Video - December 2025The Long Short of Investing
Transcript
Christian Kansler:
Portfolio Manager Thad Pollock talks about Mutual of America’s investment philosophy for the Cromwell Long Short Fund.
Thaddeus Pollock:
We've focused for a long time at Mutual of America on companies that have strong management teams with improving prospects and that really is focused on the assets, the businesses we're investing in. Do they have improvement potential?
And then we've also, as a firm for a long time, focused on trying to find a differentiated view on the companies we're investing. And that's really important for active management. And for us, to have a view that we think is not only correct over time, but is different than the street expects.
And then we put that all together with measuring the opportunity in the form of free cash flow per share. And that all leads to what we believe are a portfolio of investments that have good 3 to 5 year prospects on the long side and vice versa on the shorts.
Christian Kansler:
Portfolio Manager Thad Pollock talks about Mutual of America’s investment philosophy for the Cromwell Long Short Fund.
Thaddeus Pollock:
We've focused for a long time at Mutual of America on companies that have strong management teams with improving prospects and that really is focused on the assets, the businesses we're investing in. Do they have improvement potential?
And then we've also, as a firm for a long time, focused on trying to find a differentiated view on the companies we're investing. And that's really important for active management. And for us, to have a view that we think is not only correct over time, but is different than the street expects.
And then we put that all together with measuring the opportunity in the form of free cash flow per share. And that all leads to what we believe are a portfolio of investments that have good 3 to 5 year prospects on the long side and vice versa on the shorts.
