ARK Invest’s founder and CEO sounds as bullish as ever

 

First, Wood is used to skeptics.

She faced a lot of them when she started her company.

“Most people expected us to fail,” she told me.

7 years later, ARK’s assets under management reached $50 billion. pic.twitter.com/mt0ZMlwimH

— Jon Erlichman (@JonErlichman) November 19, 2022

 

ARK’s flagship Innovation ETF has declined more than 60% this year.

Some of its holdings include Zoom, Tesla, Roku, Block and Teladoc. pic.twitter.com/98fXSaKk2N

— Jon Erlichman (@JonErlichman) November 19, 2022

 

Wood estimates investments tied to disruptive innovation to be valued at roughly $7 trillion in the markets.

She estimates that will rise to $210 trillion in 2030.

“It’s going from less than 10% of the market to more than 50%.” pic.twitter.com/WhkUZaWsf1

— Jon Erlichman (@JonErlichman) November 19, 2022