Cathie Wood

Taking the baton from @cburniske who brilliantly put @ARKInvest on the crypto map, @yassine_elman blazed the trail and built one of the best crypto teams in our industry. I will miss Yassine and his brilliant mind day to day, but look forward to supporting his next big chapter!

SpaceX released some provocative metrics last week. Looking forward to more analytical perspective based on Wright’s Law from @skorusARK.

As 2024 winds down, I hope that those celebrating had a Merry Christmas and are enjoying a Happy Hanukkah. Wishing everyone lots of opportunities and happiness as the world innovates and transforms during the new year!🎉

My Father was from Donegal, near Letterkenny, and my Mother from Castlegregory in Kerry, where we lived when I was a child and fluent in Gaelic.

Before low tax rates created the Celtic Tiger, my parents immigrated from Ireland to the “land of opportunity”. I am blessed, grateful, and proud to be first generation American, but frustrated that the US now puts up huge obstacles to immigration for the brilliant people educated here.

With a tiny fraction of cars compared to Uber and Lyft, Waymo is beginning to disrupt the raid-hail market in San Francisco. When $TSLA’s solution enters the market next year, the transition is likely to shift from “slowly, slowly” to “all at once”. Can’t wait!

As it aims for the moon and Mars, SpaceX is likely to enhance life on earth and transform the universe. On “In the Know”, @skorusARK explains how space exploration will change our lives here on earth. In our view, SpaceX is accelerating the pace of all kinds of innovation!

Congratulations, @jamesfishback and Asaf on the launch of your new company, @investazoria! Your strategies will help make markets more efficient and effective.

Happy day for bitcoin at $100,000! @dpuellARK’s on-chain analytics have been pointing the way to higher price points. Check out his “Bitcoin Cycles” paper at https://t.co/4GzS1p8NNC!

Great day for #bitcoin and digital property rights! Incoming SEC Chairman Paul Atkins will free digital assets from Gary Gensler’s chokehold and protect private property rights in the digital world. Today, Fed Chair Powell described bitcoin as a virtual, digital version of gold. At $2,700, gold is a ~$15 trillion market, compared to bitcoin at only ~$2 trillion. Even after breaking through $100,000, bitcoin still is in early innings. Indeed, @ARKInvest believes that bitcoin is a much bigger idea than gold!

Thank you, Liz, for helping investors deepen their understanding of the equity market, a great service to our industry.

Adding judicial insult to injury, Delaware Judge McCormick has ordered #Tesla shareholders to pay the plaintiff’s lawyers $345 million! The plaintiff owned 9 shares of $TSLA. McCormick is making a mockery of the sense of fairness essential to our American judicial system.

Impressive!

We are known for our early investment in @Tesla. Now, investors can access @elonmusk's private companies like @SpaceX, @X, and @XAI in the ARK Venture Fund. To learn about the Fund and view current holdings, click here: https://t.co/7ugH7zKEfR. Holdings are subject to change.

Right, Sam. Subprime. “strong”headline macro numbers have papered over the suffering of low/middle income earners and small businesses who serve as the backbone of the US economy. The election results told that story convincingly.

The 90-day auto delinquency rate is higher than the peak reached in 2009.

From my first economic course with Art Laffer: GOVERNMENT SPENDING IS TAXATION. Government spending raises taxes today, or burdens our children with higher taxes in the future, or debases the debt and the dollar with inflation, the most regressive tax of all. .@DOGE is likely to change the mindset profoundly in Washington, as other policies focus on rapid growth to reduce the deficit relative to GDP and, in a virtuous cycle, raises the probability of even lower taxes on individuals and companies. The Reagan revolution extended through President Clinton’s administration, leading to lower taxes, stronger GDP growth, and a bull market rewardin…

The tide has turned. Congratulations, Elon, Linda, and Team X!

Based on @dpuellARK’s on-chain analytics and analysis, the bull market in bitcoin is in good shape. After its halving in April, growth in the supply of bitcoin dropped to 0.9%, below the long term growth in the supply of gold for the first time!

While the markets are concerned that data centers will not have the power and/or grid connections to feed the AI revolution, our Director of Research on Autonomous Technology and Robotics, @skorusARK, puts the issue into reassuring perspective.

Deregulation (defanging the SEC, FTC, and others), government spending cuts (making room for the private sector), tax cuts, and a focus on technologically enabled innovation are likely to turbocharge the US economy more powerfully than during the Reagan Revolution.

AI is likely to revolutionize health care. Diagnosing cancer in Stage 1 with blood tests is possible today. The convergence among #AI, sequencing technologies (DNA, RNA, protein, single cell), and gene editing already is curing disease. Why aren’t we hearing more about it? I believe that we are not hearing more about early diagnoses and cures because they will disrupt traditional pharmaceutical/biotech/financial models enormously. Looking forward to the renewed focus on evidence-based science that made the US the gold standard in health care!

I do not like shopping and look forward to engaging with the purchasing agent/personal assistant that @varshikaARK describes in this blog. From an investment point of view, the shift from centralized to decentralized services could disrupt some well-worn business models.

In our view, the US election could trigger equity market volatility and accelerate the shift to transformative technologies. The convergence among artificial intelligence, multiomics sequencing, and gene editing could cure disease, transforming sick care into health care.

Tesla Cybercab

This thoughtful paper by @LorenzoARK explains why @ARKInvest believes that the Ethereum network is a big idea that will transform the financial services industry.

.@ARKInvest has great respect for your research, @SawyerMerritt. So happy to meet you in person at Tesla’s We, Robot event!

So happy for you and Angela, Brian!

Counting down to an important moment in the AI revolution, as Tesla showcases its Cybercab robot and its plans for scaling autonomous mobility globally! Institutional investors seem skeptical, but individual investors understand.

This FT headline about OpenAI is not true, at least not in @ARKInvest’s case. #FakeNews ?