Alex Sacerdote - How to Invest Through Technology Cycles - [Invest Like the Best, EP.477]

About this episode

Alex Sacerdote discusses his investment strategies through technology cycles and shares insights on AI and competitive advantages.

My guest today is Alex Sacerdote, founder of Whale Rock Capital Management. Whale Rock is a technology focused investment firm that manages more than $17 billion across hedge fund, long only, and hybrid strategies. Over the past three years it has been one of the best performing hedge funds, compounding at roughly 44 percent a year. Alex invests through a single lens that he has refined over twenty years. He looks for technology S-curves, durable competitive advantages, and underappreciated earnings power. This conversation is a tour through how he applies that framework right now. We start with his highest conviction position, which is Anthropic, and use it to work through the entire AI stack from chips to models to applications. Please enjoy my conversation with Alex Sacerdote. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠. ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp’s⁠ mission is to help companies manage their spend in a way that…

People in this episode

Host: Patrick O'Shaughnessy

Guest: Alex Sacerdote

Topics covered

• technology investing
• hedge funds
• AI
• competitive advantages
• investment strategies

Keywords

• technology cycles
• investment
• hedge fund performance
• AI stack
• competitive advantages

Sponsors

Colossus, Ramp, Vanta

Mentioned in this episode

Organizations: Whale Rock Capital Management

Products: Anthropic

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