I know it may be a while, but if you think about humans colonizing the moon, and eventually Mars, 3D printing using native materials is an absolute must. That's ARKQ. Autonomy, robotics, AI, 3D printing.
OT: Stock and Investment Thread
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I never heard her speak. She isn't an impressive speaker to say the least.
The rise in these ARK ETF's has been interesting to watch. Inflows seem to be driving the funds higher. Could get ugly if that reverses.
Cathie is a very nice person and cares a lot about transparency. She is genuine and honest as one can be in Wall Street. I agree that she is not an impressive speaker and almost seems like she has Asperger's.
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It's all about the data, research, and figuring out what the next innovation is. Don't care that she isn't a polished speaker (makes it less likely that she is a snake oil salesman! LOL).
It was her forgetting basic facts (like the name of Telsa's biggest competitor) and reasons to buy a stock (XYZ is buying the stock, etc) which sounded more like a bad financial advisor than head of a fund company.
She has the signs of an introvert that is forced to be an extrovert due to her career. She will never be a natural public speaker, but as you said, doesn't really matter.
Noisy. Isn’t everything electric going forward? Flying taxis. That’s the real game changer.
Is Elon working on a flux capacitor?Not when we master nuclear fusion
March 19 puts breakeven is ~$50. Selling calls looks attractive. March 19 120 calls is $35.
I don't think electric VTOL will ever become a thing, besides a toy for the super wealthy.
Autonomous cars/taxis for short distance, with an extensive tunneling network in urban areas
Hyperloop for medium distance travel
Starship for intercontinental travel.
No more airlines.
If you're a freshman at RU maybe by your 25th reunion. More likely your 50th.
Edited to add: How long did it take to finish the Big Dig up in Boston? How long is it taking not for a 3rd Hudson tunnel, but the bridge that everybody agrees on? Extensive tunneling network? Hyperloop? Just wait until the inconvenienced community groups get started on the Environmental Impact Statements.
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I actually read recently (don't remember where) about a mini fusion reactor that looks promising. May come sooner than we all think.
Depends on who's doing the tunneling. Guess you're not familiar with what's happening in Vegas, and soon Miami.
The future is bright. The world can become a better place. Stop trying to **** all over it.
I looked through the ARKK a couple months back and it was stocked with high flyers. Yes Tesla has carried a fair amount of weight, but it's not the only one.
I do wonder if stocks that ARK picks up take off because ARK picked them up.
It's up about 2500% in about 6 weeks. It's not exactly straight up, but it's pretty close. Todays 5% drop? Barely a blip.
Not an inch. The Dugout Loop is in environmental review and permitting. Short and distort...short and distort...keep trying.
How far did he get in Vegas?
You are correct TSLA was a good portion of the rise in those ETFs. But she has a lot of other stocks in the portfolio that are also significant contributors to the performance. The Ark ETFs are for those who are not afraid of taking risks. Past performance is no guarantee of future results.
The ARKs are for those looking at the companies that will dominate going forward, disrupters.
Seriously, not all companies are forever. New ideas, new technologies evolve. Where are Xerox, Atari, Blockbuster, Betamax? Do you still use cassettes, floppy drives or even CD’s? Are you still printing out MapQuest directions? Wouldn’t you love to have owned Amazon 10 years ago?
A lot of that was said during the dot com bubble. For one Amazon, there were Toys.com, Pets.com and many more that are not around anymore. It’s a great marketing.
But if they manage the portfolio correctly they move on from the pets.com's of the market before they fall apart.
Actually they wouldn't even get into a pets.com to begin with, but you get the point.
I lived through the dot com era and was active in the market. Those companies you mentioned had no revenues. The "new metric" at that time was eyeballs. These companies have viable technologies, have revenue and customers and most are profitable. Big difference.
We are in the midst of a great transition from the old industrial economy which began in the early to mid 1800’s to the technological economy which will be here for who knows how long. All of us will be long gone by the beginning of the next great change to the next great transition. Probably to commercialization of space industry. Quick story, bought GE when Jeff immelt took over for Jack Welch. My 100 shares which I bought for 53/sh. Closed today at 11.20/sh. This is 20 years after I bought the stock. At the time GE was the bluest of the blue chips. It was the highest capitalized company had a AAA credit rating. Here we are 20 years later and No one talks about owning GE. I keep it in my portfolio for one reason only...as a reminder that there is only one constant, change! Stay thirsty my friends.
Speaking of non revenue companies, specifically one in a transformative field, QS which recently came public via spac and flew up to $140 before coming back to $40, might be looking to run again. Jumped 10% today.
QS looks to make solid state lithium batteries. Jeremy Grantham is a big inverstor.
QS looks to make solid state lithium batteries. Jeremy Grantham is a big inverstor.
That's the beauty of a managed fund/ETF. The team can adjust as they see fit. I have plenty of index funds in my portfolio, but the right managed funds can be true growth drivers.