Two views on AI - Concentration, caution, and market reality

Artificial intelligence may be transforming markets, but investors remain deeply divided on how, or even whether, to participate. In this session, two of the industry’s most respected investors bring opposing perspectives to the table. Sonu Kalra has concentrated heavily in AI-adjacent leaders, achieving strong performance by backing what he sees as the early stages of a long-term AI wave. In contrast, Brian Kersmanc has deliberately avoided large-scale AI exposure, citing elevated valuations and crowded positioning as risks. With strong track records and philosophies, both investors will test assumptions, challenge prevailing narratives, and explain the discipline behind their decisions. This is not about choosing sides: it’s about hearing both, so you’re better informed on one of the most contested themes in global equities today.