Here's Cathy Wood:
• She saved Tesla from bankruptcy
• An early investor in Coinbase and Bitcoin
• Known as the "female version of Warren Buffett"
She just said: "AI will give birth to a new class of trillion-dollar billionaires. "
Here's her advice for the moment: 🧵
Cathy Wood leads ARK Invest, which manages $9.1 billion in assets across eight exchange-traded funds.
She is known for her bold, unwavering bet on disruptive innovation.
Her investment record?
Stunning.
But what is her most famous record?
She has made some of the most accurate market predictions in history:
• Was an early investor in Tesla and Bitcoin
• Anticipated the rise of genomics and AI technologies
• Founded ARK Invest in 2014 with a focus on disruptive innovation
And now, she's made her boldest prediction yet:
"AI will give birth to a new class of trillionaires."
Not billionaires, but trillions.
She believes that we are in the midst of an unprecedented economic transformation.
And she's betting billions of dollars on:
1. Tesla: $2,600 price target (but for unexpected reasons)
Despite the recent volatility, Wood remains firmly committed to Tesla stock.
Her 5-year price target is $2,600 per share.
But the focus is no longer on electric vehicles.
Wood believes that 90% of Tesla's value in the future will come from driverless taxis.
She predicts that the global robotaxi market will reach $8 to $10 trillion.
"We believe that by the end of this year, Tesla's robotaxis will be at least safer than humans to drive with the help of AI."
2. AI Chips: The Battle for Infrastructure
Wood is adding to its positions in Nvidia and AMD. Why?
For every $1 spent on AI chips, a software company can bring in $8 in revenue.
She believes that these companies are the foundation for the development of AI:
NVIDIA's dominance in the field of AI chips makes it central to her AI investment logic.
AMD is seen as a significant challenger in the data centre and AI workload space.
Wood recently reduced his holdings on the surging Palantir,
But her focus remains on the companies that provide hardware for AI applications.
3. Healthcare AI: The Most Underrated Use Case
"Healthcare is the most underrated area for AI applications."
Wood is continuing to lay out in two directions:
• Tempus AI (Medical Diagnostics)
• Recursion Therapeutics
She believes that the cost of developing a new drug will fall from $2.4 billion to $600 million.
4. Software: Where growth accelerates
Wood believes that AI software will see explosive growth.
She focuses on Meta Platforms.
Reasons include Meta's user base and its leadership in AI models such as Llama.
Once the software is built, it can scale efficiently.
5. Bitcoin: A long-term vision
ARK has a long-term price target of up to $1.5 million per coin.
This prediction is based on the changing role of government and Bitcoin's potential as a digital store of value.
But what sets Wood's strategy apart is that:
"Artificial intelligence is the most powerful engine of change at the moment."
She predicts that GDP growth could double within 5 years.
The driving force is not consumption or credit, but the leap in productivity brought about by technology.
This opens up the possibility of growth and inflation controlling:
"We buy innovative companies when the market is down and hold them until they grow."
ARK recently bought more than $25 million in Roku stock.
Her investment credo is:
"Turbulent times will eventually become a big stage for innovation."
Wood believes that new companies are now being born with trillion-dollar market capitalisation.
Not ten years from now, but now.
Founders who can win in these markets need not only great technology,
It is also necessary to have innovative thinking that disrupts the times.
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