Cathie Wood, Meme-Stock Champion Who Bet Big on Tesla and Bitcoin, Stands Her Ground

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Fund manager Cathie Wood described herself as an 'odd duck' when she was on Wall Street. Now, she is a social-media star among the meme-stock crowd.

Fans of fund manager Cathie Wood have built websites that track her every investment move. They sell T-shirts with her picture in the style of the Barack Obama “Hope” poster and with the ticker symbol of her flagship exchange-traded fund, ARK Innovation. On social media, they call her “Mamma Cathie,” “Aunt Cathie” and, in South Korea, “Money Tree.”companies that generate little or no profit

but have what she says is the potential to change the world through “disruptive innovation.” Her asset-management firm, ARK Investment Management LLC, has bet heavily on buzzy sectors including alternative-energy businesses, space exploration and digital currencies. Her focus on meme-worthy investments and her ubiquitous presence on Twitter and financial news channels have thrust hersuch as Tesla Inc. Chief Executive Elon Musk, venture capitalist Chamath Palihapitiya and Barstool Sports founder David Portnoy, who use Twitter, YouTube and podcasts to take their messages directly to a new generation.

Last month, Ms. Wood joined Mr. Musk and Jack Dorsey, chief executive of Twitter Inc. and Square Inc., for an hourlong virtual discussion on the potential of bitcoin, which had been falling in value for months. “Think about how explosive growth could be,” Ms. Wood said at one point. Among the converts was rapper Busta Rhymes, aka Trevor Smith Jr., who tweeted he was “sold on bitcoin” a day after listening to the three talk up the cryptocurrency.

Source: Digital Coin News (digitalcoinnews.net)

 

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1.75b In arkk outflows in July. Ouch

顔怖いよ

L.M. Wang, Z.Y. Hao, X.M. Han, R.H. Zhou, Gravity theory-based affinity propagation clustering algorithm and its applications. Tehnicki vjesnik-Tech. Gaz. 25(4), 1125–1135 (2018) CathieDWood ARKInvest skorusARK wintonARK $TSLA $ACN $MSFT $INTC $NVDA $NOW $ORCL

L.L. Qin, N.W. Yu, D.H. Zhao, Applying the convolutional neural network deep learning technology to behavioural recognition in intelligent video. Tehnicki Vjesnik-Tech Gaz 25(2), 528–535 (2018) CathieDWood GuidingLight Tesla elonmusk

X. Chen, Technology of Thinking Processes Discovery for Data Mining Application (University of Science and Technology Beijing, Beijing, 2012) CathieDWood GuidingLight ARKInvest skorusARK wintonARK TashaARK

A. Wang, X. Gao, M. Yang, Variable-scale clustering based on the numerical concept space, in Proceeding of the 9th International Conference on Logistics, Informatics and Service Sciences (Maryland. US) (2019), pp. 65–69 CathieDWood ARKInvest Tesla elonmusk

X. Gao, A. Wang, Customer satisfaction analysis and management method based on enterprise network public opinion, in Operations Research and Management Science (In Press, 2019) CathieDWood skorusARK wintonARK ARKInvest

X. Gao, A. Wang, Variable-scale clustering, in Proceeding of the 8th International Conference on Logistics, Informatics and Service Sciences (Toronto, Canada, 2018), pp. 221–225 CathieDWood ARKInvest skorusARK wintonARK TashaARK

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