I think a lot of inflation is supply-chain related, says Cathie Wood

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  • Опубликовано: 19 сен 2024
  • Ritholtz Wealth Management CEO Josh Brown asks Cathie Wood about issues he has with buying her fund: Growth in the current inflationary environment and why he doesn't see innovation in some of her investments.

Комментарии • 932

  • @doragary3717
    @doragary3717 2 года назад +31

    When you invest, you're buying a day you don't have to work..never stop dreaming

    • @christopherhobb7702
      @christopherhobb7702 2 года назад +8

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @madiezancanellatl9205
      @madiezancanellatl9205 2 года назад

      @@christopherhobb7702 you're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor

    • @jeremygood3246
      @jeremygood3246 2 года назад

      I recently got into forex trading and I'm already marvelling over the profits am making I'm like "how the hell have I been sleeping on this

    • @haydencraig7149
      @haydencraig7149 2 года назад

      @@jeremygood3246 same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some bitcoin before it's too late

    • @christianajoe8563
      @christianajoe8563 2 года назад +1

      I'm new to this Bitcoin trading, how do I get started with the help of a professional?

  • @stanleyjavin4911
    @stanleyjavin4911 2 года назад +19

    I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money invest:ng. For example last year I invested 70k in blue chip stocks and crypt0 s (with the help of my advisor of course) and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off

  • @Onepointmessage
    @Onepointmessage 2 года назад +34

    My law professor always said that if you cannot explain your position in a way that a fifth grader can understand, you have not made your point.

    • @lsrasr158
      @lsrasr158 2 года назад +1

      Bang on. Cathie is an economist, they tend to live in their own realities. I remember an old joke about an economist. An engineer, a scientist and an economist are on a desert island with only cans of beans to eat but no can opener. The engineer and scientist discuss ways they could open the cans using items on the island. Then the economist says they are looking at the problem all wrong. First he says, we assume the can is open.

    • @milkshakeplease4696
      @milkshakeplease4696 2 года назад

      that's a non sequitur rofl guess your law professor never studied logic

    • @timharbert7145
      @timharbert7145 2 года назад

      that's more of an observation of the jury system than investing.
      the computing power and number of phd's in finance suggest much more than a fifth graders understanding of the world is required in the industry.
      to find someone guilty of murder? yep, in our system, fifth grade intellect is about all that is needed. shoot, most newspapers were/are written at or below the 8th grade level.

  • @InvestToLive
    @InvestToLive 2 года назад +81

    I'm not the biggest fan of CNBC but Josh is so great. The RIGHT questions to ask!

  • @GS0021
    @GS0021 2 года назад +63

    She says same thing in every call as if it is recorded🧐
    1. Cumulative doubling
    2. Inventory build up
    3. Deflationary forces
    Would have loved if she answered about glamorous stocks.

  • @mikev324
    @mikev324 2 года назад +35

    The saddest thing is that if you go on ARK's youtube channel none of the people commenting are ever critical of what ARK is doing. These people seem to sheeply believe everything she says. It's mind boggling to me. Josh asked some good questions here.

    • @Nelliott787
      @Nelliott787 2 года назад +2

      Go to any dedicated stock or crypto subreddit or RUclips channel and it’s the same thing my guy.

    • @modernexistence4206
      @modernexistence4206 2 года назад +2

      Not true. Their last video has heaps of criticism

    • @derMcSven
      @derMcSven 2 года назад +1

      the ETF should be called aaarggg

    • @r7j7t7
      @r7j7t7 2 года назад

      Yep. Can you say 1999.

    • @modernexistence4206
      @modernexistence4206 2 года назад

      @@r7j7t7
      What do you mean?

  • @ipwnatcallofduty99
    @ipwnatcallofduty99 2 года назад +145

    Josh has grown up a lot over the last 2-3 years a much more mature individual and investor.

    • @BigErnieBrown
      @BigErnieBrown 2 года назад +2

      Agreed

    • @robin212212
      @robin212212 2 года назад +6

      That may be true but Cathie Woods has forgotten more in the last two weeks than all of what JB knows. And i think JB is one of the better finance talking heads around.

    • @Gogalen789
      @Gogalen789 2 года назад

      Still trying to get Cathie Woods to buy some mining company stocks. Needless to say....it's not working.

    • @BigErnieBrown
      @BigErnieBrown 2 года назад

      @@Gogalen789 Did you call her?

    • @Gogalen789
      @Gogalen789 2 года назад

      @@BigErnieBrown Met her at the silly goose convention.

  • @2271ronnie
    @2271ronnie 2 года назад +83

    Josh should get an Emmy for asking those questions!

    • @greengold6705
      @greengold6705 2 года назад +11

      Cathy to for not answering them.

  • @jessicamoore3093
    @jessicamoore3093 2 года назад +103

    Bottom-line is that inflation is actually above 10% whilst interest rates is sub 2%. Cash is still trash.

    • @johnlennon232
      @johnlennon232 2 года назад +1

      You need to invest in order to protect your hard-earned funds from inflation. You need to invest now because your money is more valuable today than it will be in a year.

    • @jamescomb1170
      @jamescomb1170 2 года назад +3

      Don't attempt to time the market. Focus on every use case behind a token. Consult with a knowledgeable Investment-Adviser who knows the intricacies of the market most especially if you are a newbie to avoid getting burnt. Continuous ROI is better than 40% pump in one day and 90% dump the next week. I still think cryptocurrency is a tool that hedges over inflation. Katherine Rae Lobe is an adviser i have worked with for years, you can look her up

    • @cameronmachado1774
      @cameronmachado1774 2 года назад +2

      Just don't invest in ARK unless you want even less money in a year 🤣

    • @johng.7560
      @johng.7560 2 года назад +3

      The money I put in cash 6 months ago has considerably more value than someone who sent their money sailing on the ARK!

    • @lsrasr158
      @lsrasr158 2 года назад

      @Zahair O'Brian True. But the stock market does not go straight up. It takes 2 steps forward and then a step back. We are in the step back phase right now. Don't know how long it will last. You have to be very selective right now as to what to invest in, to make money in this environment. Traditional value stocks like banks, utilities are probably the way to go now. Growth, future profit companies will make a comeback, but who knows how long it will take.

  • @JJJosh949
    @JJJosh949 2 года назад +212

    Josh truly captured concerns of every ark holder with his second question.

    • @Aquamelli
      @Aquamelli 2 года назад +11

      Exactly. I was invested in ARKQ for most of 2021 and I couldn't wrap my head around some of the holdings that had nothing to do with robotics or automation. She sold all of the $ROK holdings, one of the industry leaders in automation. Makes no sense

    • @elbarca223
      @elbarca223 2 года назад +23

      Don't fall into Cathie's trap. Lost 70% on ARK. Fool me once, shame on you. Fool me twice, shame on me.

    • @method341
      @method341 2 года назад +10

      @@Aquamelli ROK has been going up for 20 years. To sell it for short term gains seems idiotic. She sounds more like a trader than she admits.

    • @Aquamelli
      @Aquamelli 2 года назад +1

      I'm sorry to hear that, @@elbarca223. I was incredibly lucky... I bought in March at $89 and sold in November at $90. I hope you can recoup your loses.

    • @bbauer04
      @bbauer04 2 года назад +5

      do you knowo if she answered that eventually? If so, what'd she say?

  • @hsk8787
    @hsk8787 2 года назад +35

    No idea what shes talking about.. shes still harping on about deflation when cost of living is going through the roof. She must be living in a different dimension

    • @DepravedIngrate
      @DepravedIngrate 2 года назад +6

      @TBD no chance

    • @chrisginoc
      @chrisginoc 2 года назад +1

      @TBD Deflation won't happen until 2023. Supply chains are barely working their way to normal

    • @William14094
      @William14094 2 года назад +1

      In a different dimension just like her portfolio

  • @cobrauf
    @cobrauf 2 года назад +15

    Great second question from Josh. I was a fan of her fund until she kept buying the dip on loser stocks like HOOD. A simple 5 minute Google trend search and website traffic study would tell you that HOOD has been losing web interest and web activity for months. Yet her team of analysts kept buying. Just absolutely idiotic.

    • @harlemkid144
      @harlemkid144 2 года назад

      Their app usage is high though and still growing is not?

    • @cobrauf
      @cobrauf 2 года назад +1

      @@harlemkid144 they fell way short of expected growth this past earnings.

    • @harlemkid144
      @harlemkid144 2 года назад

      @@cobrauf gotcha. I’ve stayed away from the stock since I bought ipo and sold immediately on first pump. If it drop to 6-10 range might be good play

  • @Adin7785
    @Adin7785 2 года назад +76

    I would like to see more airtime from Josh on CNBC. Great guy, great insights!

    • @fxo1024
      @fxo1024 2 года назад +5

      They already give him a lot of airtime, if you want to listen to him more, subscribe to his blog or the YT channel, "The Compound"
      He literally bullshits Cathie Wood in this segment, because if you listen to what he shows on the The Compound is how much better a deep value investor can be over what Cathie Wood does, which is "Cathie overpays". She knows she overpays, and she is paid to be smarter than that. But heck, plenty of bozos exist on Wall Street. They fall hook line and sinker for the Investor Day presentations. That's Cathie...

    • @Adin7785
      @Adin7785 2 года назад +1

      @@fxo1024 thank you for letting me know about ‘The compound’. I really appreciate it!

    • @miamielite7773
      @miamielite7773 2 года назад +1

      This man just needs his own show period..

  • @demri123
    @demri123 2 года назад +60

    2020 was an anomaly. She was in the right sector at the right time, when trillions of dollars were printed and billions of ppl were locked down with nothing to do buy day-trade

    • @lillianz7111
      @lillianz7111 2 года назад +1

      Plus the interest rates drop to zero.

    • @katmandewtoolsngames3116
      @katmandewtoolsngames3116 2 года назад +2

      Amen amen she's actually a terrible trader she just got lucky but luck has run out for her she's gone downhill all year long

    • @revo1974
      @revo1974 2 года назад

      Trump screamed at the Fed to step in when the stock market was taking a dive due to covid. They lowered rates and bought 120 billion a month. At the same time the government is handing out free checks, giving out cheap loans and extending unemployment. It’s all coming to an end now.
      The world is more connected than throughout history due to computers. You do have more participants in the markets today than ever before, including people from other nations. So that is a helpful variable, but the inevitable is a minimum 40% haircut in the S&P. Just have cash to buy after it crashes.

    • @Davidp915
      @Davidp915 2 года назад +1

      Clean and concise statement. Non-political. Nice. Agreed

    • @steffverdonck4420
      @steffverdonck4420 2 года назад

      + she mainly targeted small caps where she blew up the price herself

  • @palatialgolf
    @palatialgolf 2 года назад +17

    Put aside Cathie’s intellect.This is the first interview I’ve seen of her this year, you can hear and see from tone and body language she’s seriously feeling the heat. As if cause they’ve lost so much they’ve gotta stick to their guns. Will be interesting to see where Ark go from here. Great questions from Josh!

  • @R4dr1ar
    @R4dr1ar 2 года назад +53

    Warren Buffett: 'It's only when the tide goes out you know who's swimming naked.'

    • @hansdoreen
      @hansdoreen 2 года назад +9

      Seriously, I don't wanna see her naked.

    • @R4dr1ar
      @R4dr1ar 2 года назад +2

      @@hansdoreen Me neither 😂🙈

    • @Bluecollarworker01
      @Bluecollarworker01 2 года назад +5

      Warren Buffett is a one world order hack that doesn’t care about anything but profits. Take that as you may will.

    • @42dunbar
      @42dunbar 2 года назад +5

      Saw a picture of her in her 20’s. She was quite a looker.

    • @jedi4049
      @jedi4049 2 года назад

      @@Bluecollarworker01 lol and who are you

  • @Strafingx44
    @Strafingx44 2 года назад +33

    You can tell cathie's body language and confidence has changed completely

    • @mayor399999999999999
      @mayor399999999999999 2 года назад +3

      That's what I thought.

    • @CA213FAN
      @CA213FAN 2 года назад +8

      She is shook i agree. Mumbling alot. Almost like she does not like the kool aid she is selling any more.

    • @Thewu168
      @Thewu168 2 года назад +3

      Did she even answer the questions

    • @pattycrown9174
      @pattycrown9174 2 года назад

      People are on to Cathie and I do t blame them.

  • @greengold6705
    @greengold6705 2 года назад +27

    I love how she literally didn't answer anything Josh asked her 😂. You are crazy if you invest with this person.

    • @Stoneface_
      @Stoneface_ 2 года назад +6

      Exactly. It's a simple question. 'How are Draftkings and Robinhood innovative'? But she went on a tangent and started the deflation narrative 🙄

    • @georgeholloway3981
      @georgeholloway3981 2 года назад +2

      That's incorrect. She addressed his question about inflation head-on. We do not know whether or not she went on to answer his other questions, because this may not be the entire interview.

    • @Stoneface_
      @Stoneface_ 2 года назад +3

      @@georgeholloway3981 I've watched the entire interview which was 40+ minutes and she didn't answer the question. I can send the full link of the interview, if you want.

    • @georgeholloway3981
      @georgeholloway3981 2 года назад

      @@Stoneface_ Sure, I'd be willing to watch that. Thanks!

    • @Stoneface_
      @Stoneface_ 2 года назад +1

      @@georgeholloway3981 ruclips.net/video/v25Vx-_k5ig/видео.html. Video starts at 6:00.

  • @dannyenglish7828
    @dannyenglish7828 2 года назад +21

    I respectfully disagree with Cathy about cause of inflation. Supply chain issues is of course a part but Printing money is a big part too. Just look at luxury items. I don’t understand why Cathy overlooked it.

    • @cosmicbutthairs
      @cosmicbutthairs 2 года назад +9

      Because it fits her narrative. She needs money coming into her fund so she's giving ppl a partial picture aka lie. She's not completely wrong on her outlook but the deflationary forces she's talking about is decades out to become anything mainstream so not necessarily a lie but deceiving.

    • @alohastateofmind3565
      @alohastateofmind3565 2 года назад +2

      Bingo!

    • @CitsVariants
      @CitsVariants 2 года назад

      chick has a economics background and talks innovation like she knew engineering.

    • @v8only682
      @v8only682 2 года назад

      Ok cool, she manages billions of dollars and who are you again?

    • @fxo1024
      @fxo1024 2 года назад

      That's right the market of 2020-21 was backstopped as well by the Fed, this created a frenzy that initially her firm took advantage of.
      M2 money supply went through the roof in 2020. A lot of that money too wound up in the market.
      Now ARK funds sits on the 100th percentile of performance (the absolute worst), because a real market is starting to exist again. One based on valuations, and real growth, and most of all a stream of profits,
      50-60% of Americans now hold free market equities, the highest it has ever been in history. Let's see how that works out.

  • @swapnil6080
    @swapnil6080 2 года назад +7

    we analyse 🧪 -> we believe ✝️ -> we hope🤞 -> we pray🙏 -> we cry 😢

  • @bkinstler
    @bkinstler 2 года назад +21

    Josh - exactly the right questions, and the right way to ask. Cramer is a narrow-minded clown.

    • @Mfam777
      @Mfam777 2 года назад +1

      He’s old. Beyond me why they still have him on

    • @243wayne1
      @243wayne1 2 года назад

      @@Mfam777 Agreed fellas.
      Jim Cramer Net Worth = $150M
      Cathie Wood Net Worth = $250M

    • @Thewu168
      @Thewu168 2 года назад +2

      @@243wayne1 you do know that’s not a significant difference. What’s your compared to theirs?

    • @243wayne1
      @243wayne1 2 года назад

      @@Thewu168 $100,000,000.00 MORE is a VERY significant difference!

    • @CarlosMendoza-kj2uz
      @CarlosMendoza-kj2uz 2 года назад +1

      How is Draft Kings innovative? Seriously, You think that was a right question?

  • @elbarca223
    @elbarca223 2 года назад +6

    Don't fall into Cathie's trap. Lost 70% on ARK. Fool me once, shame on you. Fool me twice, shame on me.

    • @pattycrown9174
      @pattycrown9174 2 года назад

      I know friends that lost huge amounts of money because of this fake guru named Cathie Woods. Best to stay away !

  • @apapado2008
    @apapado2008 2 года назад +22

    Why didn't she answer the question about Robinhood?

    • @andreasamorin2958
      @andreasamorin2958 2 года назад +12

      because it is obvious that Josh is right and it is not a disruptive company and she knows it ;)

    • @thegodhead
      @thegodhead 2 года назад

      @@andreasamorin2958 that must be why she continues to add to her position. Better hurry up and short it!

    • @andreasamorin2958
      @andreasamorin2958 2 года назад +1

      @@thegodhead When was the las ttime she bought ARKK shares with her own money? Izt is easy to waste other people's money. In addition, I wrote that HOOD is not a disruptive company, is that so out of the ordinary? grow up

    • @trooking1
      @trooking1 2 года назад

      She wasn’t able to answer the second question, the host had to cut her off because of time. I appreciate her knowledge and explanation of her process, but I think she needs to be able to speak more concisely, just hit the key points, her answers tend to drag on a bit.

    • @R3tr0v1ru5
      @R3tr0v1ru5 2 года назад

      @@andreasamorin2958 Apart from it literally disrupted an entire industry. Sure bro.

  • @IamMonikaDLC
    @IamMonikaDLC 2 года назад +18

    Cathie is a class act giving Josh props for standing up for her and her funds

  • @dmjh932
    @dmjh932 2 года назад +34

    I watched the entire Cathy Wood interview. I found her explanations and reasoning for her funds bad performance to be extremely weak and unimpressive. Josh asked two very simple questions. She proceeded to defend her research and elected to ignore historical data. She did not even address his second question at all. I found her answers throughout the entire interview to be convoluted. No thank you Cathy Wood.

    • @mahrak101
      @mahrak101 2 года назад +2

      She didn't ignore historical data. She is saying this is not the 40's or the 70's, because inflation is not going to last for a decade due to the deflationary forces she mentioned

    • @dmjh932
      @dmjh932 2 года назад +5

      @@mahrak101 She was very defensive. She consistently implied that everything she owns will one day go to the moon without exception based entirely on her crack staff. She does ignore historical data by giving it no credence. She did not answer his second question. Out of respect he wasn't going to push back.

    • @CA213FAN
      @CA213FAN 2 года назад +3

      Illogical managers like Cathie, can take down a market. Should we be worried?

    • @42dunbar
      @42dunbar 2 года назад +2

      @@mahrak101 Her funds needed wartime levels of fiscal stimulus and monetary policy intervention to hit their ATH’s. Hard to see how we get back to that sort of environment anytime soon.

    • @tacohermans1146
      @tacohermans1146 2 года назад

      @@42dunbar
      Agreed. It's going to be a very long hold. But still a hold.

  • @Southsidelion514
    @Southsidelion514 2 года назад +8

    Cathie side steppes that second question like an athlete

  • @mikev324
    @mikev324 2 года назад +10

    She didn't answer the questions, certainly not about her "glamour picks" like Draftkings or Robinhood which have nothing to do with innovation.

    • @Cthames123
      @Cthames123 2 года назад +1

      Yeah, Cathie kind of filibustered her way through this question until the clock ran out! With the bridging technique people don't answer the question given to them but they answer the question they prefer to answer. Those really skilled at it can do it in such a way that it's hardly noticeable that they didn't actually answer the question posed. Cathie isn't the best Bridger. She never spoke to the value outperforming growth by 10% on average point raised, or any of the others you mentioned including, how is Teledoc a genomic company? (whether it is or isn't or the rationale in picking it for the ETF).

    • @R3tr0v1ru5
      @R3tr0v1ru5 2 года назад

      Robinhood disrupted an entire industry and Draftkings will too.

  • @Ppfp
    @Ppfp 2 года назад +15

    I don’t miss Josh videos always on point and directional.

  • @paudieconroy4911
    @paudieconroy4911 2 года назад +21

    We will look back at Arkk and Cathie Wood in 5 years timed say, how did we give her and her fund so much air time. She's pumping her book and CNBC keep putting her on!!

    • @bluejackscanada
      @bluejackscanada 2 года назад +1

      No way!
      They will just say “ in another 5-10 years “
      Just keep stressing long term.
      That what people down 60% want to hear.

  • @inicktye
    @inicktye 2 года назад +8

    She is consistent. Every play is a hail mary into triple coverage. You get what you pay for.

    • @kh-fk3ko
      @kh-fk3ko 2 года назад +3

      She is a complete fraud. She should be in jail.

    • @ettin05162
      @ettin05162 2 года назад

      Tesla was her Doug Flutie moment! 😂

  • @boardgamerants
    @boardgamerants 2 года назад +8

    Poor Cathy, they just gave up and cut off the interview. Arkk almost 60% down from its highs... the fall from grace.

    • @NickOloteo
      @NickOloteo 2 года назад +1

      And the only reason she hit her high was due to artificially low interest rates and the government giving a bunch of 🤡 stimulus checks, that’s the true innovation.

    • @georgeholloway3981
      @georgeholloway3981 2 года назад

      You don't seem to realise that the "cut" is editing for RUclips. It's not necessarily how it was broadcast on TV.

    • @bluejackscanada
      @bluejackscanada 2 года назад +1

      You forgot HYPE and MOMENTUM!

  • @paudieconroy4911
    @paudieconroy4911 2 года назад +3

    A famous quote in the Movie,Margin Call "Please, speak as you might to a young child, or a golden retriever" . She had her chance to convince people, she spoke nonsense for 5 minutes.

  • @afroinvest3269
    @afroinvest3269 2 года назад +81

    Remember when Cathie bought Coinbase and Robinhood at all time highs? That is the moment I realized I should sell my ARK funds

    • @penname4764
      @penname4764 2 года назад +8

      you do know how ETF's are structured right? ARK is mostly held by retail traders and retail traders are most likely to buy at all time highs. When people buy ARK at all the highs, the ETF is supposed to buy those stocks

    • @42dunbar
      @42dunbar 2 года назад +5

      @@penname4764 Both companies IPO’d in 2021. ARK made a choice to add them their fund(s).

    • @nczioox1116
      @nczioox1116 2 года назад +15

      Also when she bought peloton at $160 a share? Now its like $30

    • @austinryder9028
      @austinryder9028 2 года назад +2

      Clearly should have never owned the fund since you were that concerned about short-term price points of single securities within the entire fund.

    • @chrisginoc
      @chrisginoc 2 года назад +10

      Cathie although smart rode the wave of such stocks as Tesla and the FED's QE the past 2 years. Luck or actual skill? I think you can answer that question. I think she is having a hard time navigating this current market.

  • @viffer94
    @viffer94 2 года назад +32

    I tuned into CNBC this morning but I quickly had to switch off because I was afraid half my portfolio was going to suddenly disappear.

  • @markdaytrader8736
    @markdaytrader8736 2 года назад +7

    "One is a bookie" Love it !! Josh Brown = smart guy.

  • @Neo-Masculinity
    @Neo-Masculinity 2 года назад +7

    Investing in cranks (industrials) and tanks (petrol) is not investing in the past, it is investing in the bedrock foundation of the modern economy.

  • @joaminow6943
    @joaminow6943 2 года назад +23

    The problem is simple. The ARKK fund is all in on one style factor of the market - high beta. When economic conditions favor high-beta growth - life is good. When they don't - watch out below.

    • @zcorpalpha2462
      @zcorpalpha2462 2 года назад

      Disagree

    • @William14094
      @William14094 2 года назад +2

      Not that simple. It's a hype train that went off the rails. Try getting it back on track when macro conditions are better. Not happening.

    • @NickOloteo
      @NickOloteo 2 года назад

      @@William14094 this is the correct answer. It’s because of artificially low interest rates and stimulus check 🤡🤡

    • @petermaag9622
      @petermaag9622 2 года назад

      You're correct. It's well known though, so it's an allocator's job to size it correctly - or not invest at all

  • @lindapoplin7150
    @lindapoplin7150 2 года назад +10

    I pray everyone that sees this will become a millionaire in 5 years

    • @thomasdooley3702
      @thomasdooley3702 2 года назад

      Your businesses will make you rich but your investments will make you wealthy.

    • @roycorey7454
      @roycorey7454 2 года назад

      Assets that can make rich
      Crypto
      Stock
      Real estate
      Gold

    • @kelvinmcdonald5113
      @kelvinmcdonald5113 2 года назад

      Investing in crypto is the most profitable investment due to its current rise, huge profits and future benefits.

    • @josephfrys6969
      @josephfrys6969 2 года назад

      @@kelvinmcdonald5113 Fear is one of the factors that hinder most persons to invest into crypto, most persons say ignorance..

    • @doragary3717
      @doragary3717 2 года назад

      @Valerie Gawthrop 90% of millionaires right now are investors in crypt0 market.

  • @zinkojm
    @zinkojm 2 года назад +3

    These are the most dangerous ETFs I’ve seen as the stocks are in a super bubble and the principal is still pumping them up as the bubble decouples. They will say anything to pump up the price without any realization of the -50% loss some investors have experienced. The principal is not taking any responsibility for the super bubble that was created and the losses investors have experienced.

  • @JDN20
    @JDN20 2 года назад

    People like Josh. He just isn’t woke, actually educated, not shameful in his masculinity, and overall not a total shill for guests.

  • @alexferguson4889
    @alexferguson4889 2 года назад +43

    She was wrong on inflation since April of last year calling it transitory. Today she fails to understand the demand pull side caused by too much money printing. And to be fair, she lives in lala land with her predictions.

    • @yomismo6969
      @yomismo6969 2 года назад +2

      The main cause of inflation is china
      First they can't produce cheaply anymore
      Second they are competing for the same scarce natural resources as many other contries.

    • @cafferacer
      @cafferacer 2 года назад +2

      It's almost like theres no understanding of basic economics. I was just watching a old Milton Friedman and he was saying in hundreds of years, there's always inflation following a monetary bump. I kinda believe that's true, and if it is, wouldn't it be hard(er) to typecast this inflation as 'supply chain' or transitory only?

    • @romanbass7126
      @romanbass7126 2 года назад +1

      @@yomismo6969 however, china has much less inflation compared to other western countries, e.g. US

    • @yomismo6969
      @yomismo6969 2 года назад

      @@romanbass7126 PPI in china 9.1 in January and I will guess you trust the CCP Numbers.

    • @alexferguson4889
      @alexferguson4889 2 года назад +1

      @@cafferacer inflation is hitting from both the demand push side and demand. For some reason a lot were ignoring the power of monetary policy. Milton Freedman understood that well. If you look at history, the Fed almost always overreacts and ends up breaking something.

  • @golgothan
    @golgothan 2 года назад +19

    Either I zoned out, or she didn't answer his question.
    But I support her strategy, and see the out of place stocks as a way to hedge, because their prospects seem to be more near term than the higher risk picks that don't show earnings yet.
    Basically the same way they use Apple instead of cash.

    • @blessedspear2642
      @blessedspear2642 2 года назад +2

      i zoned out too. i dont think she did

    • @golgothan
      @golgothan 2 года назад +3

      @D. J.
      Kinda figured something was edited out, but I'm just referring to his question as to why she has Teladoc under genomics, or something like John Deere in the Space Exploration fund.
      I do feel they're very loosely related, or could play a more direct role in the future, but his point seemed to be people probably don't see them as qualifying, and it makes Ark seem like they're a little incoherent.
      Oh well... maybe it creates a virtuous self selection bias that rewards those who share her perspective on the future.
      Give the haters something to hate.

    • @elbarca223
      @elbarca223 2 года назад +3

      Don't fall into Cathie's trap. Lost 70% on ARK. Fool me once, shame on you. Fool me twice, shame on me.

    • @golgothan
      @golgothan 2 года назад +1

      @@elbarca223
      Not sure if that's fair... their horizon is long term with high volatility and risk.
      That's why the next fund, coined Ark on steroids, is going to have a lockup period from what I've heard.
      I think Ron Baron's fund has a similar strategy to keep people from jumping ship in downturns.

    • @golgothan
      @golgothan 2 года назад

      @D. J.
      That's my thinking with Deere.
      When we're established in space, Deere may have an advantage in capitalizing those opportunities.

  • @fhowland
    @fhowland 2 года назад +16

    She has a degree in economics and she thinks it’s just supply chain causing inflation? I wouldn’t buy her fund based on that alone. She’s quite the BS artist.

    • @MrRigondeaux
      @MrRigondeaux 2 года назад +8

      Shes totally clueless. Her fund will go to zero

    • @fhowland
      @fhowland 2 года назад

      @@MrRigondeaux 💯

  • @BudgetKitchen0
    @BudgetKitchen0 2 года назад +2

    For Everyone talking about 2nd part of the question, she didnt get to answer 2nd part cuz Scott interupted her with other questions and thoughts. this was a longer conversation to have, hopefully Cathie can go on to Josh Podcast to continue the conversation. We all know CNBC has limited time for ea guest.

  • @ronaldomike
    @ronaldomike 2 года назад +9

    Respect to her for coming on TV often to voice her views

    • @josephdavis2982
      @josephdavis2982 2 года назад +5

      She never met a camera, that she didn't like, her fund can go to zero, and she would still be on TV telling you everything is going to be ok.

    • @ryangardner1577
      @ryangardner1577 2 года назад

      Disaster interview btw

    • @chandlerfreeman1633
      @chandlerfreeman1633 2 года назад

      Respect?? She wants to project as credible after her fund got exposed, She is raking 0.75% annually on ETF management for -27% ytd returns, she is shameless

  • @Pete63
    @Pete63 2 года назад +10

    Why is Telesdoc a top genomics pick? Did they edit out her direct answer to a direct question?

    • @htabari
      @htabari 2 года назад +2

      Seems like the video stopped before she was done with answering the first part of the question.

  • @adamhopkinson7299
    @adamhopkinson7299 2 года назад +15

    Great questions and I don't think she answered the second part at all about the odd "innovation" holdings, she is praying oil costs come down to cool the inflation rate back half of this year.

    • @hairharbor5080
      @hairharbor5080 2 года назад +1

      I watched the interview live. They cut her off for time before she got to the second question.

    • @bh-zj4yt
      @bh-zj4yt 2 года назад

      She knows Iranian oil is in play

    • @vineetjain3222
      @vineetjain3222 2 года назад +1

      @@hairharbor5080 what did she say, especially on how Robinhood and Teladoc are innovative?
      CNBC hasn't put out the next video unfortunately!

    • @hairharbor5080
      @hairharbor5080 2 года назад +2

      @@vineetjain3222 they cut her off to ask another question before she was able to speak about RH or TD

    • @fxo1024
      @fxo1024 2 года назад

      That's right she totally deflected the question why she holds so much trash. She was coached if you watch carefully to answer the way she did. Watch her she goes off and reads her smart phone on how to answer this tough question.

  • @kanakchopra
    @kanakchopra 2 года назад +1

    Didn't get any answer for teladoc question, it is nowhere close to genomics

  • @dandical
    @dandical 2 года назад +9

    She couldn’t explain why teladoc is major holding in genomic fund.

  • @j.c.4192
    @j.c.4192 2 года назад +2

    See the gulp on granny woods. This guy is asking all the hard questions I have no good answers for.

  • @joehusami7416
    @joehusami7416 2 года назад +6

    What a gentlemen! Appreciate you standing up for Cathy! I feel she is right and those that choose her side will be rewarded in the long run. Oil doesn't excite me, even oil Executives know their time is up. Call this maybe their last hurrah!. Maybe 5 years at most thier industry is in trouble. They need to make as much money now in order to pivot away from oil. This is what we are seeing now. Same for many other industries. Innovation 💡 is the way forward!

  • @paulrobinson6125
    @paulrobinson6125 Год назад +1

    Mr Brown should teach economics, well done professor.

  • @thomasrust6637
    @thomasrust6637 2 года назад +28

    I remember her giving a macro prediction for deflation, not inflation...

    • @CitsVariants
      @CitsVariants 2 года назад +1

      oil peaking at 60$ because of electric vehicles. No hate.

    • @ettin05162
      @ettin05162 2 года назад

      @@CitsVariants I remember thinking when she said that - it’s not gonna happen overnite. Give it 10-15 years.

  • @taduko5398
    @taduko5398 2 года назад +1

    It seems like josh will not sugar coat the question to anyone. Hard hitting questions. And i bet cathie wood is great on the dance floor

  • @natlee2472
    @natlee2472 2 года назад +5

    Great questions by Josh! Doesn't matter because Cathy is a speculator.

  • @frankwoodbery2473
    @frankwoodbery2473 2 года назад

    Josh is really the only person on CNBC that have ever paid much attention to. Lots of the guests like Jeff Gundlach and Leon Cooperman are great.

  • @kdspland
    @kdspland 2 года назад +14

    Josh mailed it in on this segment. He is in awe of CW, even he knows this is bad investment.

  • @ZartmoBThoughtForms
    @ZartmoBThoughtForms 2 года назад +1

    She'll be proven right.

  • @d.j.walker3671
    @d.j.walker3671 2 года назад +3

    Josh Brown, journalist. Those were great questions.

  • @Stoneface_
    @Stoneface_ 2 года назад +1

    Cathie should get an award for dodging Josh's question. She went on a tangent and started talking about deflation this and that. That was not the question. Again, the question is: how are Draftking and Robinhood 'innovative'? They're not doing anything unique or special.. I'm disappointed in her answers.

    • @jtg2525
      @jtg2525 2 года назад

      To be fair she did answer his first question, that was his second

  • @BaccaratDegen
    @BaccaratDegen 2 года назад +7

    Finally two respectable people on CNBC I can tolerate. Not withstanding, both Josh and Cathie have some big misses this year. I still like hearing there thesis on the market

    • @cbane
      @cbane 2 года назад +3

      Everyone has huge misses

    • @randg2735
      @randg2735 2 года назад

      Still waiting for that PayPal bounce 😂

    • @jwa7378
      @jwa7378 2 года назад

      @@cbane Exactly

  • @thecountofmontecristo8280
    @thecountofmontecristo8280 2 года назад +1

    Josh is clearly a smart operator - smooth also - so he knows how to approach a potentially prickly subject. I think you can workout from his phrasing that he actually has no interest in owning ARKK because when he likes something he buys it. It was just a really smart and engaging way to converse with the hand that feeds him - so to speak. If I owned ARKK I'd be deeply concerned by Cathie's answer to the first question about inflation. Sure we can all talk about deflationary forces of technology, no argument there. But how she is finding solace in an inverted yield curve on the basis that perhaps it precedes a low growth, low inflation environment seems somewhat short sighted. If that were to eventuate I very much doubt that we'd avoid a recession and potentially something more entrenched and long lasting given the debt burden we currently face. So while it might answer Josh's concern, it actually just replaces it with another, being that neither scenario is ideal for here fund.

  • @rizwanakarizzy8771
    @rizwanakarizzy8771 2 года назад +6

    She doesn’t know anything but “thinks” a lot

  • @rainmon
    @rainmon 2 года назад +1

    Thank you for NOTHING CNBC putting up this video and not letting it run the full length so Wood's could finish her points! What BS

  • @rickbains4452
    @rickbains4452 2 года назад +5

    She looks exactly like my ECON instructor in college. No one including myself understood what the hell she was talking about. LOL. But she was nice enough to base all exams and quizzes on the course textbook. We just studied the text book and did very well.

  • @boardmeetingsofficial
    @boardmeetingsofficial 2 года назад

    She said oil was worthless at 18$ barrel. Let that sink in.

  • @martinclark6952
    @martinclark6952 2 года назад +21

    She predicted 25%+ returns a year for the next five years at the beginning of 2021. Then her fund yanked more than 50%. Ouch! Why would anyone take her seriously after she lost all their currency?

    • @qp9vp
      @qp9vp 2 года назад +1

      Because they look long term and not short term.

    • @theequalizer2727
      @theequalizer2727 2 года назад +2

      She predicted 40% a year in Dec 2021

    • @timharbert7145
      @timharbert7145 2 года назад

      under conditions of 'ceteris paribus'? sorry, unfunny econ reference.....

  • @bradleylabra7975
    @bradleylabra7975 2 года назад +1

    Josh Brown Great questions!! Queen Cathie!!!!
    Love you both❤️❤️❤️
    My two favorite.

  • @NoName-hs3sf
    @NoName-hs3sf 2 года назад +4

    Good job Josh tough questions loved it.

  • @alwaysup22
    @alwaysup22 2 года назад

    I would not want Josh asking me questions on National TV. This guy should be on 60 minutes.

  • @rcl970
    @rcl970 2 года назад +6

    So the Fed reserve doubles its balance sheet from $4.2 Trillion to $8.9 Trillion, so that the treasury could send checks to most everyone in the county, grant PPP forgivable loans and Employee Retention Credits to most small businesses and Cathie Woods still thinks inflation is caused by supply chain issues? No there are more dollars chasing (bidding for) goods and therefore those bids (price) increase. Economics 101

    • @willsupernintendo
      @willsupernintendo 2 года назад

      Worse than that, people are dumping dollars. Fiat currency has lost its credibility vs physical goods.

  • @vaderfluffy
    @vaderfluffy 2 года назад +3

    i become more impressed with Josh the more i see him.

  • @youtubesucks8024
    @youtubesucks8024 2 года назад +4

    I feel like she talks a lot, but never really says anything

  • @spanish8529
    @spanish8529 2 года назад

    Cathie Woods is right. Just my opinion. Not financial advise. This is for entertainment purposes only.

  • @NoName-hs3sf
    @NoName-hs3sf 2 года назад +4

    The problem with most of stocks in portfolios are not making money and or trading at super PE RATIOS

  • @tysonthestocktrader3811
    @tysonthestocktrader3811 2 года назад +6

    Who cares it’s down 50% this year she’s still beating VOO by a 100% on the 5 year. What can’t people understand about long term.

    • @nczioox1116
      @nczioox1116 2 года назад

      Shes certainly buying high and selling low very quickly on a lot of stocks for a supposedly long term outlook

  • @Tangopassion1
    @Tangopassion1 2 года назад +9

    Cathy is right, it is hard for older investors to accept that short time dealing is out, long-term Wall Street will come back, many old ways of doing things will go away.

    • @brianglick169
      @brianglick169 2 года назад +3

      Cathy is correct. We are headed for a prolonged depression where prices of everything-including her loved funds-will collapse.

  • @rogerwx
    @rogerwx 2 года назад +1

    as a scalper for 40 years, this is why the 20 year olds have never seen a down market, and this will continue for so long, this is double talk love josh for a trader type of guy.....I've been waiting for this sell off for a year....also ask yourself Why should it go up?

  • @shannoninnes3974
    @shannoninnes3974 2 года назад +40

    First, they ignore you, then they laugh at you, then they fight you, then you win. A fully decentralized, peer-to-peer network is unstoppable. Bitcoin is inevitable.

    • @dustinbowie3616
      @dustinbowie3616 2 года назад

      What strategy should a new investor like myself employ ? I started investing only this year and so far all the coins I have invested in happen to drop immediately after I get in. Do I wait for more stability before giving another try?

    • @amandabellz4056
      @amandabellz4056 2 года назад

      @@dustinbowie3616 My consultant is “Stephanie Priscilla Bonillo” I found her on a CNBC interview where she was featured and reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can look her up online with her name if you care supervision. I basically follow her trade pattern and haven’t regretted doing so. I made up $60,000 in q4 2021.

    • @dustinbowie3616
      @dustinbowie3616 2 года назад

      @@amandabellz4056 Amazing I'll do that right away . Thank you

  • @MadACeTeeMack
    @MadACeTeeMack 2 года назад

    What does the supply chain have to do with making a bet online and sending money to freinds and family?

  • @susanlanez6918
    @susanlanez6918 2 года назад +89

    I believe < that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Kennet Gibbs has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 20 BTC lately......

    • @susanlanez6918
      @susanlanez6918 2 года назад

    • @hRt42kuo7jTtmk14
      @hRt42kuo7jTtmk14 2 года назад +2

      👆🏼👍🏼🤬🤦🏻‍♂️ALL SCAMMER POSTS!!!👆🏼🤢🤦🏻‍♂️🤮🤦🏻‍♂️💀🤮DO NOT CONTACT THEM!!!🤮🤢💀🤢🤬🤮🤦🏻‍♂️🤮💀🤦🏻‍♂️💀🤮

    • @andrewnmontemayor
      @andrewnmontemayor 2 года назад +2

      Kennet Gibbs is a scammer. I lost everything

  • @joestikeman83
    @joestikeman83 2 года назад

    She’s a queen. I can’t believe she’s 70

  • @brijukukreja7052
    @brijukukreja7052 2 года назад +4

    I like Cathy Woods and i think her funds will pay off in the long run. One can $ cost average now however there may be more surprises. As long as one can keep composure for long term...

  • @comedypill8335
    @comedypill8335 2 года назад +2

    She rambled on and barely answered the questions. I feel dumber after listening to her talk.

    • @CA213FAN
      @CA213FAN 2 года назад

      she shook. Kool aid not tasting so good anymore.

  • @sidneyleejohnson
    @sidneyleejohnson 2 года назад

    I have no idea whether that was the end of the interview or whether she actually answered his last detailed question.

  • @bkinstler
    @bkinstler 2 года назад +5

    Cathy makes a valuable argument that is worth considering as a tool even if you don’t agree. To ARK, Inflation is noise. Politics are noise. Bond yields are noise. EVs are not noise, nor are AI, or CRSPR technology, or fintech. The big secular trends that move history and culture are more than just profitable companies - they shift paradigms, If you track these technologies over time, you’ll see the $ that follows. Cathy Woods’ strategy/theory may well turn out to work well. It’s not the only valid strategy. . But to a typical fund manager or talking head like Cramer - traders who think in a 6-12 month time-frame - she looks like an idiot. Whatever she is, she’s no idiot.

    • @Cthames123
      @Cthames123 2 года назад

      Agree 100%. A lot of people got rich investing in the ARK ETFs since 2014 when Cathy was a genius stock picker. How did she all of a sudden just get so stupid? Hard counting out the ARK ETFs and what those guys are doing over there. I think the only question is just how long will they be down, as I think they are certain to be back up.

  • @miamielite7773
    @miamielite7773 2 года назад

    DAMNNNNN he hammered her.. Finally someone has balls

  • @thegodhead
    @thegodhead 2 года назад +13

    Robinhood isn’t disruptive at all, obviously.

  • @shoheioberson9075
    @shoheioberson9075 2 года назад

    Josh is awesome cause he manages quite a lot, AUM wise, 500M to 1B likely. Skin in the game people interviewing and giving their thoughts, that's what we need.
    Also, what do people want from Cathie? These companies she's invested in hire 100K+ people doing complex programming, manufacturing, and modeling to make the world more sustainable, productive, and innovative. if she's taking a hit, its a short term hit on good companies with strong leadership.

  • @thetruth9656
    @thetruth9656 2 года назад +8

    Im sure she got so much heat the past year, but I have a feeling she might be right and she knows what she’s talking about

  • @RonZe-qj2qx
    @RonZe-qj2qx 2 года назад

    Answer for both questions were not there at all ( ????)

  • @DDn3wAC
    @DDn3wAC 2 года назад +4

    She didn't answer any of the questions at all.

  • @casienwhey
    @casienwhey 2 года назад +1

    Those were really good questions, very insightful.

  • @MrShanester117
    @MrShanester117 2 года назад +5

    Corporations are posting record profits by jacking up prices. Pretty simple.

  • @ninja_ape
    @ninja_ape 2 года назад +2

    If inflation is there, then why aren't the companies valuations inflated? Meaning when inflation is controlled the companies will even drop more since they will lose the pricing power?

  • @rachitacharya9370
    @rachitacharya9370 2 года назад +6

    sounds good, doesnt work!! scam!!

  • @ruthlessluder
    @ruthlessluder 2 года назад

    Where is the video of CNBC zoom account running out of time?

  • @playbak
    @playbak 2 года назад +10

    Great question, even better non-answer

  • @schecter6l6
    @schecter6l6 2 года назад +1

    It's the same old story with these inflated asset bubbles that occasionally happen in the market due to rates staying too low for to long, you get an oversupply of mal investment and even speculation. In Cathy's case both has happened. At some point when rates start to go higher and growth slows they hit these stocks hard and in many cases they never return to their highs for years and decades and some even go bankrupt. At some point when the redemptions hit Cathy's funds and her clients have seen enough pain her fund will blow up if it hasn't already. There are always several of these Cathy Woods that always blow up when the bubble finally bursts and unfortunately become a part of the history of that time in markets that they remember who got it so wrong or didn't understand basic market dynamics when there is a shift in the monetary policy or interest rates.

  • @religionlol7323
    @religionlol7323 2 года назад +15

    This is what happens when you invest in a fund full of hype meme stocks with no revenue.