greg jensen

T2 · manager / operator

Greg Jensen has spent 30 years at Bridgewater, joining straight from Dartmouth in 1996. As Co-CIO, he manages Pure Alpha and a separate AI-native investment entity. He was an early personal investor in OpenAI (2016) and led the first check into Anthropic. He architected Bridgewater's 'secure garden' system for compounding institutional knowledge into algorithms.

12 calls·12 names·58% bull·last heard 9 months ago·In Good Company with Nicolai Tangen

track recordleaderboard →

hit rate

100%

avg alpha

+6.9pp

scored

1

top calls

best measured alpha vs SPY, then highest conviction · one per company

1st+6.9pp vs SPY

$NVDANvidia

Nvidia uses vendor financing to lock in ecosystem and block competitors like Google

Nvidia's vendor financing deals are not bubble dynamics but a deliberate Standard Oil-style strategy to control the AI ecosystem by locking in partners who won't develop alternative chips, defending against Google's full-stack threat.

In Good Company with Nicolai Tangen2025-11→

2ndhigh conviction

$OPENAIOpenAIposition

Greg Jensen invested personally in OpenAI's first round in 2016 to access reasoning research

Jensen invested in OpenAI's first funding round around 2016 because they were uniquely pursuing the reasoning capabilities he believed were necessary for AI to surpass human intuition, and he wanted direct exposure to the research trajectory.

In Good Company with Nicolai Tangen2025-11→

3rdhigh conviction

$ANTHROPICAnthropicposition

Jensen wrote the first check into Anthropic when top scientists left OpenAI

Jensen led Anthropic's initial funding after key OpenAI scientists founded it, seeing their mission-driven approach as a unique advantage for retaining top AI talent in a competitive market.

In Good Company with Nicolai Tangen2025-11→

most discussed · click a bar to filter

recurring themes

12 total

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Amazon

LOWgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Amazon building its own AI ecosystem alongside Nvidia and Google

Amazon is developing a partial AI ecosystem as a third pole in the infrastructure land grab, though less fully described than Nvidia's or Google's.

"there's somewhat of an Amazon ecosystem and then there's an Nvidia controlled ecosystem that has let's say open AI certain models on the top and goes all the way through all the s…"

16:14

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Meta

LOWgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Meta uses chip and power advantage to recruit scarce AI scientists

Meta compensates for talent deficits by leveraging its compute and power resources to attract the fewer than 1,000 cutting-edge AI scientists globally.

"if you're meta and you don't feel like you have the scientists, but you have the chips and the power, you get the scientists, right? you're seeing this actually really"

16:58

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Microsoft

MEDgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Microsoft secured prime grid-connected land for data centers early in the power land grab

Microsoft has executed a superior land grab by acquiring all the best grid-connected land for data center power, forcing competitors to seek off-grid power solutions.

"Microsoft's got all the land where you can get power on the grid. They've they've done a great job of getting that land. Other people need to figure out places off the grid to get…"

11:58

OpenAI

HIGHgreg jensen·In Good Company with Nicolai Tangen·9 months ago· position

Greg Jensen invested personally in OpenAI's first round in 2016 to access reasoning research

Jensen invested in OpenAI's first funding round around 2016 because they were uniquely pursuing the reasoning capabilities he believed were necessary for AI to surpass human intuition, and he wanted direct exposure to the research trajectory.

"I was in the first round of investors in OpenAI because they were doing unique things. That was I think it was about 2016. Elon Musk had just stepped aside and they needed funding…"

7:57

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Nvidia

HIGHgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Nvidia uses vendor financing to lock in ecosystem and block competitors like Google

Nvidia's vendor financing deals are not bubble dynamics but a deliberate Standard Oil-style strategy to control the AI ecosystem by locking in partners who won't develop alternative chips, defending against Google's full-stack threat.

"Nvidia is now in this position and this goes to vendor financing. People look at this vendor financing and think it's because of normal bubble dynamics. This is how they're going…"

15:15

$THINKING-MACHINES

Thinking Machines

LOWgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Jensen impressed by Thinking Machines' talent but notes it's too early to judge

Thinking Machines has assembled a strong team of AI scientists, but as a new entrant its ability to retain talent and achieve breakthroughs remains unproven.

"I'm I'm very impressed with thinking machines. I think they have great people there but they just got there and who knows."

18:19

Anthropic

HIGHgreg jensen·In Good Company with Nicolai Tangen·9 months ago· position

Jensen wrote the first check into Anthropic when top scientists left OpenAI

Jensen led Anthropic's initial funding after key OpenAI scientists founded it, seeing their mission-driven approach as a unique advantage for retaining top AI talent in a competitive market.

"that that journey brought me to Open AI. I was in the first round of investors in OpenAI... which brought me to anthropic later on when some of the best scientists I knew started…"

8:32

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Google

MEDgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Google is Nvidia's true competitor pursuing full-stack AI down to custom chips

Google's vertical integration from chips to models makes it the only credible threat to Nvidia's ecosystem control, driving Nvidia's defensive vendor financing strategy.

"Their problem is Google is a true competitor. Google's trying to go the whole stack all the way down to the chips. They don't want Google to win or they don't want Google to be th…"

15:43

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Alibaba

MEDgreg jensen·In Good Company with Nicolai Tangen·9 months ago

China rehabilitating Alibaba to mobilize private sector for existential AI competition

Beijing has reversed its crackdown on tech giants like Alibaba because it needs a functioning equity market and private sector innovation to compete with the US in AI, which it now views as existential.

"They've shifted. You've seen the shift bringing Alibaba back in. bringing saying okay we've got to go do this and um and they need the equity market to function to do it they know…"

34:06

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Gold

MEDgreg jensen·In Good Company with Nicolai Tangen·9 months ago

Gold reflecting geopolitical fragmentation and loss of US goodwill

Gold prices are rising as a barometer of geopolitical stress, capturing the shift to mercantilism and the collapse in global support for the US-led order.

"If you look at gold as another example where you're seeing the geopolitics play out."

5:23