What is an Endowment?
The public is taught to save for retirement. Institutions are built to last forever. Their playbooks are not the same.
Principal
Thomas Anderson is the Principal of Endowment-Model.com.
He is a senior investment executive at a large endowment's investment office and has spent his career mastering the system used by the world's most permanent capital.
During his career, he has long observed the profound chasm between the institutional investment system and the simplified advice given to the public. One is a guarded framework for compounding generational wealth, the other is not.
His blog is built on a single, dissenting principle: this knowledge should not be reserved. It is an act of transmission — pulling the institutional toolkit from behind the gates and delivering its core principles, unvarnished, to those who seek them.
Thomas writes under a pseudonym.
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The public is taught to save for retirement. Institutions are built to last forever. Their playbooks are not the same.
In the institutional world, our definition of risk is fundamentally different from the one commonly taught to the public. This difference is not semantic; it is the most important chasm separating the two systems.
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