Ms. Cathie you look absolutely beautiful in this video. I'm sure it's the extra confidence you exude in this video. You are my hero. Thank you for your good work and educating the people 🤌🏾🤌🏾
Yes great work. Talking about AI revolution while selling out of literally the most promising AI stock Nvidia right before its massive run. Such great foresight lol
ปีที่แล้ว +1
@@alextsukanov3536 After buying it at 4$ years ago.
Remember that she made a video on "defaang'd" suggesting faang stocks had been disrupted when they had actually bottomed out. Now, those stocks have rebounded magnificently but her investors did not benefit a little bit from the AI advancement. Ironically, she took that as a win as it becomes clear that AI which is one of the innovation themes in her fund will disrupt many industries.
You (besides Dave Lee, James Douma, Sandy Munro) changed my life with your „democratization of financial and technical knowledge“ based on your insights - I‘m so thankful 😊 Thank you Cathy and please keep going 👍🌻
notes for my future reference: The transitions in computing architecture over time are discussed, with a focus on the ongoing shift towards AI. The roles of hardware and software providers during these shifts are compared, noting that while hardware providers typically benefit initially, software and services companies generate more long-term revenue at higher margins. The potential of AI to increase productivity is emphasized, particularly among knowledge workers. It is suggested that by 2030, AI could generate over $100 trillion in value via productivity gains, with software companies capturing between 10-25% of this value. The contact center industry is highlighted as an example where AI can improve productivity, reduce costs, and enhance customer experiences. Companies like Tesla, Meta Platforms, and Google have designed their own AI chips, while Nvidia's hardware has received a high revenue multiple. Significant productivity gains are anticipated from AI, and stronger demand for AI is expected as companies seek to reduce costs. The video also delves into various economic indicators and market trends, including potential decreases in inflation, changes in monetary and fiscal policies, and the rapid decrease in AI training costs, among others. Contradictory economic indicators suggest a potential turning point in the economy. Moreover, the video explores the financial identity, MV = PQ, which describes the relationship between money supply, the rate of money turnover, and nominal GDP. It is suggested that a possible decrease in the velocity of money, due to the Regional Bank crisis, could lead to disappointing GDP growth. It is noted that cryptocurrencies, such as Bitcoin and Ether, have become "flight to safety" vehicles, comparable to gold. It is suggested that as AI grows more crucial, innovation may also be viewed as a flight to safety, potentially accelerating technological change.
I think if I remember right they have a 10% rule where they won't have a single stock be more than 10% of the portfolio. So if tesla surpassed the 10% limit they'll sale. Idk if that was the case this time around but it's something to keep in mind for the future
I don't know why people are confused about these employment numbers. It seems obvious: corporations are cutting hours (to avoid paying benefits and overtime, etc), so number of available jobs doubles. Household employment is down because people aren't able to find childcare outside the 9-5, so 1 person is required to work 2-3 jobs to subsidize this loss of benefits and overtime pay. The 'strong' employment numbers are a false flag. There will be a hard landing.
your right about the why but wrong about the "how" the high employment is more reflective of the record high people who exited the job market in 2020 21 due to early retirement and covid fears
so glad that cathy just made a brilliant investment decision by purchasing TSM stock, TSM has been ramping up its 5nm and 3 nm leading edge chips, which will help its customer like ADM / Nvidia to capture the majority of the AI chip market share.
I would love to be a fly on the wall when the team shares their findings with each other. I think I could watch that every day for the rest of my life.
Cathie is a great example of why you don't ever choose an actively managed fund and should go passive - psychological biases we all have means they take profits too early (Nvidia) and hold on to their losers for too long (Teladoc, Coinbase, Zoom etc.)
Market moved faster than they could react IMO. I think the bias came from reasonable factors such as Teladoc,Coinbase, and Zoom SaaS businesses that don't face genral supply chian crisis tha product business do.
I’m down 40-50% on my ARK funds. I believe her strategy works best in the early economic cycle ( as do all growth equities). If C is correct regarding a “ harder” landing that would be a time to rebuild the ARK funds. I own all but the space fund. My favs are the genomic and flag funds. I then like the automation and fintech funds next. I have also used her research to invest in some individual companies found in her funds. Good luck
Cathie started its deflation warning 2 years ago. The result: CPI +13.4%. It took 8 years previously. The 1/4 lost on NVIDIA that grew 3 fold in the 6 months afterwards. The “ARK interrupted” NASDAQ100 crushed the fund +272% vs +127% since the Nov 5, 2014 inception.
CW has her position, perspective and data. She has been wrong. Yet, to be fair she has been right. Unfortunately, she doesn't get much push back. Thanks for your analysis!
Interesting viewpoint and snippets of info. However, two important factors at play. Human behaviour trend has changed... If interest rates pause/drop buy the dip mania will continue. We can see the recent record hence s&p didn't hit the lows folks were expecting and valuations still high. Also, Fed and ECB will react very quickly to a financial crisis and easing will be back to compensate... So M will bump up as needed. Of course, the long term implications are obvious. Stagflation will persist.
She gives stupidly high target price to those companies owned by her fund. Therefore, Nvdia in compaison has much lower upside. LOL. For exmaple, she still believes that TDOC, ZOOM, ROKU, COIN will go ten-fold in five years time.
She already explained those companies and the purchasing and selling in a few videos. For example, she purchased NVDA at $5, why would you not sell and look for the next boom? Also, her other funds still hold NVDA.
There's a lot to consider going into this transition time. AI will (hopefully) make our lives more efficient. With it being said there are approx 50K AI startups going on now (and comparing this to the layoffs happening from AI replaced jobs), I wonder how this will factor into the employment/unemployment numbers...Much appreciate Cathie and her team's perspectives:)
Just trying to understand from a learning point a view. Is the gdp forecasted to be the 5-6%? And it not reaching that gdp due to velocity of money being potentially flat or declining. Basically gdp will be negative a quarter or two signaling that recession everyone’s expecting right? Help me out.
Cathie, can I urge you to pay attention to the effect of sharp advances of AI on startups that are focussed on youthful markets overseas? Eg Indonesia in #SpiceTradeAsia region?
I understand NVDA GREW what ARK wanted but this is just the beginning NVDA Could growth 2 to 3 times more in 5 years that's insane Growth , I believe PLTR will be my nest ROI long-term
I would like to challenge the flight to safety narrative with the notion that we are months away from the halving. There's a good chance what we are seeing, is just ppl buying in preparation for that
Tesla is building the robots. And NVidia is building the AI supercomputer that will go crazy sometime in the next decade or two. We just need to get the robots integrated with the supercomputer. This will be great. (Seriously, great work and I'll look forward to future episodes. Very thorough and concise at the same time.}
I’m curious…what do you believe in, exactly? Despite a massive rally in tech and “innovation” YTD, her ARKK fund is just barely above the March 2020 low. That is inexcusably poor performance. The *only* time her funds actually did well was during the everything bubble, in which everything she owned was propped up by stimulus. She talks about a “5-10 year time horizon”, only as an excuse to the performance. If she was just buying and holding, I’d cut her some slack, but she is randomly buying and selling, sometimes exiting positions completely, like a temperamental teen. How can an investment pan out after 5-10 years if she exists several months later at its ATL? Is impulsivity part of her 5-10 year plan? Not to mention, why is the ARKK fund currently down ~5% over the past 5 years. Virtually everything has outperformed her funds and the “be patient” mantra is evidently disingenuous considering how frequently she’s moving in/out of companies. So, what specifically about her actions gives you confidence in her as a fund manager? If it’s something as vague as “her vision”, you may want to ask yourself if you’re a victim of the sunk cost fallacy. Cathie is a smart individual, and I listen to these videos because I enjoy her perspective. That said, Ark are awful investors. Generally, their timing really couldn’t be worse, which is why they are the only ones getting rich here.
That happened to me with Moderna. You sort of start to wonder about the priorities of the universe. Maybe God wants to make sure we aren't corrupted by the mainstream?
Great point about the software companies that come on the back of the hardware companies and always end up outperforming them. Just got to figure out which stocks to pick up and drop NVIDIA for. Luckily I think there's going to be a good bit of time before that valuation shift happens to figure it out.
AI has been a buzzword since the 1960's, it is finally catching fire... I think a BIG market crash will come from an unforeseen event sooner than later. Hope for the best and prepare for the worst.
This woman at every turn preaches a five year time horizon for her strategy. Arkk has been in existence for close to 9 years and is underperforming the S&P 500. She has been preaching AI for years and has been underweight one of the most consequential AI companies in the world. Yet she is treated like an investment god! Smh
I appreciate for sharing nice insight. The ARK's videos in every months help me who are still a shareholder in your ETFs. Let u enjoy Happy weekend, Cahie Wood and ARK team. I think, in theses days, that very bad for last 2 years over is almost done. I predict that good reward will come to me and ark's shareholders within 1~1.5years. Bye~ Thanks Again~
I was hoping to hear a discussion of which stocks are good buys and which are losers. Instead it's primarily a discussion of what the Federal Reserve Board and Congress did to manipulate the economy.
Thank you Cathie. These videos are very helpful. Please keep making them as often as possible.
Ms. Cathie you look absolutely beautiful in this video. I'm sure it's the extra confidence you exude in this video. You are my hero. Thank you for your good work and educating the people 🤌🏾🤌🏾
Cathie, watching your presentation on AI and the summation of the markets was just magnificent. Thank you and please keep them coming.
Thank you very much Cathie and ARK team❤
That time of the month that so many of us look forward to. Love you Cathie and the ARK team for all the hard work you do and share with us.
This is so important viedo for people 🎉
Cathy your explanations are excellent, in all areas of the economy & Ai etc. Keep up the good work ,😊
The robots will never appreciate you as much as I do Cathie! Great work.
You are a robot
Yes great work. Talking about AI revolution while selling out of literally the most promising AI stock Nvidia right before its massive run. Such great foresight lol
@@alextsukanov3536 After buying it at 4$ years ago.
Remember that she made a video on "defaang'd" suggesting faang stocks had been disrupted when they had actually bottomed out. Now, those stocks have rebounded magnificently but her investors did not benefit a little bit from the AI advancement. Ironically, she took that as a win as it becomes clear that AI which is one of the innovation themes in her fund will disrupt many industries.
You (besides Dave Lee, James Douma, Sandy Munro) changed my life with your „democratization of financial and technical knowledge“ based on your insights - I‘m so thankful 😊 Thank you Cathy and please keep going 👍🌻
Awesome work 👌 thanks 🙏
It's always nice to hear you speaking about the market. Thank you Cathie!
No way 👎
Great insight as always. Thank you Cathy
Very comprehensive and informative talk. Please use some graphs to get your message across to us engineering type.
Thank you Cathie & ARK team
notes for my future reference:
The transitions in computing architecture over time are discussed, with a focus on the ongoing shift towards AI. The roles of hardware and software providers during these shifts are compared, noting that while hardware providers typically benefit initially, software and services companies generate more long-term revenue at higher margins.
The potential of AI to increase productivity is emphasized, particularly among knowledge workers. It is suggested that by 2030, AI could generate over $100 trillion in value via productivity gains, with software companies capturing between 10-25% of this value. The contact center industry is highlighted as an example where AI can improve productivity, reduce costs, and enhance customer experiences.
Companies like Tesla, Meta Platforms, and Google have designed their own AI chips, while Nvidia's hardware has received a high revenue multiple. Significant productivity gains are anticipated from AI, and stronger demand for AI is expected as companies seek to reduce costs.
The video also delves into various economic indicators and market trends, including potential decreases in inflation, changes in monetary and fiscal policies, and the rapid decrease in AI training costs, among others. Contradictory economic indicators suggest a potential turning point in the economy.
Moreover, the video explores the financial identity, MV = PQ, which describes the relationship between money supply, the rate of money turnover, and nominal GDP. It is suggested that a possible decrease in the velocity of money, due to the Regional Bank crisis, could lead to disappointing GDP growth.
It is noted that cryptocurrencies, such as Bitcoin and Ether, have become "flight to safety" vehicles, comparable to gold. It is suggested that as AI grows more crucial, innovation may also be viewed as a flight to safety, potentially accelerating technological change.
I think Woz has the best insight on AI. thanks Cathy, super interesting as always.
awesome update
1:01
4:23 out there
14:55 competition in hardware
22:19 technology
What is all the research for, when the stock is down so much?
Cathy is so fit it makes me self conscious..I'm 53..wish I was in that shape!!😂
Thanks Cathy. These video sessions are really informative and eye-opening. Please keep up the good work!
If Cathie wood would, i would too!, great insight, but cathie has been saying this for sometime which shows conviction!
Hi Cathie, whats the reason for ARK Investments recent sell off of tesla shares?
I think if I remember right they have a 10% rule where they won't have a single stock be more than 10% of the portfolio. So if tesla surpassed the 10% limit they'll sale. Idk if that was the case this time around but it's something to keep in mind for the future
Love you Cathie! Thanks for all you do!
I don't know why people are confused about these employment numbers. It seems obvious: corporations are cutting hours (to avoid paying benefits and overtime, etc), so number of available jobs doubles. Household employment is down because people aren't able to find childcare outside the 9-5, so 1 person is required to work 2-3 jobs to subsidize this loss of benefits and overtime pay.
The 'strong' employment numbers are a false flag. There will be a hard landing.
your right about the why but wrong about the "how"
the high employment is more reflective of the record high people who exited the job market in 2020 21 due to early retirement and covid fears
Great presentation as always
so glad that cathy just made a brilliant investment decision by purchasing TSM stock, TSM has been ramping up its 5nm and 3 nm leading edge chips, which will help its customer like ADM / Nvidia to capture the majority of the AI chip market share.
AMD?
I would love to be a fly on the wall when the team shares their findings with each other. I think I could watch that every day for the rest of my life.
It be great you could list the companies to invest in and help out the boys :D
Cathie is a great example of why you don't ever choose an actively managed fund and should go passive - psychological biases we all have means they take profits too early (Nvidia) and hold on to their losers for too long (Teladoc, Coinbase, Zoom etc.)
Best comment on this thread. Cathie Wood is trailing the index and will most likely revert to the mean. Most active managers underperform the indexes.
Market moved faster than they could react IMO. I think the bias came from reasonable factors such as Teladoc,Coinbase, and Zoom SaaS businesses that don't face genral supply chian crisis tha product business do.
Wonder if the credit card availability has changed how we look at the velocity of money since Paul Volcker?
I really enjoyed this episode! Thank you
Party On with Cathie Wood and Ark Invest🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳 and Palantir!🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉
Sells Nividia exactly before the pump. How’s that 5 year hold working out for you?
learn the difference between trading and investing
@@italianmiltyfriedman6264 learn the difference between winning and losing.
@@italianmiltyfriedman6264What’s the difference? New here.
Love it , future is always bright
How do you know it is a bubble? Crashy Woods is talking about it. She literally sold Nvidea.
I’m down 40-50% on my ARK funds. I believe her strategy works best in the early economic cycle ( as do all growth equities). If C is correct regarding a “ harder” landing that would be a time to rebuild the ARK funds. I own all but the space fund. My favs are the genomic and flag funds. I then like the automation and fintech funds next. I have also used her research to invest in some individual companies found in her funds.
Good luck
We love you Cathie you are great 🎉❤
Cathie started its deflation warning 2 years ago. The result: CPI +13.4%. It took 8 years previously.
The 1/4 lost on NVIDIA that grew 3 fold in the 6 months afterwards. The “ARK interrupted” NASDAQ100 crushed the fund +272% vs +127% since the Nov 5, 2014 inception.
CW has her position, perspective and data. She has been wrong. Yet, to be fair she has been right. Unfortunately, she doesn't get much push back. Thanks for your analysis!
Actually it was 3 years ago she was calling for deflation.
And yes, every Ark funds underperformed in long term.
@@phixit101 she's as right as a broken clock. Anyone can be right sometimes in the market. even a monkey.
Interesting viewpoint and snippets of info. However, two important factors at play. Human behaviour trend has changed... If interest rates pause/drop buy the dip mania will continue. We can see the recent record hence s&p didn't hit the lows folks were expecting and valuations still high. Also, Fed and ECB will react very quickly to a financial crisis and easing will be back to compensate... So M will bump up as needed. Of course, the long term implications are obvious. Stagflation will persist.
I hope she explains her Palantir buy and Nvidia sell…
Not just yet. Maybe in 2028 Unless it will expand into much larger company.
Palantir's product better be a competition beater because the ceo Karp drives customers and clients away.
She gives stupidly high target price to those companies owned by her fund. Therefore, Nvdia in compaison has much lower upside. LOL. For exmaple, she still believes that TDOC, ZOOM, ROKU, COIN will go ten-fold in five years time.
She already explained those companies and the purchasing and selling in a few videos. For example, she purchased NVDA at $5, why would you not sell and look for the next boom? Also, her other funds still hold NVDA.
“5 year time horizon”
Thank you Kathie and Ark team for this most valuable information.
I’m glad I did not give up on nvda!
I bet Cathie ain’t so glad she sold
There's a lot to consider going into this transition time. AI will (hopefully) make our lives more efficient. With it being said there are approx 50K AI startups going on now (and comparing this to the layoffs happening from AI replaced jobs), I wonder how this will factor into the employment/unemployment numbers...Much appreciate Cathie and her team's perspectives:)
Just trying to understand from a learning point a view. Is the gdp forecasted to be the 5-6%? And it not reaching that gdp due to velocity of money being potentially flat or declining. Basically gdp will be negative a quarter or two signaling that recession everyone’s expecting right? Help me out.
much appreciated, respect Cathie🙏
Thank you Cathie
Making good pts standing lowering interest to comparisons yielding higher
Cathie, can I urge you to pay attention to the effect of sharp advances of AI on startups that are focussed on youthful markets overseas? Eg Indonesia in #SpiceTradeAsia region?
Both AMD / Nvidia rely on TSM for AI chips, so TSM will be the real beneficiary
Yes, TSMC IS $104!!!!!
Cathy is my guru!
I understand NVDA GREW what ARK wanted but this is just the beginning NVDA Could growth 2 to 3 times more in 5 years that's insane Growth , I believe PLTR will be my nest ROI long-term
I would like to challenge the flight to safety narrative with the notion that we are months away from the halving. There's a good chance what we are seeing, is just ppl buying in preparation for that
Somebody please explain to me hand gestures the gang signs. Why was that picture chosen for every video what is she doing with her hands
Tesla is building the robots. And NVidia is building the AI supercomputer that will go crazy sometime in the next decade or two. We just need to get the robots integrated with the supercomputer. This will be great. (Seriously, great work and I'll look forward to future episodes. Very thorough and concise at the same time.}
Tesla's DoJo supercomputer will come online way sooner than Nvidia.
what is the basid for your thesis? Terminator 2? very thoughtful
@@stilllearning7434 Agreed, unfortunately, Super AI's don't move symmetrically
I'd love to hear from Cathy how demographics change (young population reducing compared to older population) plays in her analysis?
Who should lead the FED?
KATHIE OF COURSE ✌️✌️✌️✌️✌️✌️✌️✌️✌️✌️
Brilliant work Cathie !!!
Cathie talks a lot but her flagship fund trails nasdaq by a big margin since its inception in Oct 2014..
I believe in Auntie Cathie Wood.
Me2
I’m curious…what do you believe in, exactly? Despite a massive rally in tech and “innovation” YTD, her ARKK fund is just barely above the March 2020 low. That is inexcusably poor performance.
The *only* time her funds actually did well was during the everything bubble, in which everything she owned was propped up by stimulus.
She talks about a “5-10 year time horizon”, only as an excuse to the performance. If she was just buying and holding, I’d cut her some slack, but she is randomly buying and selling, sometimes exiting positions completely, like a temperamental teen. How can an investment pan out after 5-10 years if she exists several months later at its ATL? Is impulsivity part of her 5-10 year plan? Not to mention, why is the ARKK fund currently down ~5% over the past 5 years. Virtually everything has outperformed her funds and the “be patient” mantra is evidently disingenuous considering how frequently she’s moving in/out of companies.
So, what specifically about her actions gives you confidence in her as a fund manager? If it’s something as vague as “her vision”, you may want to ask yourself if you’re a victim of the sunk cost fallacy.
Cathie is a smart individual, and I listen to these videos because I enjoy her perspective. That said, Ark are awful investors. Generally, their timing really couldn’t be worse, which is why they are the only ones getting rich here.
great show!
Please give us more numbers instead of willy-nilly adjectives yes. Use CAGR!
Great content , keep going.
The irony. Focused on innovation and analyzed nvidia already 2014 and now sold it in the low 100s and missed the most important move.
A typical example that it is hard to time the market
Agreed, shes the dim light thats needs replacing
That happened to me with Moderna. You sort of start to wonder about the priorities of the universe. Maybe God wants to make sure we aren't corrupted by the mainstream?
Well actually I Nvidia has done multiple stock splits but hopefully you already put that in.
Cathie! I will be your gimp for 50,000 a year and invest it all into ARKK. Please and thank you.
Overthinking no good. Just buy and hold
What does a hard landing mean?
Great point about the software companies that come on the back of the hardware companies and always end up outperforming them. Just got to figure out which stocks to pick up and drop NVIDIA for. Luckily I think there's going to be a good bit of time before that valuation shift happens to figure it out.
Subtitles please ☺️ thank youuu
Turn on captions in youtube settings.
@@neilmac4730 it works now - i think it was off on OP side
Cathy deserves a ROLEX lady day date 18k rose gold with diamond dial & bezel .her choice of dial color,style ..
As an investor I love, love, love AI. As a human, I kind of hate it. Either way, AI is going to dominate well into the future.
Freudian slip: Is this the tell? Are these the guys who initiated trim in $NVDA?
Master of buy high sell low, respect.
I need 3.5% to be 💚 i believe in ark.
God bless you and America
Please talk more about the individual stock positions in your portoflio.
$PLTR 20-year head start and a potential winner!!!
Is that why Ark started to invest palantir?
Cathie, you have captured my imagination!
i am sorry you missed NVDA
Kathy please speak well on snowflake and c3ai so i can keep buying Palantir below 13.
Thank you so much for sharing, i have learned so much from you! thank you.
AI has been a buzzword since the 1960's, it is finally catching fire... I think a BIG market crash will come from an unforeseen event sooner than later. Hope for the best and prepare for the worst.
Momma Cathie
Excellent
Team Kathy
Alex Karp is the exact CEO they are talking about. All the companies they mention (even $TSLA) would benefit from using $PLTR!!!!
I wish Cathie would address the issues with DNA and the fraud speculation .. that would be helpful
This woman at every turn preaches a five year time horizon for her strategy. Arkk has been in existence for close to 9 years and is underperforming the S&P 500. She has been preaching AI for years and has been underweight one of the most consequential AI companies in the world. Yet she is treated like an investment god! Smh
Yes, 5 years time horizon from when?
This is vague
She has been saying 'my time horizon is 5 years' for 5 years it's a meaningless statement without having a baseline year.
she has outperformed me
@@italianmiltyfriedman6264 not me
@@TheTwoWhoWereTaken exactly, it's kinda like being bearish for 25 years. Eventually you'll be right.
I appreciate for sharing nice insight. The ARK's videos in every months help me who are still a shareholder in your ETFs. Let u enjoy Happy weekend, Cahie Wood and ARK team. I think, in theses days, that very bad for last 2 years over is almost done. I predict that good reward will come to me and ark's shareholders within 1~1.5years. Bye~ Thanks Again~
Palantir to da moooooooooom
The Truth is Stranger than fiction ........
I was hoping to hear a discussion of which stocks are good buys and which are losers. Instead it's primarily a discussion of what the Federal Reserve Board and Congress did to manipulate the economy.
so glad I dumped all my ark stocks when AARK was at 118 lmao
You missed the top by like $20 a share.
Disagree that its easier to integrate new ai features if a software is already embeded into an enterprise.
We love you Cathy.
NVDA NVDA NVDA and NO AMD???
be glad Cathie human spirit shines the biz as ai blinks eyes at you and say's sorry i have no feelings .. 🙏
TSLA 🚀