Cathie Wood says recent sell-off is not the end of the tech trade, 'exponential' growth ahead

Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018.Star fund manager Cathie Wood defended the innovation sector on Tuesday, explaining that the recent weakness in tech stocks will ultimately reverse course and can't be compared to the bubble top of 2000.

"Many consider what has happened in the last three months to be the beginning of another, or the equivalent of, the tech and telecom bust. We do not believe that's the case in the least," Wood said during an Ark Invest webinar on Tuesday.

Cathie Wood Ark Invest Mid May Update - Biggest Moves - UIPATH, Draftkings, Palantir, Skillz...

She’s right about the tech. Ultimately technology is the future of growth, not oil company

She’s smoking with Dog?

I feel like shorting $ARKK

Could go either way but seems like a smart idea to maybe add a little now that everything is down 30% or more after Q1 🤷‍♂️

Exponential growth in the business might not be equivalent to exponential growth in the stock price...

Ahead is pretty open ended. 🤮

There's not much on the upside..Her portfolio is ripe now

I didnt hear no Bell

Few months ago the media and brokers were described the oil companies as evil and they have no future ,sell your oil shares buy tech shares Now the same media and brokers they forgot the old advice , new one buy the same oil companies and sell technology shares,no credibility

'Don't ask the barber whether you need a haircut' - Warren Buffett

1/8 Solar & Wind are 0 emissions? Each 1 MW of solar farm power requires between 35 to 45 tons of steel, + you need to dig for cadmium, gallium, germanium, etc Make silicon Silicon metal is made from the reaction of silica (SiO2) -

Of course she'll say that

Clutching at straws now to stay afloat. Haven't seen any ingenious ideas from her except copying what everyone else is buying.

Ya no shit there’s new growth. All the pervious growth was whipped away. We at the bottom bottom

I agree with Cathie Wood , what she said make sense , I will not sell my Microsoft or Apple or Facebook shares for Mobile or Casino shares , the technology sector is the winner , high growth and good profit special the big tech companies

I think so, too. Information technology will rise exponentially from now on.

Her funds could be down 70% or more before this growth bear market is over. The parallels to 1999-2000 are scary.

There is exponential growth coming. In the long run CathieDWood is spot on ... the next 20 years is the last 20 years on steroids when it comes to digitization.

Remarkable vision!

It is like asking a butcher if he believes that it is the end of people buying meat 🥩 👍🏼😂

She is the mirror of the gold bug. She’s right, but how long until she’s right?

Exponential? That’s not how the prices work

She’s lost her marbles.

🤪

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