The Capitalism and Freedom in the Twenty-First Century Podcast cover image

The Capitalism and Freedom in the Twenty-First Century Podcast

AI, Tech, Industrial Policy and Baby Equities with Brad Gerstner (Altimeter Capital Founder and CEO)

Dec 10, 2024
Brad Gerstner, Founder and CEO of Altimeter Capital, shares insights on his journey from Indiana to managing over $15 billion in tech investments. He discusses the role of free markets in economic growth, the challenges of navigating law and innovation, and the impact of the CHIPS Act on national security. Gerstner also proposes 'baby equities,' investment accounts for children to foster financial literacy and bridge wealth gaps, envisioning a brighter economic future for the next generation.
01:00:22

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Brad Gerstner's upbringing in a struggling Indiana town shaped his passion for economics and free market capitalism, influencing his career trajectory.
  • Altimeter Capital's investment strategy focuses on identifying technological super cycles to maximize returns through informed venture and public market investments.

Deep dives

Brad Gerstner's Journey to Investing

Brad Gerstner describes his early life in a small town in Indiana, where his family's struggles with economic downturns, particularly in the auto industry, sparked his interest in economics and technology. Influenced by his father's entrepreneurial spirit and the challenges posed by corporate buyouts, he developed a fascination with how the world operates economically. His educational journey took him from Wabash College to prestigious institutions like Oxford and Harvard, where he encountered influential thinkers such as Milton Friedman and Adam Smith. This foundation instilled in him a passion for free market capitalism, which ultimately guided him to Silicon Valley and the establishment of his investment firm, Altimeter Capital, in 2008.

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