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.
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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.
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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.
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