Despite structural inefficiencies and ascendant Asian rivals, the US economy, with just 5% of world population, generates 30% of world GDP, and nearly 50 percent of world stock market capitalization. The bulk of this capital stems from a globally dominant technology sector, still led by computers and communications.
The Gilder Technology Fund (the "GTF") seeks exceptional returns for its investors by identifying the companies that are shaping this new Millennial era of world technology.
We believe that the creation of new wealth springs less from the balancing of sectors and risks than from the discovery of the few promethean entrepreneurs and inventors that spearhead new paradigms in technology. Risk is mitigated not by hedging or averaging but by superior information and analysis.
"All small returns are noise. To transcend the noise and the risk, seek outsized returns from technological paradigms." -George Gilder
