Evidence receipt / preference
Published · transcript-backedBen Gilbert: preference
18 May 2026 Acquired Vanguard
“Like normally in a company, when I buy a share of Apple, it's because I think Apple is gonna compound their profits, their cash flows in the future at a higher rate than anything else that I could invest in.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- preference
- Recorded
- 18 May 2026
- Publisher
- Acquired
- Episode
- Vanguard
Transcript context
…-crypto, etc. Yeah. My big question is, when you are owned by your current set of customers, why grow? You don't have any shareholders to appease. Like normally in a company, when I buy a share of Apple, it's because I think Apple is gonna compound their profits, their cash flows in the future at a higher rate than anything else that I could invest in. And so it's their job to grow to benefit me as the shareholder. Vanguard doesn't have that. Their only charter is appease the needs of their current customers. Right. That's a great point. There actually is no built-in incentive or obligation to grow.…
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