Top US investor: We will soon see $1.5 million worth of Bitcoin
On April 6, 2024, Cathie Wood, known as "Wood Sister", said at the opening event of the 2024 Hong Kong web3 Carnival that Hong Kong has developed very rapidly in the fields of web3 and encryption, and regulatory agencies such as the SFC (Hong Kong Securities and Futures Commission) have done an excellent job. In terms of policy support and supervision, Hong Kong can be said to be the world's "leader", encouraging technological innovation and encouraging entrepreneurs to invest. The United States faces a lot of uncertainty and talent outflow, and hopes that the United States can learn from the experience of Hong Kong, China and replicate it. Because a healthy and stable environment is crucial to the development of innovative technology industries, investors, and consumer protection.
Cathie Wood's speech was quickly reported by many media at home and abroad, attracting the attention of practitioners. We can also take a brief look at why Cathie Wood has attracted much attention in the industry.
Cathie Wood was born in 1955 and is 68 years old. She is called "Wood Sister" because of the meaning of "wood" in her name. Although she comes from the traditional investment field, she is well-known for her focus on cutting-edge industries such as genetic engineering, advanced energy, artificial intelligence, and cryptocurrency. Cathie Wood pioneered a concept called "disruptive investment". She felt that traditional funds were very backward in analyzing the most cutting-edge and innovative fields and could not keep up with the rapid development of science and technology, so she started her own business and founded ARK Invest to make layouts in the most cutting-edge fields.
The concept of disruptive investment means that the latest technology will have a huge impact or even damage the ecology of traditional industries, so this is a set of investment concepts for layout and investment in such industries or fields. At present, the total amount of funds managed by Ark Investment is about 40 billion US dollars, and the average annual return rate from 2014 to 2021 is close to 40%, which is very impressive.
What makes Wood Sister famous is her ability to shout orders. She once shouted orders for Tesla stocks, saying that the highest price should be around 4,000 US dollars, and the most pessimistic estimate should be 600 US dollars, but the actual price at that time was only about 300 US dollars.