"People Have NO IDEA What's Coming..." | Cathie Wood Prediction
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"People Have NO IDEA What's Coming..." | Cathie Wood Prediction
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ARK Invest CEO and Contrarian Investor Cathie Wood is sticking to her incredible OVER $1,000,000 per Bitcoin price target by 2030 despite a horrible run for crypto currency over the last 12 months.
This would be a gain of 3,900% which would average out to just over 34% gain every year between now and 2030. Which would wipe the floor with returns you would see anywhere else, such as the stock market or real estate.
Although this price prediction does seem insanely optimistic, the last insane prediction Cathie Wood had for another exponential growth asset - Tesla, came true which propelled her to becoming widely renowned and respected in the investing world. In this interview with Bloomberg, Cathie explains why 2022 has only left her and her firm with more conviction in Bitcoin and Ethereum and why they are extremely bullish heading into 2023.
Cathie also speaks on why she remains extremely bullish on technology and innovation and her thoughts on the Elon Musk twitter takeover and what it all means for investors.
About Cathie Wood:
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.
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