"Lady Buffett" Casey Wood: The metaverse is a good idea.
Cathie Wood, better known as "Sister Mu", Founder and CEO of Ark Invest, has worked in the investment industry for 40 years and has won industry accolades as "Lady Buffett".
In a recent interview with CNBC, Mu Jie predicted that the metaverse would be "a billion times."
In this context, he believes in "good ideas which, like technology, can penetrate every industry in ways that are now unimaginable".
"I can say that Metaverse is at the forefront of improvements to Web3.0, as Facebook has turned into Meta. Grayscale claims Metaverse could turn into a million bucks by 2022."
Wood is good that Metaverse will affect all industries and believe in the future the application of Metaverse will be better for sports and equipment. "We will have a digital twin that will be fun and functional."
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“Women Buffett” Cathie Wood, Founder, CEO and CIO of renowned US venture capital firm ARK Invest, said:
Casey Wood, the 2020 bestseller of the year by Bloomberg News, has two accounts in which he manages 10 female dollars for March 2021. He also has a personal value of 250 million dollars, which makes him the "Forbes list" “2020 American Female Personalities.
Casey Wood, 66, has been in the investment world for 40 years. A graduate of the University of Southern California in 1981, he first worked as a financial assistant for Capital Group for 3 years, then at Jennison Associates LLC for 18 years of experience in key roles in investments. Chief Economist, Chief Economist, Portfolio Manager and Managing Director.
For three years after the first company, Casey was the Joint Chiefs of Staff (CIO) of Alliance Bernstein, managing around $ 5 billion for 12 years.
Casey Wood founded Ark Invest in New York in 2014 to focus on impact innovation and capture long-term models that generate huge financial returns. Today, its total assets under management exceed $ 52 billion. Ark Invest achieved an impressive return on investment of 170% in 2020.
Ark Invest's exceptional performance is due to Casey's ability to identify affected markets over the long term. Casey Wood and Ark Invest believe that automobiles, blockchain, DNA sequencing, and robotics could become big businesses in the future, and have focused on these areas, and even investing in cryptocurrencies. at the time of occurrence.
Casey's classic success includes an investment in Tesla. In October 2018, he made the prediction which now looks very promising.
"We think Tesla should cost around $ 2,000 in the current market. And I think that's a concern. Our goal in the livestock market is to hit $ 4,000 in five years."
However, even though he still makes mistakes in his words, of course, it's the time, not the price. Only two years later, he saw the astronomical development of Tesla. For Casey and his investors, that means 1,200% revenue growth.
Bitcoin is another big successful bet for Casey. When Bitcoin cost $ 250, Ark Invest bought and approved cryptocurrencies. So far this year, Coin King's all-time high has exceeded $ 63,000.
Casey has a common theme that describes his own investing strategy: “We're all looking for the next big thing. People who are interested in metrics look back and do nothing. They focus on what has already worked and we think about how that will work. .
If we can't stop using technology, we can only put it on the back burner.
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