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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Profile Of A Manager Who Compounds At 15% A Year, Net Of Fees

June 28, 2023June 27, 2023

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.

 

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