Cathie Wood sees BIG DISRUPTION for American Banks

ARK is a leading investment manager focused on disruptive innovation that is changing the way the world works.
ARK was formed to capitalize on the opportunities for excess returns created by companies benefiting from technological change.
Catherine D. Wood founded ARK in January 2014, after completing 12 years as the Chief Investment Officer of Global Thematic Strategies for AllianceBernstein managing over $5 billion AUM.
Cathie Wood is the current CEO and CIO.
DISCLAIMER:
The material and information presented in this video is for entertainment, and general information purposes only.
You should not rely on any of the information presented as a basis for making any investment decisions.
You should consult with an attorney or other professional to determine what may be best for your individual circumstances.

[@Itsuhsikhworld]

What she is saying makes absolute sense. And that is why companies like SOFI will be the future for banking and finance period.

[@ilijarajakovic4353]

Central Banks crushing the commercial banks with low/negative int rates, and most importantly small community banks which drive the real, productive growth and not financial speculation

[@luckerooni1153]

DeFi is becoming the small community bank because it has pays no rent beyond the servers and it can reach the entire distance of the internet. I bank with a brick and mortar credit union and I hope it survives but I don't see how it's possible in 15 years.

[@squpd2016]

yes. but old interview... btc at $10 at the time. clearly.

[@financialessence6823]

I think she is saying absolutely correct.

[@inspiredgalaxyresearch3782]

Informative

[@KP-yi4nu]

Is this interview over 3 years old?

[@guillermocrespo8144]

Banks are about calculating risks for lending money...not only payment intermediation. She is trying too hard to predict the future and we know how that can end...

[@qwertyqart]

*35,000

[@corcoranmagriproperties]

Digital wallets will be our future! 🔥

[@corcoranmagriproperties]

@Butch Michael 💪

[@pinkpanther9873]

#ipoe is going to destroy banks

[@Octovisuals]

Yet she doesn't see (or she has dark interests) the big bubble that Tesla is lately...

[@johntan2582]

well, that is why she out 10% cap. she is smart

[@yedeylp]

Banks yes, energy still is valuable if they use the oil money and invest it in green energy

[@adamheying1812]

Marcus offering 3%+ on deposit accounts? Nah - more like 0.50%. She’s way off base on that one.

[@justinharding2525]

old interview. This was probably 2017 or 2018 based on those interest rates

[@johnkalfman8927]

Bitcoin is the future ,investing in it now is the wisest thing to do now especially the current rise
Despite all the economic crisis this is the right time to start up an investment

[@kelvinsmith178]

Stocks are good but crypto is more profitable

[@christopherburks3120]

I wanted to trade crypto but got confused by the fluctuations in price

[@marionyepes9698]

That won't bother you if you trade with a professional like Mr Kelvin

[@davidwalters4541]

I heard that his strategies are really good

[@robertjames5377]

Yeah