Overview: |
| Title: Who Loses in Creative Destruction? How Avoiding Disruption Can Enhance Returns |
| Date: Wednesday, November 11, 2026 |
| Time: 2:00 PM Eastern Standard Time |
| Duration: 1 hour |
Register Now: |
| Already Registered? |
Summary: |
||
|
Everyone is asking who wins from AI, but few are asking which holdings in your clients’ portfolios could lose. Economists call this "creative destruction," the process in which new technologies create new industries while eroding the business models they replace. History shows that the destruction side often hurts incumbents for years before the market prices it in, and AI may be starting the next cycle. Topics for discussion:
Accepted for 1 CFP / IWI / CFA CE Credit |
||
Speakers: |
||
|
||
Bradford Neuman is Senior Vice President and Director of Market Strategy. He joined Alger in 2015 and has 27 years of experience. Before joining Alger, Brad was a Partner at Omega Advisors, where he managed investments in the consumer sector. Prior to that, he was a Managing Director at Glenview Capital where he had similar responsibilities. Earlier in his career, Brad was an Equity Research Associate Analyst at Credit Suisse focusing on equity market strategy, and prior to that he was responsible for covering the wireless telecommunications industry for the firm. He started his career as an Equity Research Associate at Schroder & Co. Brad has appeared frequently on CNBC and has been quoted in Barron’s, The Wall Street Journal, Bloomberg, The Washington Post, Institutional Investor, Pensions & Investments, and MarketWatch. Brad earned his B.B.A. with High Distinction from Emory University. He is also a CFA charterholder and a member of the CFA Institute. |
The views expressed are the views of Fred Alger Management, LLC (“FAM”) and its affiliates as of November 2026. These views are subject to change at any time and may not represent the views of all portfolio management teams. These views should not be interpreted as a guarantee of the future performance of the markets, any security or any funds managed by FAM. These views are not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities. Holdings and sector allocations are subject to change.
Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies’ earnings and may be more sensitive to market, political, and economic developments. Companies involved in, or exposed to, AI-related businesses may have limited product lines, markets, financial resources or personnel as they face intense competition and potentially rapid product obsolescence, and many depend significantly on retaining and growing their consumer base. These companies may be substantially exposed to the market and business risks of other industries or sectors, and may be adversely affected by negative developments impacting those companies, industries or sectors, as well as by loss or impairment of intellectual property rights or misappropriation of their technology. Companies that utilize AI could face reputational harm, competitive harm, and legal liability, and/or an adverse effect on business operations as content, analyses, or recommendations that AI applications produce may be deficient, inaccurate, biased, misleading or incomplete, may lead to errors, and may be used in negligent or criminal ways. AI companies, especially smaller companies, tend to be more volatile than companies that do not rely heavily on technology. Investing in innovation is not without risk and there is no guarantee that investments in research and development will result in a company gaining market share or achieving enhanced revenue. Companies exploring new technologies may face regulatory, political or legal challenges that may adversely impact their competitive positioning and financial prospects. Developing technologies to displace older technologies or create new markets may not in fact do so, and there may be sector-specific risks. There will be winners and losers that emerge, and investors need to conduct a significant amount of due diligence on individual companies to assess these risks and opportunities.
Important Information for US Investors: This material must be accompanied by the most recent fund fact sheet(s) if used in connection with the sale of mutual fund or ETF shares. Fred Alger & Company, LLC serves as distributor of the Alger mutual funds and ETFs.
Alger pays compensation to third party marketers to sell various strategies to prospective investors.
Fred Alger & Company, LLC 100 Pearl Street, New York, NY 10004 / 212-806-8800 / www.alger.com