Sacerdote: Mega-cap tech offers massive alpha over generalist portfolio managers
Alex Sacerdote · Why the AI Boom Is Just Getting Started · Invest Like The Best · Jun 9, 2026 · at 1:13:55
Alex Sacerdote, founder of Whale Rock Capital Management, explains the thesis behind launching a dedicated mega-cap tech fund.
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“I think there's tremendous alpha in the largest cap, because if you think about it, a small cap, it just takes one person to figure out it's good and move it up, but it takes a hundred people, a hundred diversified PMs to realize Google's not a loser, it's a winner, and can we figure that out before 95% of those generalist PMs do it”
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