YouSaid · the spoken record

Cathie Wood

lines on the record: 114
first: 2025-06-05
most recent: 2025-06-05
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Well, when you're thinking about chip companies in particular, TSM is the platform for chip manufacturing. It doesn't matter who wins. We do think there are going to be many more competitors to NVIDIA. NVIDIA is still number one.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“We had invested in Twilio, they had a management turnover, so we moved away from that, but Palantier Yes, Palantier is a platform as a service company which we think”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Wants to become part of the new payments infrastructure and so is evolving strategies that way as well. We've gotten to know management very well. They fought the fight against regulators in a magnificent way and they have educated policy makers importantly who understand that this innovation, we almost lost this innovation to the rest of the world because of our regulatory stance. They've helped policymakers understand that, hey, this infrastructure is what developers did not build into the internet in the early 90s because they didn't know finance or commerce would take place. That's all this is. It's that simple, right?”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Coinbase is an exchange for digital assets and an increasingly derivatives. It has gone global. It just bought Derabit, which is the largest options exchange out there. And it owns a futures. So it's really going after the derivatives market where there's a huge amount of activity, which is fantastic because it's all legitimizing digital assets. And it is the most regulatory compliant exchange in the world. Binance is another major exchange, but has had more run ins with regulators around the world and really hasn't been allowed into the United States.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“It's a very big idea because it is a new asset class, it does represent a global monetary system unlike any other digital asset out there. It is backed by the largest computer network in the world, the layer one, which is the base layer, has not been hacked. Think about that. Since 2009, when it was released, not been hacked. How many systems can say that? And it is a technology. It is native to the internet. And again, Digital assets or any Bitcoin Ether Solana, all of them exist because they're vying to be the native currencies to the Internet and to enable smart contracts and really transform the financial services industry.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Exactly. Well, Bitcoin is, so stable coins are stable vis- ⁇-vis the dollar. Bitcoin is more of an investment because it does appreciate over time. Now you go through, it's volatile, no question, and that's the first thing people have to know about it. But it is becoming less volatile as more and more investors hold it.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes, yes. And then the very important use case that many people do not discuss is how important Bitcoin and stablecoins, which are backed by U.S. treasuries, are going to become to the emerging markets. In emerging markets, many of them are at the whim of policymakers who show no discipline in fiscal or monetary policy. And so they're used to going through booms and busts and booms and bailed out by the IMF, and they need an insurance policy.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Which, yeah, if people don't want to sell because Bitcoin's been awfully good and our forecast right now Bitcoin's around one hundred one hundred five thousand are forecast for twenty thirty is 1.5 million dollars. And we do that. The building blocks for that, the three biggest building blocks are institutional, which has barely started, store of value or digital gold, young people are much more comfortable with digital gold than gold.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“So institutions really just started considering Bitcoin because the SEC gave the green light to Bitcoin with the approval of the spot Bitcoin ETF in January of last year. And it takes a while for institutions to do their research and commit. And so they're just now committing, and there's only a hundred billion dollars of new market cap that is going to be created, whereas they have trillions of dollars under management. And so we think there will be a lot of incremental demand. And to satisfy a lot of that demand, someone's going to have to sell.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“There will be at the end of the minting process twenty one million. So we have only one million to go. One million would be, what is that? That would be a hundred billion dollars worth, a little more than that right now.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“No, it would be like stocks, bonds, commodities, real estate. This is a new asset class, and most people will agree with that. We did a study on it. If this asset does not perform like other assets. In other words, it provides diversification for funds. And because it is behaving differently, institutions have to consider it because they're competing against each other. And if one puts it in, they all know they're competing against each other, so others have to consider it. We're approaching twenty million Bitcoin outstanding.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes. So at this price, it's about a $2 trillion market cap. And so halfway to that original four and a half trillion, but our price target actually has expanded since then because it's not just a global monetary system. It is a new asset class. And that's a very big idea as well. What makes a new asset class? And we haven't had one truly since equities in the sixteen hundreds.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“So we couldn't buy it back then, but we finally got through the regulatory process, and we were able to put the New York Stock Exchange said, okay, you can put a one percent position in the portfolio. And it was of a grant or trust called GBTC. So we did, and we just never sold it. They didn't tell us we had to keep it at 1%.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“And Bitcoin's market cap or network value was six billion. And I said, OK, that's a very big idea. And we were trying to get it into our portfolios. Regulators were hesitant, but I bought it right then for myself and haven't sold it. And I'm very happy with it.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“We use every day to buy things. Store of value like gold, and unit of account. Would prices be quoted in terms of Bitcoin? Chris Bernisky was our first analyst on Bitcoin, wrote the paper, art read it, and added to it enormously in terms of economic theory, which was great for us. And then he said to us, he said, This is what I've been waiting for since the US closed the gold window in nineteen seventy one. A rules based global Monetary system, like Bretton Woods under the gold exchange standard, and I said art, that's a very big idea. How big is it? And he said, well, how big is the monetary base of the US? Back then it was four and a half trillion.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes, it was in the summer of twenty fifteen. We got in at roughly two hundred fifty dollars. Today it's hundred and four thousand dollars, I think, roughly. So we did get in very early, and we knew we were on to something really when people were making fun of us saying, okay, that's a marketing trick. You're new to our business and new to the new fund world. And you're trying to attract attention. And we were thinking, wow, they have no idea how much research we've done on this. And Art Laugher, my professor, again from USC, we had him read our first white paper on Bitcoin. Bitcoin, could it serve the three rolls of money, so means of exchange?”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“And yes, but when he is focused, you know it. I mean, people even look, there were many pictures of him, whether it was standing with other policymakers. And then he zones into something you know he's zoned in, and thinking about only that and a problem that he wants to solve”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“You know, though he says that he does sleep, I think he recommends, I think, if I'm right on this, getting seven hours sleep a night.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Life on earth as well because as we've learned from space history, what we learn about material science and technologies that help us break through into these very difficult problems to solve is going to help us here on earth as well. So I think he's a very good person and wants to do the right thing. If I had to describe him, that's what I say other than genius of our time.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“I think he's the Thomas Edison of our age in terms of his In innovative ingenuity, and I also think having met him a number of times, I think he's a very good person. He wants to do the right thing. If I had to say one thing, he wants to do the right thing to transform the lot of most of humanity. And he started with Tesla, SpaceX and Tesla. Tesla, you know, was an environmental move, which I think a lot of people attacking his cars, who are probably very supportive of the environmental movement, they've forgotten. Sending a rocket to Mars with humanoid robots and ultimately people, he thinks will transform.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Oh yes, we did actually. Our first podcast with him was in 2019. During production hell And we were so happy. So as you know, we have a social strategy. So we push our research out through social media as we give it away. Or as we're evolving it. And he liked a piece of research that Tasha Keeney had put out on autonomous back then. And I was on a phone call. I couldn't get off. But I heard this whooping and screaming through the office.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Elon's way of managing his companies is to attract the best and the brightest, not only scientists, engineers, but also business people. These are people who want to solve the hardest problems in the world. He sets a timeline that seems reasonable to him for milestones to occur. And he doesn't interfere unless they start missing those milestones or the timing of those milestones. Then he gets involved, and that's where you hear he'll go in and he'll just fire people wholesale and, you know, and, you know, get the program going again. And he's done that certainly at Tesla. He's done that at all of his companies. And so he's really troubled. Once he understands and has set a strategy, he then becomes troubleshooter in chief.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Well, of course I'm happy about it, but I have, with the exception of this political dynamic, I don't think that Elon not being there on a day to day basis is what has caused the problem in the first quarter. It was much more macro. We had a negative quarter in real GDP growth in the first quarter. So macro, which is hitting everyone, and the overlay of this political dynamic, the news cycle, thank goodness, moves fast, and so we'll be through that, I think. And by the way, there are news reports even this weekend saying those who were feeling about him, you know, as it relates to Doge and one party are having a change of heart because tax rates are going to come down because we're being more disciplined on the government spending side.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“it in the FDA, how they're starting to use AI. It's phenomenal what's happening. So the question I usually get, so I'm very happy that half of the solution is understanding the problem, that someone is in there with that focus and determination. He, of course, has said he's stepping away this month as a matter of fact, to spend more time with his companies.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes, I think that surprised him. So I have many thoughts about this. Our government has become so bloated. It is scary and our indebtedness is growing. And if we want to remain the reserve currency of the world, we're at risk of losing it. And on our tail is the whole digital asset world, right? Government spending is taxation. It's either taxation that's going to happen immediately or will happen in the future, or will happen through inflation, which is the most regressive tax at all. So I think the sentiment was right in terms of getting in there and seeing what technology can do for the government, which is really what's happening.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“This is where young people, and I'll say young people are spending more than half of their discretionary, their free time online. And so property ownership online is becoming more important. It's being legitimized by the way people are spending their time.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“At the same time vibe coding Is booming. So I think what's going to happen, and this will be very healthy for productivity, we're going to have a lot more experimentation and people taking risks on themselves. And maybe this idea of a corporation as we know it is going to change radically. You know, crypto is enabling distributed autonomous organizations, just like Bitcoin. There's no one governing it, right? It's a distributed network. And, you know, let's see how these do and how Vibe coding and AI integrate into the crypto, and I'm going to stop calling it crypto because it really should be called digital assets world, which legitimizes it more. Crypto sounds nefarious. Digital assets”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“They come out of the labor force and the generations following them are smaller even now what's happening is we're passing through the baby boom echo meaning the children of the baby boom that cohort was I don't think it was any bigger than the baby boom population so”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“In five or ten years, let's assume we don't have a policy mistake and a recession. So just study state. I think it will be the same or lower. And most of this is because those baby boomers are.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“DNA sequencing, which was the base technology, we needed that before CRISPR gene editing could be created. We needed to be able to understand what was mutating in the genome, where the programming errors were so that gene editing could come in and edit out those programming errors.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“There wasn't before 2014 when we started ARC, much on autonomous mobility or evitales, or for that matter AI. AI had become science fiction. There weren't any breakthroughs in recent years. But then we got some breakthroughs. So Wright's Law is the first figure out that cost curve decline and see how quickly the technology can proliferate across sectors. That's the other criterion here. The technologies that we are following are going to cut across economic sectors and apply to more than one group of people. And then the third is that these technologies serve as launching pads for new technologies.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“And we think about that all the time. So AI can use pattern recognition. It's all based on history, right? It can use pattern recognition, maybe, to do what we're doing. What are the three characteristics that define an innovation platform for us? The most important one is they follow something called rights law, which measures the learning curve, how fast the costs are going to decline with this new technology. Technology is deflationary, costs fall over time, and they're passed through into lower prices, or better performance one or the other. That is the most important. A machine can figure that out, I'm sure. But asking the questions are going to be important.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“I think in order to earn a place in the New World, you've got to add a lot of value, more value than a machine can. So in our case, we're saying, okay, well our stocks are not in those benchmarks. And therefore, you know, we are doing original research trying to figure out who they are and where they are, these companies that are going to transform the world.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Well, and maybe she's not if people decide to do it on ChatGPT. But if they want to be with a group of women and learn from an expert whom they respect, there's as much the social experience that's going to become more important. Relationships are going to become more important. Many people in our business, I think, are going to be out of jobs because the business has become really nothing I shouldn't be this disrespectful and it's not quite right at all. So many are just hugging benchmarks, whether it's S&P 500 or MSCI World or the Nasdaq, that a machine can do that easily, and that is what passive investing is, is machines doing it.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Outreach, because we think this is a very important moment in time, sees the moment, grab hold of these new technologies, because that growth rate is more than twice where we've been. And if you are on the right side of change, we think the opportunities are going to be enormous. Investment opportunities and job opportunities.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“If as we look forward based on the five innovation platforms around which we have centered our research and investing, if we're right real GDP growth in the next five years could accelerate to seven point three percent. And that gives you a sense of the economic activity, wealth generation out there. And when we are presenting to investors, we are actually presenting to them not only because they're investors, but because they have children or grandchildren who need to adapt to this new world. And our mantra in giving away our research, which we do, is get on the right side of change. We also do podcasts. We try a lot of...”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes, absolutely. Productivity is going to be essential. So as we're looking at real growth ahead, and when you think about real growth, you should be thinking, okay, somebody's benefiting from this. And I'm going to set up the number here by describing what has happened historically. If you look from 1500 to 1900 and you try and figure out what real GDP growth was back then, real economic growth, as best as Brett Winton, our chief futurist in consultation with academics can determine. It was roughly zero point six percent per year. And then we had the industrial revolution. The internal combustion engine, telephone electricity. And for the past one hundred and twenty five years, real GDP growth has been three percent, and most living standards have gone up over time. Some more than others, I know that's a debate, but most have gone up.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“You know, it's interesting that this is happening when the demographic profile of the developed world is as it is. We have a very low unemployment rate in the US. I know the unemployment rates in Europe and the UK have been dropping to much lower levels than where they were stuck for years. I remember thinking, wow, double digits. We have a demographic issue. I mean, if you watch what Elon Musk worries about the most, he worries about the population implosion because collapse. Collapse in population in the developed world because we're not producing children above the fertility rate. We are setting up for a shrinkage with China is going there, Japan is going there. And so we're going to Need productivity to help us if we can't find human beings.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Vibe coding means you know a natural language I know we all know a natural language ours is English for the most part but can be any language We're going to be able to go to chat GPT or especially now they just launched I think last week something called Codex Replit anthropics fantastic for programming and we'll say this is what I'm attempting to do in English language and I've seen demos of this just internally we're going to replace some of our software that we're buying from outsiders and customize it for us because you know we don't have to buy off the shelf anymore one size fits all I think there's going to be a lot more customization and personalization and creativity explosion here”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“So, you know, the history of technology is that it has been a net job creator throughout history, but humanoid robots are getting awfully close to what we do, right? So it's a good question. I think creativity is a big part of that ingenuity and creativity. And, you know, I think there's going to be a lot of new inventions in the future. So let's see what those are. But even today, there's something called vibe coding. Have you heard of it? Okay, because we've moved into the world of natural language programming.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes. And just to put a finer note on this, Elon will not be satisfied until these robots can thread a needle. So that's where we're going.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Yes, yes. Now, when we went to the cyber cab event, there were some humanoid robots dancing there, but they were tethered and they were remotely controlled. Now, cyber cab, I think, was about a year ago. Yes, maybe. So since then, they've been able to untether them. And I do believe that that dancing robot was not tethered and not remotely controlled.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“So Tesla's way ahead of the game on humanoid robots, and yet we have very little. Now Elon thinks that the humanoid robot business is going to dwarf the robotaxi business. And we think he's right, but longer term. So as I mentioned, we expect all in around the world, including China, not just Tesla, but the entire ecosystem, and eight to ten trillion dollars market in the next five to ten years. For humanoid robots, we expect a 26 trillion dollar revenue market. Now, that's going to be a little further along. Robotaxis will happen faster, but it may not be as distant as we were once thinking.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“This can happen a lot faster. One other thing about Tesla, though, in that twenty six hundred dollars number, we do not include much for humanoid robots. Now, and this is happening faster than we thought. And the reason it's happening faster is humanoid robots. They are the convergence of the same three technologies or innovation platforms as robotaxis. Robots, robotics. So actuators and so forth getting them to work. Energy storage battery operated and AI.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Now when I'm here in the UK and Europe, many people do not believe what you just said. And they don't because your regulators have not allowed FSD here. I think they might somewhere in Europe, I think they're beginning to consider it. Maybe even in the UK here they are considering it. In St. Petersburg, Florida, where we're based, I can go from my house to anywhere and flawlessly the car will take me there. Now, we still have to sit in the driver's seat for now, but in June or soon thereafter, when they turn the system on if regulators permit, right now we're state by state, I think that's going to change so that we'll have federal regulation.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“It probably could. It could be a, you could subscribe to the network, or they could, you know, maybe it could be either or subscription or a la carte if you don't think you're going to use it that much.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“Could create a reusable rocket that could land on a barge in the water, he would be able to figure out how to produce at scale the model three. That was to us a simple conclusion. Now in hindsight as we're learning from Tesla, production hell and they themselves were worried. That's why Elon slept on the floor in the production factory and just became maniacally involved, which is how he works. So yes, and now our prediction, the stock is I'm not going to be exactly right on this two hundred seventy, two hundred eighty dollars. Our prediction in five years is twenty six hundred percent of that value comes not from the electric vehicle, but from This Robotaxi platform because the electric car, if you think about it, is a one shot sale, sell and hope they come back when they're replacing their car.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“We were right about two early years, or Tesla got to where we believed it would go two years before most expected. You know, in 2018 and 19, many people, as Elon was discussing and describing production hell for the Model 3, many people thought the company would go bankrupt. And yet we knew that if Elon Musk was”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“with one treatment. Think about that. Now the preconditioning for that is gruesome. It involves, it's almost like chemotherapy, which is going to change. But nonetheless, there's huge demand for it because, you know, these people go to the emergency room ten to twenty times per year for blood transfusions to save their lives. Of course they're going to go through a tough regimen. They want to live a more normal life. So it's already generating revenue. Both of those are already generating revenue for CRISPR therapeutics and a company called Vertex.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT
“And maybe even before stage one, why? This is the convergence of sequencing technologies, so DNA, RNA, protein sequencing technologies, and then the third technology that is breakthrough and already making a difference is CRISPR gene editing. The convergence of those three technologies is beginning to cure disease. So a company called CRISPR Therapeutics, which is one of the largest in our ARKG fund, and in the top ten in our ARKK fund, has developed a therapy to cure sickle cell disease and beta thalassemia, both of those are blood-related diseases.”
2025-06-05 · The Diary of a CEO · World's No.1 Investing Expert: The Big Shift Is Coming And This Investment Could Be 15x in 5 Years! - Cathie Wood · IDENTIFIED FROM THE TRANSCRIPT