Antti Ilmanen
The Strategist
The long view, patient, analytical, playing several moves ahead.
Antti Ilmanen earns The Strategist by treating patience as a variable to be engineered rather than a virtue to be admired. His reliance on starting yields as anchors for long-horizon return expectations carries a cartographer's discipline, mapping the terrain before committing to direction.
“It's mainly it's great, though. If you had him with us here on this studio, I think you wouldn't hear much of me. And that's just as well because he's faster on his feet and he's wittier. So that's in everybody's benefit. So seriously, it does help that our investment thinking, investment beliefs are so similar.”
“Than today. All fair. So I'll just say, well, first I say, you just do the best you can. And I think there's some value in the data, but there are data problems. There are investibility questions. Even if the data were fine, maybe you couldn't do foreign diversification or something like that.”
“When investors really like something for non monetary reasons, and that includes ESG, then I think the reasonable counter-argument is that we may be in a transition phase here where we are getting the repricings. How do we get to those higher risk countries? Well, we get it basically by making those companies cheaper.”
“And one further thing is that these questions were already relevant a few years ago, but private equity did very well the last few years. And I saw Dan Rasmussen wrote quite nicely. I sort of recognize, I mean, that's rare and lovely when somebody does. Post mortem on my mistake. That's what he did there.”
Masters in Business: “Antti Ilmanen on Expected Returns”
LISTEN AT THE SOURCE ↗THE RECORD IS CHECKABLE