What is star-investor Cathie Wood investment philosophy for her disruptive technology investment fund Ark Invest? How does she think the world will look like in 30 years? Why is genomics one of the most interesting sectors to invest in, in the long run? What’s her opinion about the Chinese tech stock market, electric vehicles and bitcoin? All of that, you can get answers to in the recorded session below, where Wood is joined by Saxo Group’s CIO Steen Jakobsen and Head of Equities, Peter Garnry, to talk about her BIG IDEAS.
Highlights from the session includes Wood stating that we see five truly transformative innovation platforms evolving at the same time, which is a situation that’s bound to change the way we live. The closest to this was in the early 1900’s where telephones, electricity and automobiles together changed lives. The five platforms today are DNA sequencing, robotics, energy storage, artificial intelligence and blockchain technology.
On the back bone of this development, Wood believes that genome companies’ stocks are the most underpriced stocks out there, but in a sector, which will take time to develop. She also states that the technology that stands to make a more dramatic and sooner impact is autonomous taxis as she believes that markets are underappreciating the need to reduce accidents, as regulators’ want to save lives.
When looking at some of the more popular investment instruments, Ark Invest has a positive view on Tesla and believes that the company can gain a much larger proportion of the car industry than previously, going from believing that the company will sell a quarter all electric vehicle in five years, to sell a quarter of the entire car industry at that point in time. Wood calls Bitcoin the first global private, rules-based, monetary system, the world has ever known and calls it the first truly new asset class to invest in since the 1600s. She further notes that Bitcoin has immense growth potential on the back of, among other things, its growth potential in emerging markets.
To get more details on what the innovative stock-picker Cathie Wood says, check out the video above.Explore equities at Saxo