The Thinking Investor: Vandana Tolani’s Theory of Responsible Capitalism
Vandana Tolani views capital not as fuel for growth, but as a test of character. Across decades of advising founders and investors, she has seen how money amplifies behavior: rewarding clarity, exposing confusion, and accelerating whatever already exists beneath the surface. For her, responsible capitalism is not about valuation or velocity, but about discipline, predictability, and the ability to build trust that endures beyond market cycles. In a world awash with capital, she argues, the real differentiator is not access to money, but the wisdom to use it well.