The Ark CEO sat down with Barron's to talk about AI, Elon Musk, and which disruptive companies she thinks the market is still undervaluing.
Cathie Wood is quite comfortable being the iconoclast. In fact, she wouldn’t have it any other way. In fact, she probably is incapable of being otherwise. Unconventionally is how she thinks, it’s her brand and it’s also her meal ticket—particularly when her stock picks are working.
A longstanding Tesla bull, Wood had perhaps surprisingly kind things to say about Elon Musk’s efforts at Twitter. She also spoke about crypto regulation, why Roku is misunderstood, and her latest thinking about AI.Cathie Wood: “Well, we are a great diversification strategy, if you want diversified innovation.
“Tesla is the biggest AI opportunity out there. It is the biggest artificial intelligence project in the world when it comes to autonomous taxi platforms. And it is selling for roughly, seven times, maybe it’s six times revenues now. So that’s a very good example and even, we think, the best example. But other software plays would include Twilio , which is selling at two to three times and Zoom , which is selling at roughly three times sales.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom SharesThe investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
Leer más »
Nvidia Stock Sold By Cathie Wood Ahead of Earnings, Buys More Zoom SharesThe investor's ARK Innovation Fund dumped the stock in January, missing out on most of the chip maker's meteoric 212% rise so far in 2023.
Leer más »
On eve of Nvidia results, Cathie Wood sells more stock in the chipmakerCathie Wood sold some of her remaining Nvidia stake after the stock surged on Monday.
Leer más »
On eve of Nvidia results, Cathie Wood sells more shares in the chip manufacturerCathie Wood sold some of her remaining Nvidia stake after the stock surged on Monday.
Leer más »
Why pencils are still so popular — billions a year are soldEven in a digital age, sales of the classic writing instrument have held steady and are projected to grow.
Leer más »
Why Fyre Festival 2 sold out is 'not surprising,' according to psychiatristPresale tickets for the follow-up to the notorious Fyre Festival have been snapped up. A psychologist tells Newsweek why people are willing to risk their money.
Leer más »