Cathie Wood predicts a surge to $2.3 million in Bitcoin

blink18 said:
Why are you all so interested what Cathie Wood has to say? She is a lousy money manager, cannot see into the future, her opinion is just one in 8 billion, had a huge luck in 2020 and huge unluck later. The only thing she is good at is bullshit talking and taking money from investors in the form of management fees.
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She may be one in 8 billion but she controls a large chunk of capital and can move markets if she chooses. Even if her opinion is wrong she shouldn’t be ignored. But anyway, fund managers like her have one job - pick an investment and then promote the hell out of it. Creating a self-fulfilling-prophecy can save a faulty prediction.
 
long said:
She may be one in 8 billion but she controls a large chunk of capital and can move markets if she chooses. Even if her opinion is wrong she shouldn’t be ignored. But anyway, fund managers like her have one job - pick an investment and then promote the hell out of it. Creating a self-fulfilling-prophecy can save a faulty prediction.
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More than that,though.

She is an investor in innovation and disruption of the status quo.

Zuckerburg and Bezos are only billionaires because they were in the right space at the right time.

People like CW are trying to find that next space and be in front of it.

We should all be doing that.

She has the balls most of us wish we had.

Edit to say:dont invest in an innovation fund if you want results overnight.
 
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