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In episode 257 we welcome our guest, Marc Levine. In today\u2019s episode, we\u2019re approaching investing from the institutional, pension side of things.\nWe talk to Marc about his role at ISBI. When he was there, there were 80 or so hedge funds in the portfolio. He discusses the mood in the boardroom when he made the decision to fire the vast majority of them and index the portfolio instead.\nWe get into his interesting way of thinking of investors in the context of a \u2018Tribal\u2019 model, and why he feels investors should honor all 4 tribes. We even get his thoughts on 13F investing.\nAll this and more in episode 257 with Marc Levine.\nLearn more about your ad choices. Visit megaphone.fm/adchoices