I've spent my entire 24 year investment management career in a long-only environment serving mostly high-net-worth individual investors and their related retirement and charitable accounts. During the 1980s and the first half of the 1990s, I had a lot of success as measured by my ability to produce a return in excess of the S&P 500 on an annual basis. This is still my goal, whether in up or down markets. Until the second half of the 1990s, I felt I had an edge because of good analysis and my ability to get to sources of information that weren't widely available to individual investors. This was true of all professional investors and, as a group, we had a good thing going.
Northlake Capital Management, LLC is a registered investment advisor offering investment advisory services to high net worth individuals and their affiliated entities. Northlake specializes in the management of equity portfolios using a "Core and Explore" strategy. "Core and Explore" combines a small portfolio of exchange traded index funds (ETFs) with a select basket of individual stocks.
Most of the ETFs are selected using a monthly model that rotates funds among small, mid, and large capitalization stocks and growth and value stocks. Back tests of these models show superior returns since 1980. Successful investments for real clients have been achieved since early 2004. Northlake recently an International theme to its ETF rotation strategy via investment in ETFs which track stock markets in five different regions of the world.
Northlake's ETF rotation strategy provides broad-based "core" exposure to the market with the ability to produce excess return relative to the market. Further incremental return is sought via a select portfolio of less than 10 individual stocks focused on the global media and telecom industries. Northlake founder Steve Birenberg is an acknowledged expert in these industries, having spent most of his 25 year year investment career specializing in these industries. Steve provides daily commentary on media stocks for Real Money.com., the subscription service of theStreet.com. Steve's research has been mentioned several times by Jim Cramer on his CNBC TV show, Mad Money. Steve has also appeared Fox Business Channel's Happy Hour to discuss media investments.