yea was just thinking that, the fact that she takes the time... THE VALUABLE TIME.. to do this for everyone speaks volumes about how honest and committed she is to not only her company and the investors, but being geared for the future as well. What a legend.
@@brandaccount5941 To be open source, we would have to have access to all of ARK's research work (= programmig code), but I understand where u coming from.
1. Forgiveness of Payroll tax cut could be deferred until next year. 2. Monetary policy - J Pow focused on employment, and inflation. Doesn't matter if inflation goes higher than 2% as long as average makes up for lost time. Not going to react. If inflation drops below 2%, then they will react - having the stock market's back. 3. Economic indicator (1st friday of every month) 14.7 to 8% unemployment rate. V-Shape recovery. Household employment - small businesses are getting back to work. Work week went up 0.1 hour. 3/10 of an hour increase in manufacturing. (Scrambling to keep up with demand, companies need to catch up; consumer are coming up flying) 4. Housing start increasing Y-o-Y mid-20% range; lumber prices triple; mortgage rates bottoming out. Raw material cost are going up. People are jumping to buy houses. 5. New auto sales come back strongly than anticipated. In 2017, peaked towards 95 million car sales. Probably go down to 50% because of ride hailing/autonomous - need fewer cars on the road. 6. ISM manufacturing sector moved up above 50%. New orders surged to 67.6% - haven't seen this number since Dec 2003. 7. Inventory rates liquidated at second quarter - down 1.2% or 12% annualized rate; big liquidations in manufacturing and wholesale. Retailers are replenishing their shelves. Won't be pulling at supply chain as hard. 8. Saving rate peaked at 34% in April. Before it was 8% pretty high. Saving rate is now down to 17%, which is double pre-COVID. (Pent up demand in SERVICES [largest part] and goods) 9. GDP is $21 T, consumer net worth is at $124 T (assets above liabilities). Some companies are catering to shareholders (buying back shares) instead of investing in the company itself. 10. Net outflow $350B of equities, and Bonds have inflowed. Bonds are overvalued (less upside); equities. 11. Yield Curve positively sloped. Good for financial stocks. Expect yield curve to flatten/invert because of deflation from technology. 12. Junk bonds tight spread. Looking for move up, so bond investors are demanding more from junk bonds than treasuries. Red flag. 13. Dollar is going down. for emerging markets with debt denominated in USD, economic recovery should spread out to rest of world. 14. Relationship between Gold and USD has broken - watch out for. Lumber and copper has gone up and extremely strong. CU levels havent' seen since 2018. 15. Flair up in COVID in schools - children sent home from school could burden families. Fear after election we won't know who is president - uncertainty. In 2016 was tech/telecom bust, so more uncertainty then. Some people pulling chips off the table. We are in strong economy pulling into the election. Don't think it will be like 2016. 16. 26 x PE - capped out. 20-21 future PE. If 10-year interest rate is below 5% in the next 5 years, 4-5% nominal GDP growth. Reasonable multiple: 1/4 or 1/5 is 20-25 PE; If normalize growth rate is at 2-3% because of technology, deflationary pressure; it goes to 33 to 50 PE (high multiples - had to adjust in SaaS 2.0 stocks). COVID has accelerated innovation and expect deflationary pressure, leading to high PE. market shake out/correction is healthy and test where our PE or bottom will be. Exciting times!!
Whenever I lost in confidence in my arkw and tsla holding, I watch cathie videos. It motivated me to look at the long term potential instead of short term fluctuations. Thanks!
@@kaiboon2146 arkw focuses on internet innovation while arkk has broader portfolio including genomic revolution. Both are equally good I believe. But arkw has more companies whose products I use daily including facebook, sea and spotify. Hence I hold arkw.
What course sir? Tbh I've learned alot from all of her videos and it's great because same and more than I lreaned in uni.. looking forward to intern but I'm still diploma .. any recommendation sir?
Wan Muhammad Zakwan Wan Mohd Nasir sorry, it’s just my own opinion by comparing those analysts who appear on tv shows and published papers and Cathy. I’m not qualified to make any recommendations :)
I love Cathie Wood Huge fan!!! Love listening to this great innovative woman she runs circles around the rest. I am glad to have someone that understands and can see into the future the disruptive companies that are shaping the new investment strategy. She is the Elon Musk of Investing.
Thanks Cathy for this video. You have such a unique voice in the financial reporting media. As a long term investor, I can't find anything even close to your clear detailed long term analysis. I appreciating your patient to explain the analysis in a clear way and lengthy way. I feel I can make so much better decision with the information you provide.
I really appreciate hearing from ARK and Cathie today. I sold 1 share of ARKF and 1 of ARKK when the market plummeted this morning. Bought shares of SQQQ, and then repurchased ARK after the drop slowed. 1 share of ARKG and 1 share of ARKW. I only have $750 invested, so I really believe in your analysis and think ARK has the most to offer me, someone born into the working class and who is now a professional. I don’t have a silver spoon, but can see the value in the calculated risk ARK has created by focusing on innovation. Hearing from Cathie today is reassuring. Thank you.
Cathie is such a breath of fresh air. Everyone else just talks about numbers and fancy charts with very little substance. All of her information sounds incredibly well-researched.
Sure. They are of different times and probably use different metrics when judging stocks (tech vs durables). I wonder if Buffett has adjusted to the modern futurist like Wood is.
In a really stressful week for all our portfolios thankyou for this! Reminding us to stay for the long. You’ve changed a lot of our lives Cathie. Also thankyou all of the Ark team for speaking up for social issues too, much appreciated.
Chamath is a know all and at times arrogant if you watch him on CNBC. Cathie is more down to earth. But none of them even come close to Warren Buffett and should not even be mentioned in the same breath.
@@amdistant5547 Which century are you investing in? Total 5 Year return BRKB 68%, SPY 94%. ARKW 400%. Berkshire could've bought the whole of Tesla with a 1/4 of its cash pile in 2019; $30B. Didn't buy Amazon until 2019. Didn't deploy cash in March/April when Fed took action to backstop the stock market. BRKB 2Y underperform SPY by 18%.
better off buying single stocks. ETF can't perform like the best individual stock. If you look at the ETF portfolio, there's literally like 50 different company stocks in them. You move faster with individual stocks
As a young starting investor, I find so much value in these type of videos. Thank you very much Cathie for sharing your thoughts and knowledge and thanks Ark for providing these videos.
I admit I am one of those new investors on robinhood. So thankful I didn't sell and held. Was my first red dip and this was a good lesson! Next time ill leave some back up money to buy more when things drop
Don't make the mistake of selling when the market is down, fearful, and pessimistic, and then buying when the market is up, greedy, and optimistic. Nobody ever made money that way. The other thing is to allocate your money in a way that makes personal sense to you and you alone. How much cash do you want? How much gold? How much in the disruptive innovation (Ark-funds) sector? How much in international and foreign markets? How much in each of the traditional stock market sectors? How much in fixed income? How much in real estate? How much in alternative investments such as art, rare books, jewelry, restored cars, fine wine, aged cigars, etc.? Create your own personal sleep-at-night allocation model and try to hold to it.
Nonduality - Agree. The proper time to sell was last week at the peak. I personally believe that the disruptive innovation sector could easily come down another 50%. Yes, ARKK could easily hit $46 per share I believe. That said, unless you need the money for something else, I think it makes sense to continually buy shares of ARKK on a weekly or monthly basis. 5 years from now I believe these shares will be $150, so paying $87 really isn't such a bad deal. And the cheaper it gets, the better the deal you get.
Blue Sky Or you can simply sell all of it now and buy it cheaper at a later date. Averaging down isn’t that much fun, as you still have lots of trapped money at the higher levels.
How are you? I don't understand 100 percent of what you say, but what I feel in your voice during this difficult time is that I feel trusted, confident, and very professional. I'm very happy that what you're doing seems to be doing for this society where we live while making money. You keep us informed, and I hope everyone lives happily together. Personally, I don't know how hard it was. I respect you a lot.Thank you.
@Nosferatu Zodd the options play forced the contract writers (banks) who were market making to buy stocks for hedging delta to stay neutral. I'm not sure but this might have been tens or hundreds of billions of $ worth by them all focused into a handful of top tech stocks, which had to have been sold off when the decline started. Plus all that demand ended as the play finished
@Nosferatu Zodd you know that 4 billion in call options can leverage around 400 billion in shares? If you buy 4 billion in calls you can force the option sellers to delta hedge 400 billion in shares and with gamma increasing alongside this can lead to a positive feedback loop way beyond that. Market makers make money on spreads and premiums and don't want to be exposed to the inherent risk of the underlying blowing up their derivatives. Such massive purchases by whales can have real implications for the market at large, especially when you have retail piling in and riding the wave. Options are insanely leveraged derivatives and financial nuclear warfare. That's a completely different ballpark to stocks.
Shvabicu Great points. I was an options market maker for Susquehanna, and people always underestimate the market impact of heavy options activity, especially when it’s so one-sided in spec buying of upside calls.
I love that Cathie's office shelves celebrate history, family maybe, tradition, the classical, art and her business focus is razor sharp on the future and disruptive innovation 👌
@@Jaytraveler2 Yeah, just realised I had this video open last night when I fell asleep and resumed watching in the morning, but the timestamp on your comment was of last night's. I added a bit as well and will continue using cost averaging.
I am one of those new investors you speak about. 30s/IT professional. This is a great time for innovation, and your company has me hooked. I invested in ARKK a few weeks back. Thank you for so much information!
Cathie is the role model of a truly excellent investment manager - she is open, fair, accurate, caring, and most important of all, she discloses all her thought process to all her fund clients in public in an equitable way, which has never been the case in investing. This originates from her own conviction, which ultimate originates from her decades of excellence in this business. There is nothing more that she needs to act to prove than her own beliefs and convictions at this stage of her life, and we are lucky enough to onboard!
Thank you Miss. Wood for your videos, it's very refreshing to see an actual CEO of a company come on here a talk with the public and give us your perspective. I love it and admire you very much!! You are highly intelligent and a wise lady. Looking forward to all your other videos:-)
Thank you being present during the drops. I live in NZ with Jacinda as Prime Minister. She is very present during down times, and has guided us brilliantly through covid19, despite what Trump would have you believe. It is comforting to see strong leadership through tough times....not just through the booms.
What has Jacinda done so far during Covid-19? Lockdown the economy and make people bankrupt. People are suffering in NZ because of bankruptcy of business. There is nothing to be proud of. NZ had geographical advantages, lower population- still we couldnt keep out covid. How do you think the billions of dollars being handed out will be replenished. Wait after election for tax increase. P.S: i live in NZ too, its not shiny as what media presents. Govt is short sighted and populist, just want to please people in election times
AceNz noone can prevent a global pandemic. She did what was humanly possible and yes, there was a cost. A cost which could have been a lot worse had she not shut down the economy. I am not saying she is a god or a magician, just that she has done her best with a bad situation, and that best was better than most.
Nanci Butler she has not done the best, is the point. Her government did a terrible job securing the borders from start, lack of testing of frontline staff and choosing lockdowns as a way to slow the spread. Other country with similar geographical advantage is Taiwan- it has done far better than NZ and continuing to do so. Their economy hasn’t been pulled into recession like us!
I’m new to ARK and learnings about investing as quickly as I can. This is by far the most informative and digestible market analysis ive seen. Thank you so very much and please keep educating the small investors such as myself. Brilliant video.
If you would be kind enough to spend 10 minutes every week to cover TSLA. That would be great for us individual investors who bought in because of ARK's quality research
Amen 🙏 brother! Preach the TSLA gospel and our $25k x share target. May our new Jesus “Cathie Woods” part the seas and show us the way to our TSLA promised land 🚀🚀🥂🥂🥂
Thank you Cathie, you are a great teacher and speaker. As a newbie to investing, I actually understand the bigger picture better when you speak. I appreciate that you keep it simple, so EVERYONE regardless of experience can learn something. 🙏
This vision on the future is so spot on we are in the transition age times 1000 what was happening in 1990s ARK/Cathie has it right. Dinosaur investing is over.
We can’t? :( never tried because I like individual stocks but if I wanted diversification I would just buy ARK Is it different than buying stocks? I could buy stocks from different exchanges I think, from US too. But also never tried.
The unemployment dropped to the single digits, however I’m concerned a percentage of those jobs are part-time government jobs. Did you guys separate jobs by sectors to get a better understanding of where the jobs are being created?
Of the 1.371 million people who returned to work in Aug., 344,000 or 25% of them took government jobs. Since most of these jobs are non-productive, the cost of employing these workers is actually a drag on the economy, as it drains resources away from more productive private use. (From Tweet by Peter Schiff)
My company used slack. Very good tool, It WAS the best application out there however it’s not a difficult application to replicate and companies have quickly caught up. We moved to Microsoft Teams. I was reluctant in doing so, but it is actually BETTER and is fully integrated in to O365. I loved slack, but I’m Not sure I’d be investing in slack. Don’t understand that move by ARK.
@@theirishhammer9108 Besides lacking barrier of entry for competition. Slack also has issue converting free customers to paid. That's pretty important too.
C'mon. You're smarter than this. Regarding the unemployment numbers, my girlfriend took a Census job. She gets maybe 20 hours per month and that job won't last much longer. From CNBC: "Government hiring helped boost the total, with the growth of 344,000 workers accounting for a quarter of the monthly gain. Most of that hiring came from Census workers, whose rolls increased by 328,000."
Thank you Cathie for the info! I put $57,000 into Tesla starting back in February and I’m so glad I did. My friends thought I was nuts! I’m holding for the long term.
it's not a get rich quick field, there is lots of learning and most often you'll learn from mistakes, so trade a little bit large and lose small at first.
Cathie that was a brilliant analysis of the economic timeline by you and your staff. Thanks 🙏. I increased ARK ETFs by 20% recently and now allocate 38% of my entire portfolio to ARK long term.
Alright Kathy as a lay person I cannot keep this bottled up anymore. Yes it is anecdotal but so is you going to your grocery store. I cannot find any negatives for the economy I am in. So I can only guess that we have 2 parallel economies. The one that I and all the people I talk to live in, and the one that hides from me but is on the news 24/7. If I want windows, stoves, dishwashers, anything for my rentals it is a 2 month wait. A friend just ordered a swimming pool, they can't get to it til March. Help wanted signs are everywhere. May, June, and July were the best months EVER for businesses in my coastal town. Yes I am not speaking for urban areas but wherever I travel, including outlet malls in the south, business is good. I guess where I am going with this is all the positivity and v shaped recovery talk of yours I am seeing at the grass roots level. Yes prices are rising but for now the momentum seems unstoppable. Thanks for all the information you make available for the casual observer.
Cathy, you are such a GENIUS! my inspiration and motivation, excellent points, to Tesla long term- I was about to sell some this month and now I think I will think twice about it and others.. and just overall the way you share and explain your research and the market correction... has been a true Blessing to me! So thank you so so much and you too Have a wonderful Labor Day weekend!
Hi Cathie, I follow every one of your "In the Know" talk. Very helpful! Thanks! A little suggestion, if you could project the charts or figures while you were talking about the economics numbers, it's gonna help me a lot. Thanks again!
Thank you for the great video Cathie. Good overview of the economic data and the recent correction. Great explanation on why PE’s may have structurally increased. Thank you
I bought tesla the evening before it all started falling last week and ARKK the week before. I'm hurting, nevertheless holding. Thanks, Cathie. You're awesome!
Thanks Cathie and Ark invest for such great information. This is such great content. Way better than an economic class at a world class university. Thanks so much for sharing
18:20 The part about where Cathy says US consumer assets vs liabilities, I just checked the US debt clock and US national assets vs unfunded liabilities = 126: 154. So not really sure where she is getting that US assets are > liabilities
Thanks Cathy. You are so thorough with ur analysis. Great insights. I look forward to ur updates. Thanks for ur services and please keep enlightening us.
Before I even listen. Before I even am influenced by what Ms. Wood will say - having only just very recently learned of her at all - before that I need to say that regardless of what anyone says or thinks or believes...things change. And today our energy is changing...our politics are changing...our computations are changing...our very communication form, intent and content are changing. Our very brains are changing. And "God" willing, our "thinking" is changing. Now that I've stated the obvious, everyone watching this today knows full-well, that we are emerging from one and too another - on almost unimaginable levels; certainly not so soonly anticipated. (In many ways "Thank you Covid" for this perverse demand upon us all.). So everything Ms. Wood is sharing is unquestionably correct - at least to some degree. Perhaps much more "correct" than not. So that is and should be the take-away; that these things ARE happening. Once dispensed with the necessity to waste ANY time or thought on the "contrarians," that much more of our attention and imagination can be devoted to "...the outcome rather than the motive." With that in mind, I will now listen to Ms. Wood with the knowledge that her compass is pointing in the right direction. Maybe now the exact declination at any given time, but most certainly - the "right" direction. Peace.
Cathie you might want to raise your computer up higher so that you are looking into it from a more natural conversational angle. Thank you for your videos I hang on your every word!
Of all the big guns on Wall Street (El-Erian, Gundlach, Dalio, Buffett, etc), Cathie Wood has had the most accurate view of what is happening now and what will happen next. Her insight surprised me. Now I pay close attention to what she says.
Is anybody even participating in this payroll tax deferral? I'm seeing a lot of big companies and payroll processors saying "no thanks" to that headache. I'm also advising clients to avoid the program until there's better guidance offered.
Federal employees don’t have a choice to opt out. I am participating by default. I usually have a tax refund that covers what I’ll get so I’m using the little extra money to invest more.
Tells you how smart those analysts are... It's common knowledge the democrats are actually better for the stock market and have consistently been better for domestic fiscal policy, et. al. the budget........read some history....
Well, that was pretty much the opposite of what other people on TH-cam have been saying.... which is why this is so valuable, and I have more homework to do
![LAVROV's interview with Tucker CARLSON 😁 [Parody]](http://i.ytimg.com/vi/mbMemqc-QEk/mqdefault.jpg)
![NISAMANEE - TADA (ท้าดา) [ OFFICIAL MV ]](http://i.ytimg.com/vi/hcQHEPMmJpU/mqdefault.jpg)
These videos are absolute gold - it’s literally a free consulting meeting with a CEO. Mad.
yea was just thinking that, the fact that she takes the time... THE VALUABLE TIME.. to do this for everyone speaks volumes about how honest and committed she is to not only her company and the investors, but being geared for the future as well. What a legend.
We live in the day of the online influencer. Kind of like modern day prophets, if enough people listen it becomes self fulfilling.
Speaking of Gold, who is buying and where is it going?
And it's Cathie to boot.. She's the Queen of investing in my eyes.
@@brandaccount5941 To be open source, we would have to have access to all of ARK's research work (= programmig code), but I understand where u coming from.
1. Forgiveness of Payroll tax cut could be deferred until next year.
2. Monetary policy - J Pow focused on employment, and inflation. Doesn't matter if inflation goes higher than 2% as long as average makes up for lost time. Not going to react. If inflation drops below 2%, then they will react - having the stock market's back.
3. Economic indicator (1st friday of every month) 14.7 to 8% unemployment rate. V-Shape recovery. Household employment - small businesses are getting back to work. Work week went up 0.1 hour. 3/10 of an hour increase in manufacturing. (Scrambling to keep up with demand, companies need to catch up; consumer are coming up flying)
4. Housing start increasing Y-o-Y mid-20% range; lumber prices triple; mortgage rates bottoming out. Raw material cost are going up. People are jumping to buy houses.
5. New auto sales come back strongly than anticipated. In 2017, peaked towards 95 million car sales. Probably go down to 50% because of ride hailing/autonomous - need fewer cars on the road.
6. ISM manufacturing sector moved up above 50%. New orders surged to 67.6% - haven't seen this number since Dec 2003.
7. Inventory rates liquidated at second quarter - down 1.2% or 12% annualized rate; big liquidations in manufacturing and wholesale. Retailers are replenishing their shelves. Won't be pulling at supply chain as hard.
8. Saving rate peaked at 34% in April. Before it was 8% pretty high. Saving rate is now down to 17%, which is double pre-COVID. (Pent up demand in SERVICES [largest part] and goods)
9. GDP is $21 T, consumer net worth is at $124 T (assets above liabilities). Some companies are catering to shareholders (buying back shares) instead of investing in the company itself.
10. Net outflow $350B of equities, and Bonds have inflowed. Bonds are overvalued (less upside); equities.
11. Yield Curve positively sloped. Good for financial stocks. Expect yield curve to flatten/invert because of deflation from technology.
12. Junk bonds tight spread. Looking for move up, so bond investors are demanding more from junk bonds than treasuries. Red flag.
13. Dollar is going down. for emerging markets with debt denominated in USD, economic recovery should spread out to rest of world.
14. Relationship between Gold and USD has broken - watch out for. Lumber and copper has gone up and extremely strong. CU levels havent' seen since 2018.
15. Flair up in COVID in schools - children sent home from school could burden families. Fear after election we won't know who is president - uncertainty. In 2016 was tech/telecom bust, so more uncertainty then. Some people pulling chips off the table. We are in strong economy pulling into the election. Don't think it will be like 2016.
16. 26 x PE - capped out. 20-21 future PE. If 10-year interest rate is below 5% in the next 5 years, 4-5% nominal GDP growth. Reasonable multiple: 1/4 or 1/5 is 20-25 PE; If normalize growth rate is at 2-3% because of technology, deflationary pressure; it goes to 33 to 50 PE (high multiples - had to adjust in SaaS 2.0 stocks). COVID has accelerated innovation and expect deflationary pressure, leading to high PE.
market shake out/correction is healthy and test where our PE or bottom will be.
Exciting times!!
@Sunny K Wu
Thanks so much for the Cliff Notes!
Thank you.
Thanks！
Great summary. Thank you.
Great job, thanks.
Whenever I lost in confidence in my arkw and tsla holding, I watch cathie videos. It motivated me to look at the long term potential instead of short term fluctuations. Thanks!
@@kaiboon2146 arkw focuses on internet innovation while arkk has broader portfolio including genomic revolution. Both are equally good I believe. But arkw has more companies whose products I use daily including facebook, sea and spotify. Hence I hold arkw.
@@kaiboon2146 I also have ARKK because it's more diversified ,with the biotech/genomics. Both very Long term look good
David Ctw you use sea limited daily?
@@opencase9903 yes I'm in Singapore. I use shopee. Shopee is good but I'm not sure how it's compared with amazon usa or other e-commerce
@@opencase9903 SEA Limited owns Shopee. Shopee and Lazada are popular in Singapore. But Shopee has a competitor in Lazada, which is owned by Alibaba.
This half hour video is worth one semester of college financial classes. Thank you! Cathy
What course sir? Tbh I've learned alot from all of her videos and it's great because same and more than I lreaned in uni.. looking forward to intern but I'm still diploma .. any recommendation sir?
Wan Muhammad Zakwan Wan Mohd Nasir sorry, it’s just my own opinion by comparing those analysts who appear on tv shows and published papers and Cathy. I’m not qualified to make any recommendations :)
TH-cam > college
@Ziggi Mon which of her assertions are you taking issue with, sir?
Market Correction at 25:40
thank yooou
I love Cathie Wood Huge fan!!! Love listening to this great innovative woman she runs circles around the rest. I am glad to have someone that understands and can see into the future the disruptive companies that are shaping the new investment strategy. She is the Elon Musk of Investing.
@Susan Ananda pure nonesense.
@@cryptojebb468 nice fake account troll
Cathie is the 3rd most important woman to me, after my wife and mom
I'm right there with ya. She is a gem
Same.
Mom, Kathie, wife.. 🤷🏻♂️
@@american5564 hahahaah good one
Definitely right
Thanks Cathy for this video. You have such a unique voice in the financial reporting media. As a long term investor, I can't find anything even close to your clear detailed long term analysis. I appreciating your patient to explain the analysis in a clear way and lengthy way. I feel I can make so much better decision with the information you provide.
I really appreciate hearing from ARK and Cathie today. I sold 1 share of ARKF and 1 of ARKK when the market plummeted this morning. Bought shares of SQQQ, and then repurchased ARK after the drop slowed. 1 share of ARKG and 1 share of ARKW. I only have $750 invested, so I really believe in your analysis and think ARK has the most to offer me, someone born into the working class and who is now a professional. I don’t have a silver spoon, but can see the value in the calculated risk ARK has created by focusing on innovation. Hearing from Cathie today is reassuring. Thank you.
All the best Bill.
Where can I buy?
Cathie is such a breath of fresh air. Everyone else just talks about numbers and fancy charts with very little substance. All of her information sounds incredibly well-researched.
The Queen has spoken
0:39 "pause"
My exact thought before even opening the video 🤣
You jock!
Long Live the Queen !
Kathy keeps my Tesla “high”in check...
Cathie is the next Warren buffet!
She would be better than Buffet if she managed the fund personally instead of as a manager with rules.
Bigger
In 5-10 years she’ll be better than Buffet easy.
Yo if Birkshire B was managed by her ill jump in.
Sure. They are of different times and probably use different metrics when judging stocks (tech vs durables).
I wonder if Buffett has adjusted to the modern futurist like Wood is.
When Cathie Wood talks, everybody listens... There is no one like it.
All this wisdom , shared for free .
In such humble way .
Thank you .
it's a luxury to have Cathie, a lot better than Jim Cramer lol
WHY COMPARE? more view points the better
@@mdo5121 I agree Jim is not bad if you are paying close attention and have a mind of your own🤣
Cramer can be a little crazy and annnoying but he's totallly in the Tesla bull camp now and is on the side of the small investor
to even mention his name along side her makes me gag a little.
@@mdo5121 ppp0p⁰pppppppppppppp
In a really stressful week for all our portfolios thankyou for this! Reminding us to stay for the long. You’ve changed a lot of our lives Cathie. Also thankyou all of the Ark team for speaking up for social issues too, much appreciated.
if you'r long term why are you even stressed out over the dip for? I play day and swing trading and i'm not even stressed out.
but she sell her share ok she made millions
Cathie is the best together with Chamat from Social capital. They are the next Warren Buffett and Peter Lynch. Congrats👏👏👏👏
Chamath is a know all and at times arrogant if you watch him on CNBC. Cathie is more down to earth. But none of them even come close to Warren Buffett and should not even be mentioned in the same breath.
@AM Distant Buffett is not doing well in 2020 and Cathie is killing it Buffett has lost his touch
@AM Distant Buffett is betting against America by buying gold miners and investing in Japanese stocks
Everybody laughed like hell at Warren when he sold all his airlines recently. He obviously lost his touch. Nobody laughing now
@@amdistant5547 Which century are you investing in? Total 5 Year return BRKB 68%, SPY 94%. ARKW 400%. Berkshire could've bought the whole of Tesla with a 1/4 of its cash pile in 2019; $30B. Didn't buy Amazon until 2019. Didn't deploy cash in March/April when Fed took action to backstop the stock market. BRKB 2Y underperform SPY by 18%.
I buy some Ark stocks when it’s high. I buy some Ark stocks when it’s low. I buy them when I have the chance to. Consistency is the key.
That may be the wisest strategy.
Time in the market is better than timing the market
better off buying single stocks. ETF can't perform like the best individual stock. If you look at the ETF portfolio, there's literally like 50 different company stocks in them. You move faster with individual stocks
@@alexng4 which stock do you have that made you the most $ since the crash?
@@masonsoutdoorsportsmenadve4933 are you referring to the March crash?
As a young starting investor, I find so much value in these type of videos. Thank you very much Cathie for sharing your thoughts and knowledge and thanks Ark for providing these videos.
Cathie Wood is a beautiful and intelligent woman. She is a financial super hero!
Beautiful as personality I hope?
@@cosminmihai6553 - She's 64. She's well better than average for her age.
@@JohnBowl14690 warren buffet is then also a beautiful man. i don t want to be mean
I ♥️ Kathy, she speaks in very clear economic terms without being condescending, and analyzes the whole market in a way even I can understand.
Best 33mins for financial updates of the month!! Thanks Cathie!!
I admit I am one of those new investors on robinhood. So thankful I didn't sell and held. Was my first red dip and this was a good lesson! Next time ill leave some back up money to buy more when things drop
Every time someone buys ARKK an angel gets it’s wings.
Don't make the mistake of selling when the market is down, fearful, and pessimistic, and then buying when the market is up, greedy, and optimistic. Nobody ever made money that way. The other thing is to allocate your money in a way that makes personal sense to you and you alone. How much cash do you want? How much gold? How much in the disruptive innovation (Ark-funds) sector? How much in international and foreign markets? How much in each of the traditional stock market sectors? How much in fixed income? How much in real estate? How much in alternative investments such as art, rare books, jewelry, restored cars, fine wine, aged cigars, etc.? Create your own personal sleep-at-night allocation model and try to hold to it.
I like the way you think. That’s my mindset as well.
Exactly...The words of Warren Buffet: "Buy when others are fearful and sell when they are greedy".
All in TSLA!! Lol
Nonduality - Agree. The proper time to sell was last week at the peak. I personally believe that the disruptive innovation sector could easily come down another 50%. Yes, ARKK could easily hit $46 per share I believe. That said, unless you need the money for something else, I think it makes sense to continually buy shares of ARKK on a weekly or monthly basis. 5 years from now I believe these shares will be $150, so paying $87 really isn't such a bad deal. And the cheaper it gets, the better the deal you get.
Blue Sky Or you can simply sell all of it now and buy it cheaper at a later date. Averaging down isn’t that much fun, as you still have lots of trapped money at the higher levels.
How are you?
I don't understand 100 percent of what you say, but what I feel in your voice during this difficult time is that I feel trusted, confident, and very professional. I'm very happy that what you're doing seems to be doing for this society where we live while making money. You keep us informed, and I hope everyone lives happily together. Personally, I don't know how hard it was. I respect you a lot.Thank you.
Can you comment on how Softbank bought billions in tech options that may have distorted the market
@Nosferatu Zodd the options play forced the contract writers (banks) who were market making to buy stocks for hedging delta to stay neutral. I'm not sure but this might have been tens or hundreds of billions of $ worth by them all focused into a handful of top tech stocks, which had to have been sold off when the decline started. Plus all that demand ended as the play finished
@Nosferatu Zodd you know that 4 billion in call options can leverage around 400 billion in shares?
If you buy 4 billion in calls you can force the option sellers to delta hedge 400 billion in shares and with gamma increasing alongside this can lead to a positive feedback loop way beyond that.
Market makers make money on spreads and premiums and don't want to be exposed to the inherent risk of the underlying blowing up their derivatives. Such massive purchases by whales can have real implications for the market at large, especially when you have retail piling in and riding the wave.
Options are insanely leveraged derivatives and financial nuclear warfare. That's a completely different ballpark to stocks.
Shvabicu Great points. I was an options market maker for Susquehanna, and people always underestimate the market impact of heavy options activity, especially when it’s so one-sided in spec buying of upside calls.
What I like about Cathy is she is a great teacher. I learnt more in this video about economics than in a long long time!
When Cathie speaks I listen. Thanks again for the insight! Have a great weekend!!!
I love that Cathie's office shelves celebrate history, family maybe, tradition, the classical, art and her business focus is razor sharp on the future and disruptive innovation 👌
just bought some more ARKK, love these podcasts and your leadership
"just".... on a Saturday?
@@konquestador no silly, Fri during market hours
@@Jaytraveler2 Yeah, just realised I had this video open last night when I fell asleep and resumed watching in the morning, but the timestamp on your comment was of last night's. I added a bit as well and will continue using cost averaging.
@@konquestador Yes! Dollar cost averaging works🤔We're in the same boat 😉
FNGU > ARKW > ARKK
I am one of those new investors you speak about. 30s/IT professional. This is a great time for innovation, and your company has me hooked. I invested in ARKK a few weeks back. Thank you for so much information!
This lady’s going to make us rich.
jesus gonzalez “has” for some already
She just said "don't worry stay in long term", she is a long term investor, so as mean people as she can convince to stay in benefits her.
Stupid rich!
BenD D what
TH-cam Cult Destroyer what
It’s incredible to be able to learn from one of the most brilliant investing minds of our century! Gotta love TH-cam and Cathie!
Cathie is the role model of a truly excellent investment manager - she is open, fair, accurate, caring, and most important of all, she discloses all her thought process to all her fund clients in public in an equitable way, which has never been the case in investing. This originates from her own conviction, which ultimate originates from her decades of excellence in this business. There is nothing more that she needs to act to prove than her own beliefs and convictions at this stage of her life, and we are lucky enough to onboard!
Thank you Miss. Wood for your videos, it's very refreshing to see an actual CEO of a company come on here a talk with the public and give us your perspective. I love it and admire you very much!! You are highly intelligent and a wise lady. Looking forward to all your other videos:-)
Hey Cathy, thank you for these monthly talks! Great insights as always!
The "Alma Matter" of innovation. I always enjoy her insights.
Timing with these videos is unbelievable
TSLA didn’t get in to S&P, look out. Monday morning will be an opportunity to get back in my ARKK W and F
You mean Tuesday, Monday is Labor day...
Thank You,
From upper management.....
Monday will be UGLYING
@@blaurence4123 not really. Monday is labor day.
The weak ones will be weeded out. No worries for ppl with long time horizon.
Good luck with that one!
Thank you being present during the drops.
I live in NZ with Jacinda as Prime Minister. She is very present during down times, and has guided us brilliantly through covid19, despite what Trump would have you believe.
It is comforting to see strong leadership through tough times....not just through the booms.
You are very lucky Nanci - I live ‘across the ditch’ and we are all in awe of Jacinda’s amazing leadership. Respect! Swap with ScoMo? Lol
Unfortunately trump is a chump, and has done a horrible job in the circus he’s created! Cathy is who everyone should be listening to.
What has Jacinda done so far during Covid-19? Lockdown the economy and make people bankrupt. People are suffering in NZ because of bankruptcy of business. There is nothing to be proud of. NZ had geographical advantages, lower population- still we couldnt keep out covid.
How do you think the billions of dollars being handed out will be replenished. Wait after election for tax increase.
P.S: i live in NZ too, its not shiny as what media presents. Govt is short sighted and populist, just want to please people in election times
AceNz noone can prevent a global pandemic. She did what was humanly possible and yes, there was a cost. A cost which could have been a lot worse had she not shut down the economy. I am not saying she is a god or a magician, just that she has done her best with a bad situation, and that best was better than most.
Nanci Butler she has not done the best, is the point. Her government did a terrible job securing the borders from start, lack of testing of frontline staff and choosing lockdowns as a way to slow the spread. Other country with similar geographical advantage is Taiwan- it has done far better than NZ and continuing to do so. Their economy hasn’t been pulled into recession like us!
I’m new to ARK and learnings about investing as quickly as I can. This is by far the most informative and digestible market analysis ive seen. Thank you so very much and please keep educating the small investors such as myself. Brilliant video.
Cathie Wood is so articulate! How refreshing to listen to someone who doesn't begin every sentence with "Soooo...."
No, she starts every sentence with "uh-uh". Very refreshing.
Too many "uh-uh" between words and that was all I could focus on.
1000 thumbs up! The oracle of tech investing has spoken. The calm and collected voice we need amidst seas of volatility.
Humble reminder: You are actually addressing an international audience. Please allow captions in your videos so youtube can display subtitles. Thanks.
This channel has turned to be one of my favs
If you would be kind enough to spend 10 minutes every week to cover TSLA. That would be great for us individual investors who bought in because of ARK's quality research
@Ah Millionaire have any in mind?
TH-cam is drowning in info on Tesla.
I'm sure she will cover it more, once they have some important news or other changes in the company.
Amen 🙏 brother! Preach the TSLA gospel and our $25k x share target. May our new Jesus “Cathie Woods” part the seas and show us the way to our TSLA promised land 🚀🚀🥂🥂🥂
Best source is podcast Tesla news daily.
If you are buying tsla for long term, it shouldn't be watched ever y weak
Thank you Cathie, you are a great teacher and speaker. As a newbie to investing, I actually understand the bigger picture better when you speak. I appreciate that you keep it simple, so EVERYONE regardless of experience can learn something. 🙏
This vision on the future is so spot on we are in the transition age times 1000 what was happening in 1990s ARK/Cathie has it right. Dinosaur investing is over.
Thank you for sharing your thoughts with us Cathie! I fully belong to the ARK Investing School, nothing else -- Who else is part?
We need to be able to buy ARK in Europe, please.
Was told by a British brokerage platform that Ark isn't available because it doesn't produce a Key Investment Information Document - KIID.
@ me too, bro.
have you tried IG, you can get it there
I'll try
We can’t? :( never tried because I like individual stocks but if I wanted diversification I would just buy ARK
Is it different than buying stocks? I could buy stocks from different exchanges I think, from US too. But also never tried.
Cathie Wood's insights are like food for the investing soul.
The unemployment dropped to the single digits, however I’m concerned a percentage of those jobs are part-time government jobs. Did you guys separate jobs by sectors to get a better understanding of where the jobs are being created?
Dam didn’t think of it that way ,great analysis 👍
Yeah they're prob census workers or election employees or something like that
Where did u get this from?
Of the 1.371 million people who returned to work in Aug., 344,000 or 25% of them took government jobs. Since most of these jobs are non-productive, the cost of employing these workers is actually a drag on the economy, as it drains resources away from more productive private use. (From Tweet by Peter Schiff)
Fake news! The real unemployment rates are being kept quiet until the elections are over! Our real unemployment rate is massive.
She cares about investors of ARK.
Agree. I hope she never sells out.
@@cryptojebb468 - Nice. But you are NOT the real ARK Invest (Cathie Wood). Besides, ARK doesn't recommend trading on a regular basis.
Slack technologies is now in your top 10 positions, it will be good to have 1 video from ARK team on it..
Not anymore, ARKK just sold off 18% 1.3M shares on Friday
The Slack position is the only thing I don't understand in ARK. Slack has been the favorite go to short for so many....
My company used slack. Very good tool, It WAS the best application out there however it’s not a difficult application to replicate and companies have quickly caught up. We moved to Microsoft Teams. I was reluctant in doing so, but it is actually BETTER and is fully integrated in to O365. I loved slack, but I’m Not sure I’d be investing in slack. Don’t understand that move by ARK.
@@theirishhammer9108 Besides lacking barrier of entry for competition. Slack also has issue converting free customers to paid. That's pretty important too.
Thx Cathie, these videos are a true public service! You have no idea how many clueless people I speak with who think another crash is in the cards.
C'mon. You're smarter than this. Regarding the unemployment numbers, my girlfriend took a Census job. She gets maybe 20 hours per month and that job won't last much longer.
From CNBC: "Government hiring helped boost the total, with the growth of 344,000 workers accounting for a quarter of the monthly gain. Most of that hiring came from Census workers, whose rolls increased by 328,000."
Thank you so much for taking the time out to provide us this extremely insightful synopsis.
Great update from one of the best investors in the market these days.
Thank you Cathie. I appreciate you taking the time to release another one of these videos. Amazing insight 🙏🏿
It astounds me how little attention land usage for unused parking gets.
Thank you Cathie for the info! I put $57,000 into Tesla starting back in February and I’m so glad I did. My friends thought I was nuts! I’m holding for the long term.
Put some gains into arkk and other undervalued company, you'll get huge potential gluck 💪🏻
Wan Muhammad Zakwan Wan Mohd Nasir, I think will. Thank you so much!
Great video, I think Bitcoin is becoming the business of the day after all💯💯
Really is!!
@Chris Smith Do you think I need a professional to do that
The world is becoming fully aware of the relevance of bitcoin
Been a BITCOIN trader for a few years now with Mr. Thomas Roger trading for me, and this what you should know:
it's not a get rich quick field, there is lots of learning and most often you'll learn from mistakes, so trade a little bit large and lose small at first.
Thank you for taking the time to create this video series... truly appreciated!!!
She did call TSLA to 2k+ about a year or so ago on CNBC and I thought that was insane yet here we are...I'll follow her to the moon again.
Cathie that was a brilliant analysis of the economic timeline by you and your staff. Thanks 🙏. I increased ARK ETFs by 20% recently and now allocate 38% of my entire portfolio to ARK long term.
Amazing. Thank you so much for the monthly talks!
Alright Kathy as a lay person I cannot keep this bottled up anymore. Yes it is anecdotal but so is you going to your grocery store. I cannot find any negatives for the economy I am in. So I can only guess that we have 2 parallel economies. The one that I and all the people I talk to live in, and the one that hides from me but is on the news 24/7. If I want windows, stoves, dishwashers, anything for my rentals it is a 2 month wait. A friend just ordered a swimming pool, they can't get to it til March. Help wanted signs are everywhere. May, June, and July were the best months EVER for businesses in my coastal town. Yes I am not speaking for urban areas but wherever I travel, including outlet malls in the south, business is good. I guess where I am going with this is all the positivity and v shaped recovery talk of yours I am seeing at the grass roots level. Yes prices are rising but for now the momentum seems unstoppable. Thanks for all the information you make available for the casual observer.
Cathie Wood, please run for President. PLEASE!
Cathy, you are such a GENIUS! my inspiration and motivation, excellent points, to Tesla long term- I was about to sell some this month and now I think I will think twice about it and others.. and just overall the way you share and explain your research and the market correction... has been a true Blessing to me! So thank you so so much and you too Have a wonderful Labor Day weekend!
This was an extremely information dense video and relatively easy to follow considering how much ground is covered.
The best analysis of economy and markets I´ve ever found here. Thanks so much for sharing your knowlegde!
the only "guru" i'll listen to
Hi Cathie,
I follow every one of your "In the Know" talk. Very helpful! Thanks!
A little suggestion, if you could project the charts or figures while you were talking about the economics numbers, it's gonna help me a lot.
Thanks again!
Thank you for sharing
大妈加油
MARA stock going to $40 soon. Buy now while it's still cheap ↗↗👆📈
Thank you for the great video Cathie. Good overview of the economic data and the recent correction. Great explanation on why PE’s may have structurally increased. Thank you
Cathie, you are absolutely amazing! Thank you for sharing your insights. Thank you for being a role model for my daughters.
I bought tesla the evening before it all started falling last week and ARKK the week before. I'm hurting, nevertheless holding. Thanks, Cathie. You're awesome!
Been waiting a long time for this. Thank you!
Simply an incredible view and understanding of the current state of the economy. Spoken in terms that are understandable and lucid. Thank you!
You’re brilliant!! All in on ARK !
Thanks Cathie and Ark invest for such great information. This is such great content. Way better than an economic class at a world class university. Thanks so much for sharing
Thank you again for the market update. Long ARKG!
yes very very very long
18:20 The part about where Cathy says US consumer assets vs liabilities, I just checked the US debt clock and US national assets vs unfunded liabilities = 126: 154. So not really sure where she is getting that US assets are > liabilities
Thanks Ms. Cathie! Awesome market insights! You rock!
Thanks Cathy. You are so thorough with ur analysis. Great insights. I look forward to ur updates. Thanks for ur services and please keep enlightening us.
1st :) thank you Cathy... very informative as always.
I’m in the ARKK, ARKG, & ARKQ for the long haul, thanks Cathie and your team!
me too but entry in high point
@Larry Yoshinaga I have ARKK ARKW ARKG ARKF and WKHS from ARKQ I did not see the need to own it fully
Before I even listen. Before I even am influenced by what Ms. Wood will say - having only just very recently learned of her at all - before that I need to say that regardless of what anyone says or thinks or believes...things change. And today our energy is changing...our politics are changing...our computations are changing...our very communication form, intent and content are changing. Our very brains are changing. And "God" willing, our "thinking" is changing.
Now that I've stated the obvious, everyone watching this today knows full-well, that we are emerging from one and too another - on almost unimaginable levels; certainly not so soonly anticipated. (In many ways "Thank you Covid" for this perverse demand upon us all.).
So everything Ms. Wood is sharing is unquestionably correct - at least to some degree. Perhaps much more "correct" than not.
So that is and should be the take-away; that these things ARE happening.
Once dispensed with the necessity to waste ANY time or thought on the "contrarians," that much more of our attention and imagination can be devoted to "...the outcome rather than the motive."
With that in mind, I will now listen to Ms. Wood with the knowledge that her compass is pointing in the right direction. Maybe now the exact declination at any given time, but most certainly - the "right" direction.
Peace.
I work for a large home builder in Florida and the cost of lumber has really gone up, supply can’t keep up with demand.
Cathie you might want to raise your computer up higher so that you are looking into it from a more natural conversational angle. Thank you for your videos I hang on your every word!
Glad I wasn’t the only critic here. 😂
Transparency promised, transparency provided. Thank you.
Hi Cathy, 5-10 minutes video every week please. Thanks
Of all the big guns on Wall Street (El-Erian, Gundlach, Dalio, Buffett, etc),
Cathie Wood has had the most accurate view of what is happening now and
what will happen next. Her insight surprised me. Now I pay close attention
to what she says.
she is a joke compared to people you mentioned
Is anybody even participating in this payroll tax deferral? I'm seeing a lot of big companies and payroll processors saying "no thanks" to that headache. I'm also advising clients to avoid the program until there's better guidance offered.
My company also seems to be avoiding
Federal employees don’t have a choice to opt out. I am participating by default. I usually have a tax refund that covers what I’ll get so I’m using the little extra money to invest more.
Daniel Gordon *refund
Lovely lady spreading wisdom to our world. Love her videos so much.
I bought Arkk before correct tion, loss now. good to watch the video
will go up
Should have bought more. It’s was 10% off.
Thank you Cathie for these videos, they are very informative!!!!
I have talked to over 10 investers and bankers, they all (except 1 who wasen't quiltet sure), said "pray to a Trump win if you are in stocks !!
Tells you how smart those analysts are...
It's common knowledge the democrats are actually better for the stock market and have consistently been better for domestic fiscal policy, et. al. the budget........read some history....
Well, that was pretty much the opposite of what other people on TH-cam have been saying.... which is why this is so valuable, and I have more homework to do