The Coming Bitcoin Surge w/ Cathie Wood | EP #88
Вставка
- Опубліковано 9 чер 2024
- In this episode, Peter and Cathie dive into investing in exponential companies, Bitcoin's role as a new asset class within a global monetary system, the potential of artificial general intelligence (AGI), and the convergence of technologies like AI, robotics, and biotechnology.
Cathie Wood is the founder of the $60 billion Investment Management firm ARK Invest, a key figure in the investment landscape for disruptive innovations such as self-driving cars and genomics.
Learn more about ARK Invest: ark-invest.com/
Cathie’s podcasts: ark-invest.com/podcasts/
Investing with $500 : ark-ventures.com/videos/an-in...
Join my executive summit, Abundance360: www.abundance360.com/summit
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Topics:
0:00 - INTRO
1:36 - AI Leaders Gather for Summit
2:15 - The Flaws of Passive Investing
8:24 - The Challenge of Exponential Thinking
9:03 - The Exponential Tsunami is Here
13:42 - The Future of Education: AI.
19:03 - The Financial Future: AI & Longevity
20:13 - The Trillion-Dollar Transformation of Travel
25:27 - The Uniting Power of Technology
28:22 - The Future of Personal Transportation
32:26 - US-China Sanctions and GPU Domination
34:44 - Fountain Life: Revolutionizing Lifespan Expansion.
37:03 - The Future of Artificial Intelligence
40:30 - The AI Revolution: Is Capital Overwhelming?
48:06 - The Race for Longer Life
52:08 - Creating the Future We Want.
53:27 - Riding the Waves of Growth
55:13 - Shareholder Power and CEO Salaries
56:52 - AD: Improve Your Gut Health Today!
58:20 - Bitcoin: The New Financial Frontier
1:01:58 - Bitcoin: The Future of Finance?
1:05:19 - Democratizing Decentralized Finance
1:08:37 - The Future of Robotics: Convergence
1:13:51 - The Unappreciated Impact of Exponential Tech
1:18:21 - The Battle Between Open and Closed AI
1:21:32 - Invest in Grassroots Ventures Now!
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I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was 20k - 25k range. is it too late to get in and make profits? i have set aside $150k to get fully invested this year
It's not, in my opinion. Bitcoin becomes the new bottom once it surpasses its all-time high. Any purchase under $69k is wise. Working with a fiduciary advisor is still advised rather than depending just on conjecture.
The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $400K in gains… might not be a lot but i'm financially secure.
Market behavior can be complex and unpredictable. Mind if I ask you to recommend this particular advisor to whom you have used their services?
Melissa Rose Francks is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thanks, I just googled her and I'm really impressed with her credentials. I reached out to her I need all the assistance I can get.
I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
Cathy NEVER disappoints❤
Market highs can sometimes be followed by corrections, but predicting the timing and extent of it is challenging. I've heard some analysts talk about a 'massive' correction. It makes me wonder if it's time to adjust my $2M portfolios or maybe even consider some defensive investments.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
Yvette Ruta Musto' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
Truly love your candidness, I DCAed today again for BTC Blcktken300 and ETH
2 rich people surprised high school teachers making $35k/year are not excited about the future lol
Love the Blcktken300 content. I think this project is just as essential as HBAR and they both will be great movers
Please consider specifying the original recording date in the show notes for each and every show. Yasou.
As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know - Ask questions and it's best you work with a financial advise like Ryan Donald.....
Te/e gram...
@Ryanstrategy THAT IS HIS USER NAME..
please make sure you write the USER NAME complete and He's verified...
What impresses me most about Ryan Donald is how well he explains basic concept of winning before actually letting you use his trade signals. This goes a long way to ensure winning trades
Investors, let's decode Blcktken300 potential!
I have come late to this game, but thoroughly enjoy the exponential age. What Cathy said at approx 11.22 min that to have conversations with friends and family about these once in a lifetime opportunities is what I am doing.
Cathie forgot to mention that passive S&P index investing has better returns than 96% of active managers and the fees are tiny in comparison as well. People figured that out and they became very popular.
Yes, only speaking on her ARK ETF vs. S&P 500 Vanguard ETF over the last 5 years, her ETF went up 8% and the Vanguard 500 ETF went up 44%. Her ETF expense ratio is 0.7% and Vanguard 500 ETF is 0.01%. She talks about other managers and their high fees (0.7% is huge). Correct me if I am wrong on the numbers. No doubt she and Peter are correct about the very near future and the giant historical changes that are coming like a freight train barreling down the tracks...
Haha.. 7 of those 500 companies in your index fund made most of those gains..
Kathy will have her day with her focused approach. The disruptive technology will create an even bigger gap between those few companies and the rest. I predict the index approach will greatly under perform in the future. Unless it's an index disruptive technology fund:)
BTC will eat the SPY😂
The poorest people will be jobless homeless and angry. You are both blind. So self-centered egotistical megalomaniacs. Look around you if you even give a damn people can barely buy groceries. These people are the majority that you are trying to eradicate. Evil
she tho, has more balls to go out and put her name up for it. This argument someone made: while her investors were loosing she is getting mills from fees, i was like yes... true, not perfect i guess, but thats another problem. she is saying here: lets get our money on the "right" side of change, she finds proofs tries her best, lets assume at least. educate and try to prove it - can you prove her wrong? by going out and doing better? i dont give a f for the index - i want cancer to get funded or mental health... i did and got pummeled :) so... whats up with the m f free markets? Let me tell ya - simpy all must go cathie. As long as ppl go snp, sure cathie will loose.... so. pls. if you on +, i'll need some donation :) thanks
She mentioned the Austrian school of economic thought. As if I needed more reasons to love her.
I read that Nvidia provides tech for crypto mining services/blockchain transactions. Could the current crypto pump be attributed to Nvidia’s great earnings and should I hold some crypto as well, cos tbh I’m having FOMO with the current crypto price at 64k.
Microstrategy CEO bought $155million worth of bitcoin, so yes BUY!
It’s going to be a wild year for these sectors, so you should def. invest in crypto. 60% of my portfolio is spread across tech stocks, crypto and Crypto/Gold ETFs.
well the crypto market is expected to do way better than any other equity sectors this 2024 especially with the SEC crypto ETF approval but it’s a volatile market nevertheless and if you’re new to it, it’s best to reach out to an experienced adviser for proper guidance.
Yes, my asset manager advised I spread further into mutual funds and crypto Etf and boy am I glad I did. The whole idea is: Don’t get too greedy and also to exit at the right time, so generally I do find having an adviser very helpful, because what Avg. Joe really has time to watch and comprehensively analyse the market.
could you recommend some good advisers? don’t get me wrong, I already have an asset manager, but he seems not to know much about crypto.
Transfixed from start to end. Amazing vibe "Thankyou"
Bitcoin and Ethereum are like the dynamic duo of the crypto world. Exciting times ahead!
Proof of stake = fiat
Ethereum was made in a basement by a dude in his pajamas and will go to zero.
ETH? Seriously?
Bitcoin yes. Shitcoins (ethereum) no
Shut it mETH head
Bitcoin ONLY.
This was a great interview! Really more like a great conversation between 2 experts! Because of that you could see and hear more of Cathy Wood’s excitement than in a typical interview. Great job!!
Great interview!! This industry is moving SO Fast!! Thank You!!
Ultimate electrical failure Bitcoin bubble will take down hundreds of billions of dollars in an instant and ledgers will be wiped clear forever
You two are both some of my favorite people. Great to hear you guys chatting about the future!
Seriously...?
@@budziwizer3169 yeah
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Amazing interview Cathie on the channel what a dream! 🎉🎉 thank you 🙏
Great minds discussing great ideas of the future. We need more of these…
Her folio is down year after year. What great ideas of the future are yout alking about? She ditched NVDA, NVDA is the future....
Love it. Thanks Peter and Cathy for your positivity and enthusiasm and for all the value you bring
Her folio is down year afte r year. What value is she bringing?
Extraordinary Times on the near horizon . Great conversation. ❤
Drink everytime your hear abundance summit
Awesome, awesome video! Thank you for all your dedication.
TY guys, great episode!
Great Discussion! Thanks
Totally up my alley!
Peter, great interview. Stop selling, you don't need to.
My friend and I almost died from overlapping waves crashing into some rocks underneath a rock ledge my friend and I were standing on at the base of an ocean cliff…continuity bias is a very dangerous thing…we were enjoying the ocean spray hitting us as even the biggest (so we believed) of the waves were only hitting the rocks below us which at first we thought was risky but as they all seemed to be doing the same thing for so long it was at the point that we lost any fear when two of the bigger sized waves came in close to each other but the second one came in faster than the first until they both converged right before they hit the rocks below us, but the combined effect was that the spray didn’t just hit us, the combined waves rose up into one really big one and were hit by the whole giant wave directly, and the even though we locked in our hands and feet as we saw it about to hit us, the force of the wave drove the water not just into us but also further up the cliff wall which lifted my feet up off the ledge so my body was at right angles to cliff, then the worst part was the accelerating gravity of the water rushing back down the cliff face pulled my friend off the rocks and by the time the water has past me I had only just managed to hang on with one bloodied cut up hand and was still able to run all the way back around the cliff and along the beach to tell the life guards who went out in an inflatable boat to rescue him from the ocean…
Key lesson…nature will try to kill you right when you lose respect for its dangers almost like it is an offended living thing that demands respect…and also beware of exponential waves that combine together
Love moonshots. Love Cathie Wood. Much respect for both of you.
I love u
Thank you, great show
Watching YT people talk about living until 200 is low key terrifying. Its honestly been extremely beneficial for all of us that people and their ideas dont live that long.
Just people of European descent?
What an excellent conversation
Awesome conversation ❤️
The reason people aren't optimistic about the future despite the breakneck speed of technological progress is not due to misguided education. It is because technology creates abundance. And abundance negates scarcity and difficulty. And scarcity and struggle create meaning.
Remember being excited to hear a song on the radio? That's because you couldn't hear anything you wanted whenever you wanted.
Remember waiting with anticipation for a show to come on. That's because you couldn't watch everything on demand.
Remember activity meaning to your rare possessions. That was before Amazon made all goods essentially transitory.
Technology has made life easy but people derive meaning from hard experiences and rare things.
Remember when catching up with as friend was genuinely exciting? That was before texting and social media made catching up obsolete. What's the point of you already know what's been going on.
Unless you're working in tech, the unintended consequence of the tech boom is that people's lives have become mostly vacuous comfort acquisition.
The irony of this is that when life extension becomes available, most people's lives won't be worth extending.
Christ, I think you just explained why I’m so isolated and depressed now (in my 30s). Of course some of it comes with age, but I think you hit the nail on the head!!
I have seen so many people sleeping on the streets in the cold.
Its the high cost of living and lack of high paying (mentally engaging) jobs to match. Destruction of the environment. Social isolation because of tech, high health care costs in the US. A society that doesn't emphasize physical movement as important as mental. I cant ride a bike anywhere without fearing for my life so have to go to a gym once a day. Thats still not enough to offset sitting. Lack of quality food. Why do vegetables now have 1/20th the nutrients they used to? Why is every other commercial an advertisement for a drug? The list goes on. Most normies are brainwashed and will be too complacent to rise up against the elites as long as they can get their dopamine hits from buying shit off Amazon and scrolling social media.
We are living in the greatest era in all of human history and most of you are oblivious to how lucky you are. You are scared by media “doom & gloom” stories yet unappreciative of how easy your lives are compared to the past generations. You all literally have an extraordinary piece of power in your hand yet you use your phone to scroll doom & gloom while ignoring how awesome it is to have running water, heating & AC, a refrigerator, a microwave, cars, home deliveries, cheap clothing, public transportation, drive thrus and grocery stores, endless books and movies…etc and none of those things i listed existed a few generations ago. Stop comparing yourself to people inline and be happy you dont have to work in hot cotton fields or dangerous coal mines like our ancestors did.
@@siddg1463You just listed a bunch of materialistic shit. You're a good consumer
Great interview, as always, Judge!!
Thank you, Farzad, for your job well done 👏
Ark's research is the science curriculum - Innovating education, Super Awesome!!
no it's not.
You guys are the absolute best!!!
Thank you for guiding us to a brighter more prosperous amazing world 🌎
Dude dont let her manage your folio ! Her folio is 55% down over 3 years. Mine is higher !
How can we get access to the science curriculum? Please!
The content of this is great, but I would suggest to not interrupt your guests so much. I understand youre trying to get a back and forth conversation here, but more than 10 times i counted she started to explain something really interesting and Peter interrupted her with something that changed the conversation completely and i was left wanting to hear her finish her thought.
I get it youre exited, but the more intelligent people listen and let people speak, specially when having very bright guests like Cathie Wood.
Had the same thought.
Does it often unfortunately. I’ve always wondered what some of the guests were going to share before being cut short
Men do that to women constantly. Research it.
great interview. i love listening to cathie wood, she is so smart!
Multi signature wallets may be a solution to replacing WILLS so that family crypto wealth can be transferred privately and freely. Any thoughts?
Hi Peter what do you think of casinu? a friend has recommended it might pump - any thoughts
Keep up the great work! Thank you.
Great interview that expanded my mind
Lots of great investment info!!
So swap ether for Bitcoin?
Thanks for a good conversation. Fantastic that you made it possible for mininini investors to participate in certain stocks. I have looked for it for a while, but so far it was not easy or even impossible.
Indeed exciting times we live in. Growth and development rates are mind boggling. You need brain gymnastics to be able to even grasp it.
Looking forward to more and to more detailed interviews on these topics. Marketing wise, there will be strong ‘resistance to adoption’, but educational and informational content on social media will reduce this, step by step.
Great intro!
Glad to hear Kathy is in St.Petersburg. My granddaughter is entering 6th grade in Pinellas County next year and saw the science curriculum. Thank you ARK!!
Great production !!!!!
Open source curve is improving faster than gpt4?
Is it right to assume the stock market’s average growth of 7% above inflation will increase?
Not in the near term.
Stock market is 7% average real returns, so inflation is considered (~10% nominal)
Excellent show
You Guys are Great!!! Than You!!!
What solutions are your friends using to borrow against their BTC
THANK YOU
Bonk token is like winning the lottery, but with better odds
What bout doge and Shiba
So interesting! It’s like the Jetson’s meets Total Recall meets Terminator lol This will something to behold!
Wonder what full speed A. G. I languages will be?
The limit to a metal being?
is its organic Creators language....
Peter has an action figure of himself on his shelf. Pretty baller.
Corny and narcissistic
If you are a CEO of a company, and see what the price of MSTR has done. If your bonus is based on the stock price, how long before most companies start moving their cash to Bitcoin?
There are very practical limitations on commodities like silver. There isn’t enough silver to support the hardware needs for the tech growth. Software can continue to expand but hardware has limitations.
Wells Fargo just approved it lol 58:50
Can’t stand the push for autonomous cars
Καλησπερα Πετρο, πολυ καλο Video.
So sweet of her voice😊😊
This is 85-year-old Grandpa (Blogger). This way of selling has always worked for me:
When my investment (or gamble) has doubled, I sell half. Then I stay in the game with the casino's money. If it doubles again, I do the same again and again. In 60 years of experience, all my investments (or gambles) have eventually, always dropped significantly or even become worthless. But as I cashed out along the way & bought well-located income property in various countries with profits, I was able to retire comfortably-- long ago. Most of my gambles never doubled, but the few that went crazy like Bitcoin recently and gold (long ago) made me comfortably rich. The definition of a Ponzi scheme is when an investment in "something" can only be cashed out with money from new investors. So is all this crypto one big Ponzi? Well, you tell me!
Amazing! 🚀
Always interesting analysis. But I am DCAing into my AMX300K alts anyway
This was fun. Would love to See Bill From Abra. Has not been in public much as of late.
The link of optimus & neuralink was the subject of the recent series on azon - The Peripheral.
So the tech & foundational fusion and convergence has already been envisioned. Albeit, just in Sci-Fi - today.
Hi Peter. We love the work you are doing. Are you available for an ad or content promotion on your UA-cam channel?
Fn amazing content especially for us Dino’s
Wow!!!! That is so awesome
This is a great interview with Cathy wood which is "heavyweight" in the investmet world.
We are still so early in Bitcoin..... ❤
Damn. I wish I'd have paid attention in 2017 when someone offered it to me- for under $500 a bitcoin. Hahaha!
I no rite. a buddy of mine had 1000 dollars in it in 2017 and I wonder if he kept it in their ? ..never seen him again.?@@honeybeejourney
Disruptive Investing, now I get it. If AI replaces workers, where do the people work? That 6th grade classroom had it right, life will not be better.
Drug use and depression will rise
Aloha from Hawaii! I love your show!
Love Cathy
Can anyone explain what she means when she says that Bitcoin is not been approved on the b of a merrill Lynch platform?
In order for the Financial advisor to buy it for a customer, the firm has to approve it to be purchased on the platform. It will require additional disclosure documents and red tape for each customer and advisors. It happened in all the wirehouses… with GLD, SLV and any ETF w leverage. I’m a retired financial advisor
Did I hear that prediction correctly? 1 BTC will be $1.5 million in 2027 !?
The hopium is real 👀🤭
Bit unlikely coin. But you never know
Yup
How do these tech forecasts align with the debt/fiscal issues/bubble of everything facing governments, today?
Great interview. Give them a second to answer the question.
How much BTC should a person have for generacional weather and ride the wave
2.1
$1000 worth under 100k long-term is fine.
Everyone talks bout etherium - my computer science thesis was on the effects of post quantum
Cryptography on the bitcoin blockchain- I can tell you ethereum doesn’t have the same security as bitcoin’s math based. Not saying ethereum is bad - just know this: the bitcoin blockchain would still be secure even from post quantum attacks IF and ONLY IF the core code is executed . However the difference is that the size of the post quantum crypto keys would take up the majority of the block so there would be much fewer transactions per each block, which makes it suddenly less costly in fact likely more costly, than the bank fees. Let THAT sink in.
That’s of course unless AI develops a new math (which I think it already has for reasons hard to describe on a post in a UA-cam video). In a nutshell, all our math is based on “straight lines”, that’s why it’s hard to envision hyperparameters in data Sci machine learning stuff . But the new math - it’s like … particles … that have like … method to the madness behind them. I know that sounds crazy and silly, but I also was to be a crypto in the navy (didn’t end up doing that though), but then at age 40 or so second career, did my internship at Seagate about post quantum crypto as it aligned with my thesis . It’s like vector databases- you don’t have to find the solution to a rubix cube by turning the labels in one big algorithm cuz there’s a way to know a different like… location… inside the cube, that goes beyond 3D. For a living, I’m
An artificial intelligence integrated specialist and so… I’m speaking professionally . Why on here? Cuz this audience gets crypto
Yay🎉 Tesla’s goin to Mexico 🇲🇽. I hope companies position in el paso. I’m from here, it’s doin alright , could use more forward thinking folks and … I need a husband … so, would be great if more keep moving here 🤞🏻
🐶🐾🐕🦺 someone please tell me they are researching making man’s best friend live longer and it will be accessible to most people??? 🤞🏻🤞🏻🤞🏻
More people need ro invest in the blue chips here. I'm around 90% between BTC and AMX300K combined. Good advice Lark thanks!
😂😂😂 this isn’t Lark’s channel, Mr. Scammer. You tried though 🎉
That was great ☀️🌴☄️
So if and when there is no more bitcoin will we then be trading satoshi's in the same way?
Yes. That’s part of the beauty of it. (My thesis was on effects of post quantum crypto on the bitcoin blockchain)
@elsaquez wow it's so awesome to see how the future can benefit from this perfect money. The bigger it get means the more energy it has.
Fiat consumes the world's energy.
crazy... actually super cray
This is a conversation very few are having, great job you 2
Solana 💯🚀
People are willing to pay all their wealth to live linger when they could have just focused on their health as a priority instead of money to live longer 🤦
kathy if etf try to buy and no supply....does buying stop
There is always a seller at the right price.
Yeah absolutely. if no one is selling at $60K, then desperate buyers will be forced to offer $70K - and at that point some spot traders will sell.
You can always buy, just have to pay the ask price.
Just invested in Invixus presale, my bag is full of INV tokens. Cant wait for the launch...
engrossing !! 👏
This is not a pure Bitcoin video, 30 minutes into it I'm patiently waiting for Bitcoin😢
I'm just 17 years old I'm holding 0.21 BTC should i hold till 2024 end please guide me.
Hold for as long as you can ; .21 x 1.5m = $315,000. In 2027 if Fidelity is correct in 2050 when you are 43 years old BTC WILL BE 1 BILLION which is $210 million
@@mikecaprock9684 okay
Just hold and don't tell your enemies.
Well done, clever guy for your age! Hold and keep adding, and by the time you're 30, you can retire
@@salstrange2793 Thank you sir I'll add more and more Btc.