Casgains Academy presents the career of Cathie Wood. Cathie Wood was an economic analyst in the late 1970s and 1980s when there was high inflation. Many noted experts believed that high inflation was going to stay for a long time. Cathie predicted that high inflation would go away soon and she ended up being correct. Cathie Wood now manages the Ark Invest funds which have over $50 billion in assets.
Cathie saw the housing bubble in 2005 and 2006 but after underperforming with a derisked portfolio in 2006 changed back to high risk in 2007 so she underperformed in 2008. This experience has helped Cathie to prepare her innovation funds to prepare for crashes and have strategies to ride through crashes.
Cathie was in early in Bitcoin when it was at $250.
Cathie was early on Netflix and Tesla.
“Disruptive innovation focused strategies can be used as part of an investor’s long-term growth strategy, as a satellite strategy to diversify core portfolios, or as a hedge against rapid change. Over time, such a well-balanced portfolio should have the potential to deliver higher returns than risk-averse strategies,” explains Tom Staudt, ARK Investment Management’s COO.
Cathie has been investing in innovation before and through the rise of the internet.
SOURCES – Casgains Academy
Written by Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.