Zoom conference call with ARK's Cathie Wood

Thursday, July 1, 2021
Donald L. Luskin

Today's most controversial fund manager charts the future and takes on the critics.

Update to Strategic View

ARK founder Wood explains her advocacy of Tesla, Bitcoin and genomic medicine. Her process entails identifying a company's fundamental competitive advantage -- for example, Tesla is an artificial intelligence company, not an auto company. This is a "deep value" investment style because it seeks situations in which she can project revenues and profits -- based on both rising market share and falling costs of goods sold --  that the market underestimates.