economics for the management company. Like, I think Morgan and everybody at Wellington and Jack absolutely did have their customers and the fund holders in mind and wanted to do a great job for them. But they are making a lot of money. It's market, it's industry standard.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.