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  1. Goldman Sachs49 min

    How to find alpha: Bridgewater Associates’ Co-CIO Karen Karniol-Tambour

    Karen Karniol-Tambour, Roelof Botha, Joe Baratta, Jon Winkelried, Tony Pasquarello

    Bridgewater Associates' Co-CIO team outlines a US economic landscape defined by sustainable 3% growth and a neutral rate near 3%, driven by an AI-fueled capital expenditure cycle and supply-side labor dynamics. The strategy pivots toward a diversified portfolio positioning that favors Japanese equity normalization, Chinese asset valuation discounts, and Euro currency strength while maintaining a structural US dollar tilt amidst rising global deficits. These macroeconomic views are integrated with a philosophy of radical transparency and algorithmic rigor to navigate complex themes ranging from AI-driven inflation to divergent post-election fiscal trajectories.

  2. Goldman Sachs1h 0m

    How Sequoia Capital’s Roelof Botha is forging the future

    Roelof Botha, Ken Hirsch

    Roloff Bota of Sequoia Capital outlines the firm's enduring investment philosophy, which relies on a small, high-integrity team to back founder-problem fit through rigorous processes like anonymous voting and pre-mortems. The discussion highlights how Sequoia navigates a contracting VC market and evolving AI landscape by prioritizing infrastructure software over capital-intensive foundation models while introducing a permanent fund structure to align long-term incentives. Ultimately, the event details how the firm balances historical underdog mentalities with modern behavioral economics to sustain 100x to 500x returns despite a 50% failure rate in its portfolio.