Want to be more like Amazon? Think long-term, says Alison Loat, managing director of FCLT Global, a non-profit that researches and advocates for long-term investors.
Loat is the managing director at FCLT Global, whose name stands for Focusing Capital on the Long Term. It's a Canadian non-profit founded by teams at McKinsey, the Canadian Pension Plan Investment Board, Dow, BlackRock and India's Tata. The firm thinks about investments over a 75-year period. Thinking long-term is the name of the game for Loat. FCLT Global's name stands for Focusing Capital on the Long Term. It's a Canadian non-profit founded by teams at McKinsey, the Canadian Pension Plan Investment Board, Dow, BlackRock and India's Tata. The firm thinks about investments over a 75-year period.
"It's a symbol but it's important because of their way of orienting everyone and bringing them together over a shared objective," Loat said.
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