Real Alpha has cut 2 moments of David Rosenthal (Co-founder & co-host, Acquired) talking, from an interview on Acquired published May 18, 2026.
What David Rosenthal said
Bogle's firing and the legal loophole that created Vanguard
“They were about to find out just how powerful that technicality was. Or Jack was about to test it, shall we say.”
David Rosenthal55:32 Buffett's million-dollar bet: an index fund crushed hedge funds
“So when all is said and done, the Vanguard 500 returns a total of 126% net after fees for the 10-year period, while the hedge fund portfolio returns just 36”
David Rosenthal2:33:02
The episode
AcquiredVanguard: The communist capitalist who saved investors a trillion dollars (Audio)
53:17of 3:48:06 · May 18
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