Technology Sector

“Concentration is a big risk that we manage actively. Not getting too carried away with tech, tech light, or tech adjacent. There's a lot of opportunity in what I would call bog standard elements of human existence. Food, pharmaceuticals, healthcare. Not gettin…”

“We exited twenty-twenty-one extremely underweight technology. Our view is that industry was overrunning, if you look at semiconductor, et cetera. That turned out to be the right call. We re-entered as we saw the impact of ChatGPT in early days. So in twenty-tw…”

“Somewhere along the way, the Biden administration became extremely anti-technology.”

“I think technology is going to be one of the areas in the next year is going to be very, very challenged. Probably a lot of good shorts are coming out of there.”

“I think when we look back at this system in 10 years, it's gonna be more vibrant, more capital, more access, more ideas, and I think the secular curve around creative destruction and innovation has never been steeper, and the ideas over the course of the next …”

“So if you look at control ownership transactions over the last decade, I think something like 60, 65% of the new control owners in North American pro sports have either come from the technology sector or finance.”

“The passive boom, when you look at the S&P, it's Right now, 18% technology without the F-A-A-M-G, but when you add Facebook, Apple, Amazon, Microsoft, Google as a separate group, that's about 23% of the S&P. 18% is technology, X those names, so you got about 4…”

“Look at the tens of thousands of jobs that have been created, the technological skills the manufacturing jobs. That have all happened without, you know, without the burden of regulation”

“Mutual funds coming in and paying outrageous prices and putting four hundred million into companies. These are all signs that were late on the stage.”