About Catherine Wood, ARK Invest CEO
Cathie registered ARK Investment Management LLC (“ARK”) as an investment adviser with the U.S. Securities and Exchange Commission in January 2014.
Prior to ARK, Cathie spent twelve years at AllianceBernstein as Chief Investment Officer of Global Thematic Strategies where she managed $5 billion. Cathie joined Alliance Capital from Tupelo Capital Management, a hedge fund she co-founded which, in 2000, managed $800 million in global thematic strategies. Prior to her tenure at Tupelo Capital, she worked for 18 years with Jennison Associates as Chief Economist, Equity Research Analyst, Portfolio Manager and Director. She started her career in Los Angeles, California at The Capital Group as an Assistant Economist.
Cathie received her Bachelor of Science, summa cum laude, in Finance and Economics from the University of Southern California in 1981. In 2016, Cathie received the “Women in Finance – Outstanding Contribution Award” from Market Media.
Research by Catherine Wood, ARK Invest CEO
January 14, 2019 | by Catherine Wood, ARK Invest CEO | Digital Health Industrial
History is replete with examples of businesses and consumers ignoring or dismissing big ideas, particularly those associated with disruptive innovation. In 1876, for example, when Alexander Graham Bell was granted the official patent for the telephone, many businesses dismissed it as irrelevant or insignificant. Famously, Western Union took a pass on buying the patent.1 Likewise, […]October 17, 2018 | by Catherine Wood, ARK Invest CEO | Market Insights Review
Given the recent move in interest rates, intensified trade tensions, and increased market volatility, we would like to share some of our thoughts. We presented two charts during our monthly mARKet update webinar this past week that offer some perspective. The chart above suggests that Fed policy is not tight. Before or during past crises, the […]August 22, 2018 | by Catherine Wood, ARK Invest CEO | Market Insights
Dear Elon and Tesla’s Board of Directors, As Chief Investment Officer of ARK Invest, a Tesla shareholder, I am writing to express some of our views about its outlook and investment potential. We believe that Tesla should remain a public company. According to ARK Invest’s research, Tesla should be valued somewhere between $700 and $4,000 […]August 09, 2018 | by Catherine Wood, ARK Invest CEO | Market Insights Review
The Equity Market Continues to Climb the Wall of Worry Concerned that the nine-year bull run has overstayed its welcome, many strategists have highlighted the narrow leadership of the US stock market as it has bucked weakening trends elsewhere in the world. Through June, the so-called FAANG stocks had accounted for 75% of the S&P […]February 12, 2018 | by Catherine Wood, ARK Invest CEO | DigitalMentioned Companies: GBTC
As the first public asset manager to gain exposure to bitcoin at $250 through the Bitcoin Investment Trust,1 ARK Invest faced a number of questions and much ridicule in September 2015. Given our research-based conviction, and the knee-jerk reaction of skeptics, we knew we were on to something big! Ending a near cataclysmic slide from roughly […]December 02, 2017 | by Catherine Wood, ARK Invest CEO | Market Insights
Israel is a world leader in the development of innovative products and services with companies that are advancing scientific research and enhancing every sector of the global economy. Ranked highly in the world for technological advancements and entrepreneurship, and responsible for many innovations, Israel has earned its status as an innovation powerhouse. Named the 10th […]November 22, 2017 | by Catherine Wood, ARK Invest CEO | Market Insights Review
After a business trip to beautiful Australia last week, I came away with questions and concerns which have been weighing on the minds of investors around the world. Chief among them are equity valuations after nearly nine years of a bull market, and flattening yield curves which typically have been harbingers of recession. Our conclusions […]March 23, 2017 | by Catherine Wood, ARK Invest CEO | Market Insights Review
To honor International Women’s Day earlier this month, Boston-based State Street commissioned a sculpture of a “Fearless Girl” to stand in front of Wall Street’s famed bull. State Street’s intention was honorable, as it highlighted the superior stock performance of companies with well-diversified boards and advocated for the appointment of more women to corporate boards. […]January 09, 2017 | by Catherine Wood, ARK Invest CEO | Market Insights Review
I would like to present ARK’s perspective on the market last year and our thoughts about the next few years, especially as they relate to our disruptive innovation investment themes. While our predictions early last year on the direction of the US economy and equity markets went against the consensus view – and were correct […]June 26, 2016 | by Catherine Wood, ARK Invest CEO | Digital
Investors put a record $4.5 billion into financial start-ups in Asia last year, four times as much as the previous year. But how are disruptive business models and technology innovations transforming finance in Asia and the world? ARK Invest CEO/CIO, Catherine D. Wood addressed this topic during the ‘Fintech Fizz’ session at the World Economic […]April 21, 2016 | by Catherine Wood, ARK Invest CEO | HealthMentioned Companies: ILMN
Illumina is the cornerstone of our Genomic Revolution theme, and one of our highest conviction stocks. In response to an earnings preannouncement this week, it dropped as much as 25% in one day. While investors fear that it has passed its fastest growth rate, in our view Illumina is leading a genomic revolution that has […]March 30, 2016 | by Catherine Wood, ARK Invest CEO | News
ARK Invest CEO/CIO, Catherine Wood sits down with CNBC Squawk Box to discuss FANG stocks: Facebook, Apple, Netflix, and Google. She explains that these large-cap companies are leading the charge on artificial intelligence and machine learning as a service, which will sustain the current cycle in which the winner takes most. “I think Amazon has […]March 04, 2016 | by Catherine Wood, ARK Invest CEO | News
ARK Invest CEO/CIO, Cathie Wood sits down with Yahoo Finance‘s Jen Rogers to discuss why the blowout February jobs report was actually good news. She also analyzes the market’s response to a potential Trump nomination. In addition, Cathie explains why good news is actually becoming good news, despite the recent period of uncertainty and volatility. “Anyone […]February 09, 2016 | by Catherine Wood, ARK Invest CEO | Market Insights Review
As I did in October 2014 and August 2015 when fear last gripped the equity markets, I am writing to give you another out-of-consensus – that is, positive – market outlook. The last two scares offered good equity buying opportunities, as does this one if the bull market remains intact, which we believe it will. While recent stock price […]August 18, 2015 | by Catherine Wood, ARK Invest CEO | Market Insights Review
Typically, a bull market ends with confidence and exuberance, not to mention rapid inflows. Surprisingly, neither of those conditions characterizes equity markets today. In October 2014 I shared a “Different Interpretation of Recent Market Signals” with you, laying out what we later learned to be true. Today, I would like to share my thoughts with […]October 16, 2014 | by Catherine Wood, ARK Invest CEO | Market Insights Review
With the most recent market signals, the fear trade is back! Yes, the market is grappling with some daunting issues: Ebola, ISIS, Russia, renewed European weakness, and weak retail sales in the U.S. Commodity prices are sliding, fanning fears of broad-based deflation. Some earnings pre announcements, starting with Microchip’s, have been unnerving. For most of […]