Capital Ideas Podcast Investing in AI for the long term: A tech investor’s view
14 snips
Aug 14, 2025 Tomoko Fortune, an equity portfolio manager at Capital Group, has a rich background in tech investing, emerging from the dot-com bubble. She discusses the rush in AI investments, sharing insights on differentiating between disruptors and the disrupted. Tomoko emphasizes the importance of long-term investment strategies, strong management, and the adaptability needed in today’s market. She also highlights the value of mentorship and a supportive ecosystem in navigating challenges, offering a fresh perspective on opportunities in the evolving tech landscape.
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Starting A Tech Fund After The Bust
- Tomoko started a technology-focused hedge fund after the dot-com bust and ran it for 10 years through major market cycles.
- She grew with early platforms that later became the Mag7 and learned to invest through long time horizons.
Long-Term Mindset As An Edge
- Tomoko realized she is fundamentally a long-term investor who prefers finding disruptors and holding them for years.
- She found the hedge fund construct limited and values Capital Group's long-term investing framework.
Tune Out Quarterly Noise
- Tomoko leans into optimism to see exponential opportunity rather than short-term risk.
- She tunes out quarter-to-quarter noise and invests toward longer-term outcomes.
