I remember Institutional Investor when it was a magazine.
With things like a “cover.” And “paper.”
Its founder, Gil Kaplan, made so much money from it — and loved Mahler’s Second Symphony so much — that . . . well, it’s such a good story, read it yourself. I was lucky enough to be in the audience myself that night. He had filled the entire hall with friends and colleagues, with a fancy dinner following, all on his own dime.
But I digress.
Today’s Institutional Investor is all-digital, but if this piece is any indication, the quality of the writing remains undiminished.
It’s about a bit more than investment strategy, as you’ll see.
Editors Note: This article was originally published on June 23rd, 2023 on andrewtobias.com, syndicated with permission.

An American writer and public figure, Andrew Tobias has written extensively about politics, finance and insurance. Andrew is also a graduate of Harvard University and is the author of numerous books including; The Only Investment Guide You’ll Ever Need, The Best Little Boy In The World, and Invisible Bankers: Everything The Insurance Industry Never Wanted You To Know.
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