Cathie Wood Is Not Wrong (Source: Cathie Wood)

The controversial stock picker explains why she is all about AI — yet dumped Nvidia anyway.

Episode 17 of the TLDR podcast, hosted by Matthew Karasz, Devin Friedman, Kyla Scanlon, Sarah Rieger, titled "Cathie Wood Is Not Wrong (Source: Cathie Wood)" was published on March 12, 2024 and runs 30 minutes.

March 12, 2024 ·30m · TLDR

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Summary

The controversial stock picker explains why she is all about AI — yet dumped Nvidia anyway.

Episode Description

This week on TLDR: we talk with Cathie Wood, the controversial CEO of ARK Invest, an investment-management firm that has become synonymous with the most speculative of speculative tech investments. We ask Wood about her investing strategy, the future of AI, and why she sold Nvidia out of ARK’s flagship portfolio as its shares were soaring. Plus, why Bitcoin is suddenly rallying, The Body Shop’s downfall, and why Formula One is racing to the top with investors.

This episode was hosted by Devin Friedman, business reporter Sarah Rieger, financial educator Kyla Scanlon and former hedge funder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldr

The TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.