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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