Catherine Wood is an American investor and the founder and CEO of ARK Investment Management LLC, an investment management firm known for its focus on disruptive innovation and thematic investing. Wood is widely regarded as one of the most influential figures in the investment world, particularly in the realm of technology and innovation. Wood founded ARK Investment Management LLC in 2014 with the goal of identifying and investing in innovative companies that are at the forefront of technological advancements and disruptive trends. Under her leadership, ARK Invest has become known for its actively managed exchange-traded funds (ETFs) focused on themes such as genomics, robotics, artificial intelligence, fintech, and autonomous vehicles. Wood's investment approach is characterized by her belief in the power of disruptive innovation to transform industries and create significant value for investors. She and her team conduct extensive research and analysis to identify promising investment opportunities, often focusing on emerging technologies and trends that have the potential to reshape the global economy. One of Wood's most notable investment successes came from her early recognition of the potential of Tesla, Inc. (TSLA), the electric vehicle manufacturer. Wood's bullish outlook on Tesla and her conviction in the company's disruptive potential led ARK Invest to become one of the largest institutional shareholders of Tesla, with substantial holdings in its ETFs. Wood is also known for her bold and forward-thinking investment theses, often making contrarian bets on companies and industries that others may overlook or underestimate. She is a vocal advocate for innovation and entrepreneurship, and she frequently shares her insights and perspectives on the future of technology and investing through media appearances, interviews, and public speaking engagements. Overall, Catherine Wood is a visionary investor and entrepreneur who has made a significant impact on the investment world through her pioneering work in thematic investing and disruptive innovation. Her leadership at ARK Invest has helped to democratize access to innovative investment opportunities and has inspired investors around the world to embrace the power of innovation in their portfolios.
American businessman, billionaire and investor David Rubenstein believes that cryptocurrencies will remain in the financial market for a long time, as will gold. During the Squawk Box program on CNBC, Rubenstein revealed that he himself did not personally buy cryptocurrencies directly.