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hema parmar

T3 · host / generalist

Covers hedge funds and asset management; reported on Viking Global's conservative stance and AI rally underperformance.

1 call·1 name·0% bull·last heard 2 months ago·Bloomberg Tech
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1stmedium conviction
$VIKING-GLOBALViking Global Investors

Viking Global misses AI rally, stays conservative citing valuation and correction risks

The $56B hedge fund gained only 2.6% in H1 trailing AI-heavy peers; management acknowledges missed opportunity but refuses to chase, citing extreme valuations and risk of sudden correction in crowded AI names.

Bloomberg Tech2026-07episode →

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$VIKING-GLOBAL
Viking Global Investors
MEDhema parmar·Bloomberg Tech·2 months ago·Open-Weight AI Debate Takes Center Stage
Viking Global misses AI rally, stays conservative citing valuation and correction risks
The $56B hedge fund gained only 2.6% in H1 trailing AI-heavy peers; management acknowledges missed opportunity but refuses to chase, citing extreme valuations and risk of sudden correction in crowded AI names.
"THEY ARE VERY CONCERNED ABOUT THE RISK THEY SEE IN THE MARKETS. THEY ARE CONCERNED WE COULD SEE POTENTIALLY A CORRECTION OF SOME SORT WAS A SUDDEN SHOCK WITH STOCKS THAT ARE HIGHL…"
41:30
6
Venture Capitalmixed
Conservative Viking Global vindicated in 2022 but now underperforms as AI rally broadens
Viking's caution saved capital in the 2022 tech crash but caused 2.6% H1 2024 returns vs peers; the fund holds some AI (Samsung) but avoids crowded names, betting a correction will validate discipline — a test of conviction vs FOMO.