Investing at the cutting edge on innovation
The world is changing at a rapid rate – digital disruption will come – and those who back it should benefit big time!
Catherine Wood of Ark Invest puts her money where her mouth is – she looks at disruptive innovation in the public markets and invests at the cutting edge of Innovation.
Catherine speaking at the Morgan Stanley conference on Wednesday 5 June 2019
She relies on Wright’s law – where costs decrease and volume increase – and profitability emerges
Case in point calls and data – where mass usage has been able to drive the cost of calls to zero and create Unicorns such as Zoom!
These are some of the bleeding edge innovations that Ark Invest is backing
Blockchain – cryptos – Ark Invest is a backer of bitcoin – it should gain ubiquity with the advent of quantum computer power – last year $1.3tr of transactions, and each transaction had significant fees – there is an unmet need for x border transactions -and she expects bitcoin will drive these huge transaction fees to zero
Genome sequencing – developing cures
Ai , Robotics and Energy Storage – paving the way for ubiquitous Electric and self driving cars – autonomous taxi platforms $7tr by 2028 – she is backing Tesla – with 10pc of her portfolio committed to it – people are walking away – but she believes will be the best investment – She believes Tesla will have similar narrative as Amazon!
Win or lose – Ark Invest is up there in my estimation!