Cole Wilcox from Longboard Asset Management discusses systematic trend following strategies for single stocks, emphasizing the importance of cutting losses and participating in upside moves. They cover challenges in portfolio construction, active downside risk management, leveraging, and optimizing portfolio composition for consistent success. The episode highlights the benefits of trend following in small and mid-cap stocks and the significance of discipline and process in trading.

Cole Wilcox, Founder and Chief Investment Officer of Longboard Asset Management, discusses the effectiveness of trend-following strategies in today's market. He emphasizes the importance of managing investor expectations and recognizes the challenges posed by emotional decision-making. The conversation dives into the benefits of alternative investments for portfolio diversity, the advantages of small to mid-cap stocks, and the necessity of accepting investment drawdowns. Wilcox advocates for systematic portfolio management and strong advisor collaboration to optimize results.