Cathie Wood, CEO of Ark Invest, reveals her explosive strategy for Bitcoin, Tesla and AI!

Many market leaders, such as Tesla CEO Elon Musk and Ark Invest CEO Cathie Wood, have criticized the U.S. Federal Reserve for its continued rate hikes, which are hurting market conditions and risking a recession. The slowdown in rate hikes by the U.S. Federal Reserve this year has sparked bullish sentiment in global markets.

Cathie Wood said Saturday that growth stocks and innovation-based strategies will recover lost gains as the “sharp rise in interest rates“by the U.S. Federal Reserve is coming to an end.

“ARKInvest has a five-year investment horizon. Now that the most brutal interest rate hike in history is nearing its end, growth stocks in general and innovation-based strategies in particular should make up for lost time.”

Ark Invest is buying Coinbase (COIN) and Tesla (TSLA) shares heavily at low prices as part of its active equity management strategy. On February 14, Ark Invest bought a total of 14,636 shares of Coinbase (COIN) as the stock price plunged below $58. Cathie Wood predicts that Tesla stock will reach $1,500 in the next five years, marking a 675% increase.

In addition, she noted that many Wall Street investors, including Charlie Munger, do not understand the lower costs associated with technological innovation. This statement came after Charlie Munger said he would rather invest in BYD, backed by Warren Buffett, than in Tesla.

Ark Invest makes most of its investments in technology stocks. Ark Invest believes that artificial intelligence (AI) is creating an assembly line for knowledge workers. Cathie Wood tweeted. :

“Think of AI as the assembly line for knowledge workers! About 100 years ago, the assembly line kick-started the industrial revolution. Today, AI is kick-starting the digital revolution, not only for businesses but also for consumers.”

Ark Invest believes that AI will increase knowledge worker productivity by more than 4 times by 2030. With 100% adoption, AI could increase global labor productivity by nearly $200 trillion, dwarfing the $32 trillion in total knowledge worker wages.

Cathie Wood is bullish on bitcoin

Cathie Wood reiterated her bullish stance on bitcoin, predicting that the price of BTC will reach $1 million by 2030. She also believes that bitcoin can help countries affected by inflation, like an insurance policy.

Given Cathie Wood’s earlier prediction about AI and the rebound in Tesla and Coinbase stocks, bitcoin’s price reaching $1 million by 2030 could come true. However, it is more likely that the price of BTC will reach $100,000 in late 2023 or early 2024.

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