We are, we think one of the most interesting opportunities out there that is in the value space. The returns on their r an d investment in the last 20 years have dropped from 20% to seven%. We believe with especially artificial intelligence trial failures, will a reduce, there will be a reduction by at least 25 %. Could be a lot more. And so we could go back to the golden age.
Cathie Wood, founder and chief executive officer of Ark Invest, discusses investing in Tesla as well as her thougts on China from the Milken Institute’s 2021 Global Investment Conference.
Host: Carol Massar. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.