Cathie Wood: Now is a good time to buy highly volatile stocks, as AI has not yet entered the hype cycle.
BlockBeats news, on March 15, Cathie Wood, CEO of asset investment management company ARK Invest, was interviewed by CNBC and said, "Early in my career, I experienced investment management during the technology and telecom bubble era, and it was completely different from now. At that time, there was almost no fear in the market. But now, the market is filled with extreme fear. Of course, there are some reasonable reasons for this fear. But I think, when we look back at the end of this year, the market will likely be described as 'climbing a wall of worry.' Now, with the added factor of war, this 'wall of worry' has grown even higher."
But actually, this is a good time to buy stocks with high volatility. In our investment philosophy, volatility is not equivalent to risk; it represents uncertainty more than anything else. We are experiencing a new technological revolution. ARK invests by researching how these technologies expand and who will become the leaders. I believe we are in a very good position. The opportunity is huge. We are in the midst of a technological revolution, and AI has not yet entered the hype cycle. We believe this revolution still has a long way to go."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-Drax wins contract for over 1 gigawatt data center project
OPay backed by SoftBank suddenly halts US IPO, regulatory inquiries become the biggest uncertainty
Nigerian digital financial platform OPay announced the suspension of its IPO after revealing pricing, citing a regulatory inquiry. The company stated that the listing may be restarted in the coming months.

Morgan Stanley: AI capital expenditure may reach 10 to 15 trillions USD in the next 10 years
Morgan Stanley stated that capital expenditure in the artificial intelligence (AI) sector could reach $10-15 trillions over the next decade.

