In a world where technology rapidly reshapes the landscape of industries, disruptive innovation stands at the forefront of this transformation. It challenges the status quo, propels economies forward, and redefines what is possible.
As we dive into the minds of those who navigate these territories, we gain invaluable insights into the future of finance, investment, and the global economy.
In this episode, Ryan Detrick, Chief Market Strategist at Carson Group & Sonu Varghese, VP, Global Macro Strategist at Carson Group, sit down with Cathie Wood, CEO and CIO of Ark Invest, to explore the intricacies of disruptive innovation, the significance of technical analysis in investment strategies, and the potential underestimation of GDP growth due to technological advancements. Cathie Wood shares her bullish perspective on Bitcoin and emphasizes the importance of female leadership and coding in the future of finance.
Cathie discusses:
- Her motivation for starting ARK Invest and the unique approach of the firm
- The significance of Tesla in the context of artificial intelligence and its competitive advantages
- Her perspective on GDP growth expectations and historical technology waves
- Her view on Bitcoin as a monetary revolution
- The possibility of introducing more ETFs
- Her insights on the future of coding
- Her advice for young women in finance, focusing on knowledge, performance measurement, and staying focused on long-term goals
- The rapid growth and future valuation of disruptive innovation in equity markets
- And more!
Resources:
- Any questions about the show? Send it to us! We’d love to hear from you! factsvsfeelings@carsongroup.com
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About Our Guest:
Cathie Wood registered ARK Investment Management LLC (“ARK”) as an investment adviser with the U.S. Securities and Exchange Commission in January 2014. With over 40 years of experience identifying and investing in innovation, Cathie founded ARK to focus solely on disruptive innovation while adding new dimensions to research. Through an open approach that cuts across sectors, market capitalizations, and geographies, Cathie believes that ARK can 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. As Chief Investment Officer (“CIO”) and Portfolio Manager, Cathie led the development of ARK’s philosophy and investment approach and has ultimate responsibility for investment decisions.
Prior to ARK, Cathie spent twelve years at AllianceBernstein as CIO of Global Thematic Strategies where she managed over $5 billion. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded, which in 2000, managed approximately $800 million in global thematic strategies. Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates LLC as Chief Economist, Equity Research Analyst, Portfolio Manager and Director.
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