Cathie Wood on Investing Lessons, Spot Bitcoin ETFs, $1 Million Bitcoin and What Drives Her

Oct 12, 2023

Cathie Wood, founder, CEO and CIO of ARK Investment Management, discusses her origin story, lessons from boom and bust cycles, importance of Bitcoin, ARK's investment strategy, spot Bitcoin ETFs, $1 million Bitcoin forecast, and what drives her purpose. They also explore Bitcoin's potential as a global monetary system, endorsements, volatility benefits, sponsors, and obstacles to spot Bitcoin ETF approvals. Finally, they touch on Bitcoin vs. FTX, SEC's stance on ETFs, and the convergence of Bitcoin and AI.

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Introduction

00:00 • 2min

Upbringing and Influences

01:33 • 23min

The Rewards and Risks of the Investing Strategy

24:09 • 5min

Bitcoin's Potential as a Global Monetary System

29:35 • 14min

Bitcoin Volatility, Sponsors, and ETF Approvals

43:10 • 3min

Bitcoin vs. FTX and SEC's stance on ETFs

46:12 • 7min

Bitcoin and AI Convergence

53:23 • 11min

Cathie Wood is the founder, CEO and CIO of ARK Investment Management.

In this episode we discuss:

Cathie's origin story and career path
Lessons from the history of boom and bust cycles
Monetary policy failures
Why Bitcoin is important for everyone to understand
ARK's investment strategy of disruptive innovation
Banking failures and counter-party risk
Spot Bitcoin ETFs
$1 million Bitcoin forecast
What drives Cathie and gives her purpose

She created ARK in 2014 to identify large-scale investment opportunities in the public markets resulting from technological innovations centered around DNA sequencing, robotics, artificial intelligence, energy storage, and blockchain technology. She earned her Bachelor's in Finance and Economics from USC. In 2018, Cathie launched the Duddy Innovation Institute at her alma mater, Notre Dame Academy in Los Angeles, offering a challenging educational experience for young women. Follow Cathie on X: https://x.com/CathieDWood

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This podcast is for educational purposes and should not be construed as official investment advice.

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