Cathie Wood breaks down FTX, Elon Musk, and Twitter in a new interview. Here are her 9 best quotes.
Veteran investor Cathie Wood is not shy about sharing her outlook for cryptocurrency and investment strategies.on Tuesday, the Ark Invest CEO explained why she remains bullish on bitcoin and crypto's underlying technology, and also spoke about the implosion of Sam Bankman-Fried's FTX, Elon Musk's Twitter acquisition, and Ark's optimism for Tesla. 1."Many people are saying well, is this another Lehman, could we see the domino effect here?...
3."I think the thing that is shocking is how many people were very close to [Sam Bankman-Fried]... the fact that so many people were completely fooled is quite shocking. You know, I think he had this aura around him or something that caused people to ask fewer questions than might otherwise been the case. It's very hard to understand."
7."You'll remember that Elon started his entrepreneurial pursuits with a precursor to PayPal, so a very long time ago had this idea of a digital wallet, a super app like WhatsApp. We know he knows a lot about this world, and I think if anyone in the US can do this, I think he can. I think he'll surround himself by the right business leaders. He's not going to do this himself.
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