Cathie Wood is known for her amazing 2020 and current performance in Ark Funds. By comparison with the S&P in 2020 all Ark Funds more than double the gains of the S&P. Note S&P in 2020 had a banner year.
Today Razreport hosted an interview with Cathie and she was very positive toward bitcoin. In fact she made a prediction that bitcoin could be as high as $400,000. Now before you just look at this and go along your marry way, this Cathie Wood had once predicted TSLA stock would go to $4,000 / share.
Not only was she correct she made billions in multiple other stocks that she bought. Tesla if excluding its 5 for 1 split had a all time high of $900 / share seen early this year 2021 which before split would be $4500. If her prediction for Tesla came true what is not to say bitcoin prediction?
Cathie even was very positive towards NFTs.
“We’re going to try to do this ourselves,” Wood said on NFTs. Wood mentioned possibly partnering with async art.
Original artists are able to have their name on the artwork forever and can earn royalties on additional sales of the work and other people building on top of it: “That’s the wonderful thing about blockchain technology.”
Article for reference here
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NFT is really doing well right now
The investment and projects on it is amazing
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Cathie Wood got my attention for being one of the few who were right and sensible about $TSLA. She's got my respect for that. She should really start taking a look at more underrated altcoins. Splinterlands has some of the mos underrated NFT IMHO.
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Not going to lie, this past few weeks been brutal to her and her investors. Still in the long run I like the strategy she has in place. Her first fund started almost five years ago, and to have the return it has since these market draw downs are a drop in the bucket.