How has Money magazine changed?
Well, Money magazine has kind of ridden the whole bull market and, I think, contributed to it as well. We’ve gotten a lot of people in. It’s really helped them realize their financial dreams in many cases. Our circulation — when I started in the late ’70s we were at about five or six hundred-thousand. Now we’re selling about two million copies a year. We’re up four times. We’ve attracted some competitors, we were almost alone back in the late ’70s as a source of financial information. Now there are radio and TV shows, newspapers have columns on these topics, there are other magazines. There’s been a profusion of information for people because there’s so much more interest in the topic. So Money has kind of ridden this whole thing, but in certain ways spawned more doing the — the same thing. A feature we have called “One Family’s Finances” where we profile individual families, has become kind of a lot of people try to copy what we do all the time. Wall Street used to be just kind of i
