The co-founder of BlueCrest Capital Management, Bill Reeves of Hawaii has led a successful career in finance for nearly two decades. He currently serves as a partner in BlueMountain Capital Management, a firm that he helped form. In his free time, Bill Reeves of Hawaii enjoys Alpine skiing.
Alpine skiing began with the invention of the first toe-and-heel binding in 1850. This new binding created a sturdier ski that allowed skiers to traverse steeper hills at a faster speed. In doing so, skiing started to be split into two different types: Alpine and Nordic. Alpine skiing referred to the Alps in Europe and focused on racing down steep mountains. Meanwhile, Nordic skiing started in Scandinavia and focused more on flat land skiing.
Wealthy individuals from Britain were some of the first alpine skiers. They would travel to the Alps in summer and enjoyed skiing around the area’s various villages and valleys. Eventually, they created the downhill race to see who was the fastest skier. The race included jumps and turns, but it was void of obstacles. Instead, these obstacles were used in another type of race, the slalom. Skiers were introduced to the first downhill ski race in 1911.
As time went on, Alpine skiing grew in popularity. Luxury resorts in Switzerland, France, and Austria started accommodating Alpine skiers in the 1920s, but the first Winter Olympics in 1924 did not include any Alpine skiing events. Instead, it included only Nordic events. It was not until 1936 that Alpine skiing debuted at the Olympic Games in Germany. Over time, Alpine skiing gained more events at the Olympics, and skiers now compete in four Alpine events.
Stand Up Paddling
Before co-founding Blue Crest Capital Management in 2000, Bill Reeves served as the head of macro strategy and trading at JP Morgan & Chase in New York City. As a resident of Hawaii, Bill Reeves engages in several sports that are closely connected to Hawaii including stand up paddling (SUP).
SUP is a variation of the popular sport surfing, and involves participants using a paddle to propel themselves across the water while standing on a board. In recent years, SUP has grown in popularity with nearly three million Americans participating in 2014.
The origins of SUP can be traced back to many ancient civilizations in Africa and South America, where long sticks or paddles have been used to propel boards, canoes, and other forms of watercraft. However, the modern SUP tradition has its roots in Polynesia and was first observed by Captain James Cook. In 1778, Cook found Hawaiian natives using paddles to propel specially carved ritual boards made from the Koa tree. SUP was a strictly Hawaiian activity until 2004 when Rick Thomas brought the sport to California. Stand up paddling immediately caught on and quickly spread throughout the globe. SUP’s sudden surge in popularity was seen as a much-needed addition to the sport of surfing.
Open Water Swimming
A partner at BlueMountain Capital Management, Bill Reeves of Hawaii gained international recognition in the finance industry when he cofounded the New York-based hedge fund firm BlueCrest Capital Management. In his free time, Bill Reeves of Hawaii enjoys staying active through open water swimming.
Open water swimming can be unpredictable and more dangerous than pool swimming. Ideally, people who are learning to swim should not practice in open water. Doing so puts them more at risk getting swept underwater by a current and even drowning. Regardless of skill, open water swimmers should always check the weather and current conditions where they plan to swim. Strong currents can quickly take swimmers off track and into dangerous spots. Further, it is always a good idea to go swimming with at least one other person. This way, if there is an emergency, swimmers can help look out for each other to prevent major disasters.
Depending on the area in which a swimmer plans to go, learning about the local sea life can keep swimmers safe and calm. If sharks or jellyfish are common in an area, swimmers can be on the lookout to keep from getting bitten or stung. At a lake, swimmers should consider the level of bacteria in the water. Many areas close after rainstorms to protect against this, but if they do not, swimmers should be aware of the risk.
While all these minor safety points can decrease a swimmer’s risk, emergencies can still happen. To stay safe, swimmers should know how to handle certain currents, animal encounters, and any other situations they may experience.