Login
Podcast Insider Logo

I asked Cathie Wood the question no one else will

by Hubspot Media

My First Million

Podcast Insider Logo

Get the full episode insights!

Enter your email below to get notified about more insights from:

My First Million

This episode is titled:

I asked Cathie Wood the question no one else will

Email

Notable Quotes

"You'll get what you want when you help other people get what they want."
"The world is moving so quickly today, it's not like it was in 1977."
Podcast Insider Logo

Get episode summaries just like this for all your favourite podcasts in your inbox every day!

Get More Insights

Episode Summary

In this episode, Cathie Wood, the CEO of ARK Invest, shares her career trajectory from working at McDonald's to managing billions in assets as one of the leading fund managers. Wood recalls her early experiences and the hustle necessary to break into the finance industry, emphasizing the importance of bringing new technology into investment practices. She details her structured research process, highlighting the distinct teams at ARK focused on various sectors like autonomous technology, AI, consumer internet, and blockchain. Wood explains ARK's unique approach of sharing research with the public, contrasting with traditional, closed practices in finance. The conversation dives into specific investments, including Tesla and NVIDIA, with Wood asserting their long-term potential in the context of upcoming technological revolutions, particularly in AI and robotics. She addresses criticisms about ARK's performance and explains her trading strategies, including rebalancing and taking advantage of market volatility. Finally, Wood discusses the future of autonomous driving and how it might reshape transportation markets, with estimates of immense revenue growth. The episode encapsulates her views on the intersection of innovation, investment, and the changing landscape of finance.

Key Takeaways

  • Cathie Wood's career path highlights the importance of hard work and seizing opportunities.
  • ARK Invest focuses on disruptive innovation while actively engaging with external experts for research and brainstorming.
  • Wood is optimistic about the future of AI and autonomous driving, predicting significant market changes and revenue opportunities.
  • Performance criticism is contextualized by Wood's long-term investment strategies and market dynamics.

Found an issue with this summary?

Log in to Report Issue

Built for solopreneurs, makers, and business owners who don't have time to waste.