저자: CathieWood · 외국인
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결론: 캐시 우드는 하락장에서도 혁신(기술)주에 대한 확신을 유지하며 장기 관점에서 평균 매수(물타기) 전략을 강조한다. 시장 상황: 기사 인용 기준 금리 인상과 긴축이 이어지고 경기침체 우려가 커진 상황이며, 우드는 미국이 이미 침체에 있다고 본다. 혁신 투자 논리: 침체기일수록 문제 해결형 혁신 기업의 실적 성장이 경제보다 강하다고 주장하며, 기술주에 대한 강세 관점을 밝힌다. 투자 대상: AI, 로보틱스, 에너지 저장, 유전체 시퀀싱, 블록체인 등 5대 혁신 플랫폼에 집중하며, 향후 10~15년간 50조 달러 이상의 가치 창출을 전망한다. 포트폴리오 전략: ARK 펀드는 파괴적 혁신에만 집중하며 나스닥100과 달리 Fangs 일부 비중이 낮고 테슬라 등을 보유한다고 설명한다. 리스크/과거 성과: 2020년 3월 저점 대비 Arkk ETF가 300% 이상 상승해 2021년 2월 152.61달러 고점을 찍었으나, 2022년 들어 75% 이상 하락했다고 언급된다. 출연자 전망: 우드는 시장 여건이 개선되면 명성이 회복될 수 있다고 보며, 혁신 기술의 성장은 5~10년 이상 걸릴 수 있다는 질문도 제기된다. 패시브 투자 비판: 최근 20여 년간 패시브·벤치마크 투자가 강세였으나 이는 자기실현적 현상이며, 혁신 플랫폼이 이제 본격 성장할 것이라고 주장한다. 자산 언급: 비트코인·블록체인 관련 가상자산 변동성과 젊은 투자자의 리스크 인식도 다뤄진다.
다듬은 글
I mean okay the bad news markets are falling startup valuations are dropping interest rates are highing and uh rising and so is the cost of living so are you still bullish on Tech I couldn't be more bullish on Tech and the reason is you just laid out a bunch of problems Innovation solves problems it becomes more important during these times and if the globe is in a recession or going into a recession in the case of many people think in the U.S we're going to have that many more problems to solve and the earnings and revenue growth rate of problem solvers uh far outshine the economies according to estimates from the Congressional budget office the ongoing quantitative tightening by the Federal Reserve could continue for another three years in a recent episode of the all in podcast Canadian American venture capitalist chamf Pala hapatia shares similar views the billionaire investor believes the FED is on a path to over-correcting and breaking the markets after a fourth consecutive 0.75 interest rate hike the markets are preparing for a Fed pivot sometime in 2023 but palehapatia says the U.S Central Bank could keep raising rates until 2025.
though we are less than a year into the fed's aggressive rate hike campaign there are already signs of trouble in the markets in and outside the United States if this is to continue for another three years investors must prepare for a massive bloodbath that could significantly bring down many asset classes while speaking at an annual Tech conference recently Arc invest founder and chief executive officer Kathy Wood discusses the importance of innovation as investors gear up for more uncertain times ahead during her discussion wood explains that she believes the United States economy is already in recession despite the official narrative that the economy is strong wood also discusses her team's research on disruptive innovation stocks including blockchain technology and what they would mean for investors within the next five years we will now take to Kathy Woods Webb Summit interview but before then please take a little time to hit the like button subscribe to the channel and turn on post notifications for more crypto related videos also ensure you drop your comments and observations in the comments section below and check out our other crypto related videos thanks and enjoy the video arc does one thing we don't pretend to be an asset allocator our clients are the asset allocators and our clients decide for their clients how much risk can our this client tolerate so we focus exclusively on disruptive innovation research and investing nothing much we're not distracted by anything so it's really up to asset allocators and to individuals also to assess their risk tolerant the great thing about young people and today is they are cutting their teeth on crypto currencies crypto assets which are extremely volatile much like our funds are they understand if you keep your eye on the prize you're going to win but the question is how much time is that going to take what what's fascinating about young people today is many of them are natively digital natively interested in technology and understand that technology does solve problems and make our lives better but do they understand the risk um I think they certainly do after the last year and a half but even before that as we were going into covid in a one month period we were down 46 percent if you look at Art's uh entire lifespan it's fun span roughly eight years now um you'll see that there have been risk on risk-off periods and it and our client base our asset retention has been phenomenal because our clients know that you average down into periods like this and they also know and are learning as they study the various benchmarks and indexes out there that they don't have the kind of disruptive innovation that our funds do we are a great diversifier we think most individuals and institutions are short truly disruptive innovation and that we can help diversify them now why are you so sure about this based on what based on what the um the last 20 years 22 years have been characterized increasingly by a shift towards passive passive investing and Benchmark sensitive investing why is that it is because of the tech and Telecom bust and then again 0809 and many people saw these benchmarks the passive indexes doing better than investors who actively manage their portfolios well this was part of a self-fulfilling prophecy if you have the pendulum swinging towards these benchmarks and towards passive they probably will outperform but if we are right and for the first time in history we have five Innovation platforms 14 Technologies the seeds of which were planted more than 20 years ago all ready for prime time now all ready for exponential growth opportunities what that means is the traditional World Order is going to be disrupted how these five Innovation platforms they are going to impact every sector every industry sub-industry company according to the firm's official website Arc invest aims to provide broad exposure to disruptive innovation centered around artificial Intel robotics energy storage the United sequencing and blockchain Technology the team believes these five Innovations will change how the world works and generate over 50 trillion dollars in business value and wealth creation over the next 10 to 15 years what explains that there is synergy between these Innovation platforms and the Technologies under each which would help them quickly overhaul the current world order and greatly reward investors the renowned hedge fund manager is almost 100 certain of the direction of these Technologies and here is why so we use our research the screen for our portfolios is not a backwards looking index that would defeat the purpose of investing in the future right the the screen is our research and we give it away so that our clients and others can understand why we're investing in these Technologies why we think they're so important and why they should get on the right side of change this is part of our mantra many people think they are exposed to our kinds of strategies the disruptive innovation with NASDAQ 100 for example they are not if you look into that index which you find fangs Nvidia good company Tesla we own the last two but we have not owned the Fangs for quite some time in our Flagship strategy and if you look down below in the other 50 percent of that portfolio you'll find food stocks you'll find brick and mortar retail you'll find utilities you'll find energy but that's to make things safer in the long run to diminish the risk usually you know what if people want Innovation they should invest someone should provide them with Innovation and not a hedge their advisors can hedge or they themselves can hedge you can hedge with cash as well well if you think about Innovation that's going to discern disturb the traditional World Order who are the big big Bank talking clients of these Banks right the traditional world order they give them a lot of business and these littler companies smaller companies are nipping at their heels and they're basically dismissing them and so we are the only company I think doing the depth of research on truly disruptive innovation out there and we are also doing something else that traditional research firms do not do any anymore they used to when I started in the business we are focused on a five-year investment time Horizon for our public portfolios and now for our public-private crossover fund uh longer still this is what's missing in this market this very short-term behavior that has forced management teams into basically uh catering to short-term desires like buying back shares paying dividends instead of investing in Innovation I do believe that during the past 20 years we have been through the most massive misallocation of capital in history Kathy Wood had the undivided attention of the investment World in 2020 and early 2021 from its lows in March 2020 her Flagship Arc Innovation ETF jumped by over 300 percent hitting an all-time high of 152.61 dollars in February 2021 the rally was fueled by the favorable macro environment and strong investors sentiment towards some of her picks including zoom and teledoc the same fund is now down by over 75 percent in 2022 and woods Reign seems to be fading however she can pull off another brilliant performance once market conditions improve her Glory Days will easily return are you long or short Innovations stocks within the next five to ten years do you think things will advance as quickly as Kathy Woods says or will the timeline be longer please let us know what you think by dropping your comments and observations in the comments section below also ensure you give this video a thumbs up subscribe to the channel and turn on post notifications so you never miss any of our regular uploads thanks for watching
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