Cathie Wood says she would unambiguously bet on Bitcoin — rather than gold or cash — to safeguard against the possibility of deflation in the coming decade. The head of ARK Investment Management joins this week’s Merryn Talks Money podcast and reiterates her view that she expects an era of falling prices, backed by new technologies including artificial intelligence, electric vehicles, robotics, genomic sequencing and blockchain. It’s a view she’s held since 2021. 

On this week’s special aftershow episode, Somerset Webb and senior reporter John Stepek reflect on Wood’s convictions. For Stepek, Wood’s greatest edge is “being able to sell a good story to investors and make money from it.” But he points out, “that doesn’t mean that the investments she’s in are going to make money.”

<a href="bbg://people/profile/4138825" data-cke-saved-href="bbg://people/profile/4138825">Cathie Wood</a> says she would unambiguously bet on Bitcoin — rather than gold or cash — to safeguard against the possibility of deflation in the coming decade. The head of <a href="bbg://securities/1273361D%20US%20Equity" data-cke-saved-href="bbg://securities/1273361D%20US%20Equity">ARK Investment Management</a> joins this week’s <a href="https://podcasts.apple.com/gb/podcast/merryn-talks-money/id1654809850" data-cke-saved-href="https://podcasts.apple.com/gb/podcast/merryn-talks-money/id1654809850">Merryn Talks Money</a> podcast and reiterates her view that she expects an era of falling prices, backed by new technologies including artificial intelligence, electric vehicles, robotics, genomic sequencing and blockchain. It’s a view she’s held since 2021. 
On this week’s special aftershow episode, Somerset Webb and senior reporter John Stepek reflect on Wood’s convictions. For Stepek, Wood’s greatest edge is “being able to sell a good story to investors and make money from it.” But he points out, “that doesn’t mean that the investments she’s in are going to make money.”

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

The Cathie Wood Aftershow

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3906010a-9cbf-42e3-9cb7-b0b200c08913/transcript