In a recent podcast, Alex Sacerdote, founder of Whale Rock Capital, discussed the fund's strategy which involves significant bets on emerging tech companies. Despite a rocky start to 2025 with a 5.6% decline, the firm had a successful 2024, achieving over 54% growth. Sacerdote emphasized the inherent volatility in tech investments, advocating for humility during market peaks and troughs. His insights reflect a long-term approach amidst fluctuations, underscoring the blend of risk management and strategic foresight in hedge fund operations.
"Volatility comes with the tech territory, and it's hard to totally protect against that," Sacerdote said.
"When you're at the top, know you're not as smart as you think you are, and when you're at the bottom, know you're not as dumb as you think you are," Sacerdote said.
"Humility is an important aspect of this," he added.
The firm is down 5.6% through February after a 12.9% loss last month.
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