Alternative asset management firm Longboard is fun to write about—for one thing, it offers many metaphorical possibilities.
"We observe the oceans of opportunity and catch the wave," Cole Wilcox, Longboard's CEO, explained to AdvisorOne at the 2012 Morningstar Investment Conference in Chicago. "The tool is right, because longboards are used to surf the large waves, of which we want to get out in front. Short boards are for smaller waves, and we're not interested in them."
In case it wasn't obvious enough, he meant long-term cyclical trends—the average duration of one of their trades is one year, he said.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
