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屋根下
2019年10月30日入坑美股
IP属地:安徽
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屋根下
01-11
$哔哩哔哩(BILI)$
总感觉今晚要跌回10.5[白眼]
屋根下
01-11
$哔哩哔哩(BILI)$
我又回来了,希望明天醒来别被惊吓
屋根下
01-05
$哔哩哔哩(BILI)$
来来回回拿不住
屋根下
2023-12-30
$哔哩哔哩(BILI)$
这波反弹除非港股大盘能一直涨,不然基本上见顶了。
屋根下
2023-12-22
$哔哩哔哩(BILI)$
双🥚大促销啦,每股只要10刀[强]
屋根下
2023-12-22
$哔哩哔哩(BILI)$
好了,开盘可以跌五个点了,快到个位数了
屋根下
2023-12-19
$哔哩哔哩(BILI)$
,每次看到b站开盘就拉升,我都害怕[捂脸]
屋根下
2023-12-15
$蔚来(NIO)$
屋根下
2023-08-08
股价5年前44,现在还是44,但是平均年化率能到45%?
巴菲特向左,凯茜·伍德向右
屋根下
2021-08-03
$哔哩哔哩(BILI)$
$哔哩哔哩-SW(09626)$
打压教育b站跌,打压游戏b站跌,马上过两天打压短视频,b站还得跌。[喷血]
屋根下
2021-03-02
$蔚来(NIO)$
别人恐惧我贪婪[捂脸]
屋根下
2021-03-02
$蔚来(NIO)$
财报其实还行,毕竟全靠节衣缩食来提升数据就真的没未来了。刷掉一波指望财报暴涨的人以后,应该会慢慢涨起来的。[开心]
屋根下
2021-03-01
$英伟达(NVDA)$
吃疫情线上娱乐,人工智能和数字货币三红利。财报喜人。然后还跑不赢大盘?
屋根下
2021-02-25
$哔哩哔哩(BILI)$
长期看好B站,但是对近期美股的走势实在不放心。先落袋为安撤了,希望还有机会回来,不要踏空
屋根下
2021-02-12
$辉瑞(PFE)$
建了点底仓,其实我希望再跌一点可以加点仓。涨了就不打算补了
屋根下
2021-02-05
$哔哩哔哩(BILI)$
不知为啥突然想起来师出同门的A站了[捂脸]
屋根下
2021-02-04
$BILI 20210319 130.0 CALL(BILI)$
期待开盘[开心]
屋根下
2021-02-03
$哔哩哔哩(BILI)$
慢慢来 不着急
屋根下
2021-01-25
$哔哩哔哩(BILI)$
140纪念一下 开盘估计回130了
屋根下
2021-01-22
$哔哩哔哩(BILI)$
大家都嫌弃盘前涨,得了,今天盘前就开始跌[可爱]
去老虎APP查看更多动态
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这波反弹除非港股大盘能一直涨,不然基本上见顶了。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/257537179058464","isVote":1,"tweetType":1,"viewCount":7398,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3494205560646236","authorId":"3494205560646236","name":"股市_菜鸟","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3494205560646236","idStr":"3494205560646236"},"content":"你是唱空不遗余力呀","text":"你是唱空不遗余力呀","html":"你是唱空不遗余力呀"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":254873131704568,"gmtCreate":1703235968967,"gmtModify":1703235970046,"author":{"id":"3535338232726128","authorId":"3535338232726128","name":"屋根下","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3535338232726128","idStr":"3535338232726128"},"themes":[],"htmlText":"<a 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好了,开盘可以跌五个点了,快到个位数了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/254695225188424","isVote":1,"tweetType":1,"viewCount":2136,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3556090761819571","authorId":"3556090761819571","name":"jrlx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3556090761819571","idStr":"3556090761819571"},"content":"保底7个,腾讯都炸了","text":"保底7个,腾讯都炸了","html":"保底7个,腾讯都炸了"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":253788140204328,"gmtCreate":1702996364178,"gmtModify":1702996365264,"author":{"id":"3535338232726128","authorId":"3535338232726128","name":"屋根下","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3535338232726128","idStr":"3535338232726128"},"themes":[],"htmlText":"<a 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</a>","text":"$蔚来(NIO)$","images":[{"img":"https://static.tigerbbs.com/5fb6dab0f3b66d69c012038122ffe598","width":"690","height":"1493"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/252413023600656","isVote":1,"tweetType":1,"viewCount":1654,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3554171418840432","authorId":"3554171418840432","name":"xsiverson","avatar":"https://static.tigerbbs.com/8065a0b4e6a78462581d1167357b60c6","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3554171418840432","idStr":"3554171418840432"},"content":"哈哈,找不到利空了吗?","text":"哈哈,找不到利空了吗?","html":"哈哈,找不到利空了吗?"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":206757865279552,"gmtCreate":1691507448480,"gmtModify":1691507450972,"author":{"id":"3535338232726128","authorId":"3535338232726128","name":"屋根下","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3535338232726128","idStr":"3535338232726128"},"themes":[],"htmlText":"股价5年前44,现在还是44,但是平均年化率能到45%?","listText":"股价5年前44,现在还是44,但是平均年化率能到45%?","text":"股价5年前44,现在还是44,但是平均年化率能到45%?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/206757865279552","repostId":"1147414416","repostType":2,"repost":{"id":"1147414416","kind":"news","pubTimestamp":1691466920,"share":"https://www.laohu8.com/m/news/1147414416?lang=&edition=full","pubTime":"2023-08-08 11:55","market":"us","language":"zh","title":"巴菲特向左,凯茜·伍德向右","url":"https://stock-news.laohu8.com/highlight/detail?id=1147414416","media":"福布斯","summary":"凯西·伍德是巴菲特的反面,无论是投资风格还是生活方式。今年上半年,凯西·伍德的旗舰交易所交易基金涨幅超过50%。2022 年 5 月 2 日,加利福尼亚州比佛利山庄,方舟投资公司首席执行官兼首席投资官 凯茜·伍德在米尔肯研究所全球会议上发言。为了证实自己的说法,伍德深入研究了这些数据,并列举了能充分说明其投资策略的回报。2022年9月,Titan宣布与ARK Invest合作,向Titan的散户投资者推出ARK风险基金。","content":"<html><head></head><body><blockquote><strong>凯茜·伍德是巴菲特的反面,无论是投资风格还是生活方式。但这样两个大相径庭的人却能概括如今美国投资界最具代表性的两种价值观。巴菲特的成功取决于相信“常识”与“普遍真理”在历史中的一致性,并耐心的通过成熟稳健企业所产生的复利,创造了一种资本市场的思想范式,并很大程度上更新了价值投资的现代内涵。</strong></blockquote><blockquote><strong>而被称为“科技股女”的凯茜·伍德则要激进得多,她的成名要归功于投资了一系列“破坏性创新”的科技公司。从最早的移动互联网、数字货币交易所到如今火热的AI公司,今年已经67岁的她也总能够在巨大的风浪中抓住“大鱼”。今年上半年,凯西·伍德的旗舰交易所交易基金涨幅超过50%。她从去年开始否认美国科技股存在泡沫,同时也在上个月中旬预言,美国通胀水平将比预期更早达到2%。</strong></blockquote><p>ARK Invest背后的知名投资人凯茜·伍德(Cathy Wood)正处于一个未知领域,面临着一个从未有人问过她的问题。7月的一个周一的下午,67岁的伍德精神抖擞,尽管她前一晚刚乘坐红眼航班从洛杉矶飞往佛罗里达州圣彼得堡。从一个会议奔向另一个会议的她俨然是一位行动派。(红眼航班〔Red-eye flight〕是指在深夜至凌晨时段运行,并于翌日清晨至早上抵达目的地,飞航时间少于正常睡眠需求〔8小时〕的客运航班。)</p><p style=\"text-align: justify;\">在我们最近的一次Zoom通话中,我问她,<strong>关于金钱,是谁教会了她最多。</strong>这个问题看似微不足道,但在高风险的投资世界里,在媒体审视和市场预期的影响下,这个问题令人出乎意料,揭示了关于这位备受瞩目的基金经理更深层次的真相——她仍然是一个具有深厚人性的人。</p><p style=\"text-align: justify;\">“这是我第一次能够说,是我的母亲(教会了我)。”伍德说。“虽然我父亲为她从不需要工作而感到自豪,但她仍然需要为了照顾家庭而辛勤劳作——他称她为‘世界上最好的经济学家’。”</p><p style=\"text-align: justify;\">伍德的父母出身贫寒,从爱尔兰移民到美国,后在洛杉矶定居。伍德的父亲是军人出身,没有受过正规的大学教育,但他给伍德灌输了创新精神,而她母亲精打细算的能力确保了他们从来没有挨饿。这为伍德成长时期的韧性和足智多谋提供了佐证。“但是,天哪,她把每张优惠券都剪下来了!”她说。</p><p style=\"text-align: justify;\">如今,伍德作为投资管理公司ARK Invest的创始人、首席执行官、首席信息官和明星选股人,正在投资界大显身手。ARK Invest管理着近240亿美元的总资产。在过去五年里,她的旗舰基金方舟创新基金(Ark Innovation Fund)的平均年回报率接近45%,伍德已经证明了自己在资金管理领域的强大实力。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/462388ea858e5be1975c67325e9d2d0c\" title=\"\" tg-width=\"958\" tg-height=\"638\"/></p><p>2022 年 5 月 2 日,加利福尼亚州比佛利山庄,方舟投资公司首席执行官兼首席投资官 凯茜·伍德在米尔肯研究所全球会议上发言。图片来源:PATRICK T. FALLON/AFP via Getty Images</p><p style=\"text-align: justify;\"><strong>一、2023年的情况</strong></p><p style=\"text-align: justify;\">伍德花了一点时间在她的电脑上找到相关数据,然后开始分享ARK Invest的实时更新,因为这是凯茜·伍德的一贯风格:如果不计算数字,我们就无法完成采访。</p><p style=\"text-align: justify;\">“关于当前市场表现的有趣之处在于,如果你在今年年初告诉我,大型科技股将起飞,跑赢标准普尔500指数,而医疗保健股将陷入负增长,中小型股将跑赢大多数指数,我会认为我们会是表现不佳的那一个。”她说。</p><p style=\"text-align: justify;\">她的话充满了经验的分量,因为她知道市场情况可能变化无常,难以预测。但她的声音却充满了自豪感,她说:“但事实正好相反,我们的表现甚至超过了100ETF-ProShares(QQQ)和纳斯达克100指数。这是积极管理卷土重来的早期迹象。”</p><p style=\"text-align: justify;\">为了证实自己的说法,伍德深入研究了这些数据,并列举了能充分说明其投资策略的回报。“截至7月21日,我们的旗舰产品上涨了53.4%,我们的基因组策略上涨了31.5%。” 她精确地叙述说。</p><p style=\"text-align: justify;\">“与此同时,标准普尔500指数上涨19.2%,纳斯达克指数上涨34.7%,纳斯达克100指数上涨41.5%。尽管整个医疗保健行业全年的涨幅只有1.1%,但我们仍保持了31.5%的强劲增长。”</p><p style=\"text-align: justify;\">随着她进一步深入探讨他们的业绩表现,她的兴奋之情也愈发明显,她强调了他们小盘股策略的成功,尽管该板块面临挑战,但他们的基金仍飙升了 12%。她语气中的自豪溢于言表,因为她知道,他们独特的主动管理方法正在取得成效。</p><p style=\"text-align: justify;\">“我们对此非常满意。”她说,“但我们也想传达这样的信息:<strong>这是主动管理所能取得的最好的结果。”</strong></p><p style=\"text-align: justify;\">当话题转移到市场状况和利率波动时,伍德的分析思维开始高速运转。她权衡了加息对长期策略的影响,承认在过去两年不确定性加剧的情况下所面临的挑战。</p><p style=\"text-align: justify;\">她说:<strong>“市场似乎正在关注加息。但我们认为加息已接近尾声,市场似乎也同意这一点。”</strong></p><p style=\"text-align: justify;\">从7月开始,ARK Invest开始出现新的资金流入,这表明他们独特的策略正在吸引投资者的关注和信任。她把市场的波动比作真理的波浪,随着投资者情绪的涨落和利率的涨落而起伏。</p><p style=\"text-align: justify;\">经历了繁荣和萧条之后,ARK Invest经受住了风暴的考验,当她回顾这段旅程时,她重申了自己对带领公司走到今天的愿景和承诺。“我们知道我们是谁。”伍德用坚定的声音说,“所以,<strong>我不会让任何一方影响到我。我们一直盯着我们的目标。我们一直在前进。”</strong></p><p style=\"text-align: justify;\"><strong>二、受研究支持的乐观主义</strong></p><p style=\"text-align: justify;\">自2014年成立ARK Invest,并以ETF形式提供活跃的股票投资组合以来,伍德所建立的业务与她的思想精髓如出一辙。</p><p style=\"text-align: justify;\">伍德不满足于周围都是“老好人”,相反,她享受智力刺激和好奇心带来的挑战,这促使她寻求不同的观点,并突破传统范式进行思考。她知道,<strong>ARK的成功取决于一个核心——他们的研究。</strong></p><p style=\"text-align: justify;\">“我们的研究是基于基本原理的。”她说,“我们从一无所知、一张白纸开始,深入研究各种可能性。我们在2014年就对自动驾驶汽车会是什么样的提出了设想。现有的基准并不能约束我们。”</p><p style=\"text-align: justify;\">她强调,ARK分析师的职责不是按行业划分,而是按技术划分,因此在14种不同的技术中,他们是行业通才。他们相信,这些技术将跨越行业界限,并创造大量市场机会。</p><p style=\"text-align: justify;\">伍德承认:“有了这种从研究中产生的信念,我就很难再对我们的工作产生怀疑。我真心相信我们做的是正确的事,而且是用我们自己独特的方式。我很惊讶没有更多的公司效仿我们的做法。”</p><p style=\"text-align: justify;\">在谈到他们的研究原则时,很明显她看到了分享研究成果的力量,但即使是伍德,在面对该公司在社交媒体上受到如此多的关注时也仍然感到惊讶。</p><p style=\"text-align: justify;\">他们的社交策略,包括与金融科技平台Titan合作的社交媒体和社交分销,使他们能够与更广泛的受众接触,并获得有价值的反馈。ARK Invest的YouTube频道吸引了54.5万名订阅者,他们定期收看该公司分享的投资见解。</p><p style=\"text-align: justify;\">伍德笑着说:“很多人说我们把研究成果拱手发布出去是疯了,但他们没有看到我们从中获得的巨大回报。创始人、风险投资家和教授会在看过以后联系我们,我们也能从他们的观点和批评中学习。这就像是在与创新者和评论家进行持续的对话。”</p><p style=\"text-align: justify;\">把ARK Invest的研究放在中心地位也为公司打开了合作的大门。2022年9月,Titan宣布与ARK Invest合作,向Titan的散户投资者推出ARK风险基金。</p><p style=\"text-align: justify;\">她表示,因为这个原因,即便是在3月份的地区性银行危机期间,ARK的资金流入也一直保持稳定。“MosaicML是被我们纳入投资组合的首批公司之一,而它去年9月被Data Bricks以5倍于我们的价格收购,这是我们的第一个重大胜利。”现在,一旦收购完成,DataBricks在他们的投资组合中处于最突出的位置。</p><p style=\"text-align: justify;\"><strong>伍德不仅对盈利感兴趣,她还希望帮助ARK Invest投资组合中的公司吸引人才,为下一轮融资或IPO做准备,她称这是“真正的双赢局面”。</strong></p><p style=\"text-align: justify;\">在一个往往被短视思维主导金融格局的世界里,ARK Invest的长期眼光使他们与众不同。对伍德和她的团队来说,这不仅仅是为了追逐短暂的收益,也是因为他们坚信自己的观点最终会取得胜利。</p><p style=\"text-align: justify;\">“我们看待公司的方式与众不同。”她断言,“我们希望看到他们积极投资于自己的未来,即使这意味着放弃短期盈利能力。人工智能和自动驾驶出租车平台等新兴技术带来的机遇要求我们采取不同的方法来利用它,而我们已经准备好迎接这些机遇。</p><p style=\"text-align: justify;\">她的话中充满了自信和自省,令人印象深刻。她分享说:“对一个美丽新世界的希望已经变得非常短视。”她承认,她开创性的投资方式不可避免地会出现起起落落。</p><p style=\"text-align: justify;\">eToro美国公司的首席执行官Lule Demmissie是金融界的另一位重要女性,她被区块链技术为教育全球普通投资者提供公平竞争环境的长期承诺所吸引,这与伍德的观点相似。</p><p style=\"text-align: justify;\">“但这并不意味着前方的道路不会坎坷,这个行业也将继续走向成熟。”她在一封电子邮件中表示。“市场周期是不可避免的,任何投资观点都应该经过深思熟虑,而不是盲目乐观。但正是观点和预期的不同造就了市场,而凯茜带来了不同的视角。”</p><p style=\"text-align: justify;\">尽管伍德在华尔街工作了45年,在投资组合管理领域工作了30多年,但她直到2020年才跻身投资偶像行列。她对创新型公司进行了大胆的投资,因为她认为这些公司将塑造未来,创造公平的竞争环境,尽管其中有许多公司还没有开始盈利。这些押注最终得到了回报。随着新冠疫情的蔓延和经济的螺旋式上升,她的ARK创新基金的回报率达到了150%。这使伍德成为了华尔街的宠儿。</p><p style=\"text-align: justify;\">最重要的是,伍德对比特币的不懈支持和乐观态度使她的名字经常成为头条新闻。她很早就看到并向世界宣告了公共区块链的潜力。她预测比特币将在2020年上涨,如今,她预测比特币将在2026年将达到50万美元,到2030年将达到100万美元。</p><p style=\"text-align: justify;\">“她用高质量的研究来支持她的观点,这样做为专业投资者拓宽了对比特币发展前景的认识窗口,让他们了解比特币会变成什么样子。”Bitwise的首席投资官马特·霍根(Matt Hougan)在一封电子邮件中说。“值得庆幸的是,包括富达(Fidelity)和贝莱德(BlackRock)在内的其他主流声音也加入了她的行列。在一个颠覆性的领域,进步就是这样取得的:起初是少数人倡导,然后由多数人加入。”</p><p style=\"text-align: justify;\">值得注意的是,尽管存在诸多争议,但她的结论是对的。她自信地预测了特斯拉的股价飙升(在2018年还有谁看好特斯拉),特斯拉成为过去五年表现最好的股票之一。而比特币则是这十年来表现最好的资产之一。</p><p style=\"text-align: justify;\">伍德说,2022年,ARK Invest的长期投资策略受到利率上升的“彻底打击”,所有这些赞誉都烟消云散。批评人士说,伍德的基金风险太大,而她只会“一招鲜”。吉姆·克莱默(Jim Cramer)曾称她为“死亡之吻”,甚至有人设立专门的基金与她对赌。</p><p style=\"text-align: justify;\">尽管她的信念遭到嘲笑,伍德仍丝毫不为所动。她意识到围绕着她的逆向决策,在推文和新闻报道中都有着负面记载。在市场起起伏伏的旋风中,伍德回想着她的公司不可撼动的时期。</p><p style=\"text-align: justify;\">“我可以告诉你,从2020年年底到2021年年初,ARK没有做错任何事——凯茜·伍德没有做错任何事。”当回忆起当时关于她和她的公司的无穷无尽的负面报道时,她这样说道。怀着作为一位经验丰富的远见卓识者的坚定信念,她讲述了她曾在那段激情燃烧的岁月里说过的话:“我们今天是GOAT,即有史以来最伟大的(投资)公司(greatest of all time),明天仍将是goat”。</p><p style=\"text-align: justify;\">她对自己的团队和他们独特的方法充满信心,她还特别强调了“GOAT”大写字母和小写字母之间的区别,说明了公众看法和他们的自信之间的区别。</p><p style=\"text-align: justify;\">与此同时,她还被誉为先锋人物。在以沃伦·巴菲特为代表的行业中,一位女性代表脱颖而——她的成就、对卓越的不懈追求以及对工作的坚定执着,使她成为金融界最具影响力的女性之一,为下一波女性领导者登上顶峰打开了大门。</p><p style=\"text-align: justify;\">曼哈顿西区首席战略官维克·萨西(Vik Sasi)说,虽然对伍德的投资方式的评价两极分化,但没有人能否认她对加密货币做出的实质性贡献。</p><p style=\"text-align: justify;\">萨西在一封电子邮件中说:“她将一位具有前瞻性思维的风险投资人的坚定信念带到了公开市场,并且她不会在最初的波动迹象面前退缩。”鉴于她在公开场合做出的高额投资组合预测,她是信念驱动型的,这或许是一种错误,但最终对资产类别来说却是一种净利好,并将继续作为一名忠实的斗士,促进加密货币被更广泛地接受和采用。"</p><p style=\"text-align: justify;\">今年 4 月,伍德和奥菲莉娅·施耐德(Ophelia Schneider)联合创办的21Shares(伍德是董事会成员)共同向美国证券交易委员会重新申请ARK 21Shares比特币 ETF 。施耐德于2018年与伍德联合创办了21Shares,旨在建立她母亲都可以使用的复杂加密投资技术。该公司目前估值7亿美元。</p><p style=\"text-align: justify;\">伍德和施耐德都认为,创新将成为一种安全的投资类别。伍德说:“与人们现在的想法截然相反,一个例子是,3月份时地区银行分崩离析,银行股本身内爆,而比特币却从19000美元涨到了30000 美元——那是对交易对手风险的安全逃离。”</p><p style=\"text-align: justify;\">TaxBit品牌与传播副总裁米歇尔·奥康纳(Michelle O'Connor)在加密货币行业工作了近十年,她表示,她见证了无数创新和具有煽动性的开拓者的兴衰。</p><p style=\"text-align: justify;\">她在一封电子邮件中说:"我高度评价凯茜对这个市场的坚定承诺,她和她的团队将继续关注加密货币的潜在未来。</p><p style=\"text-align: justify;\">奥康纳承认,伍德的批评者似乎忘记了她在这个行业的任职经历。她说:"以一个公众人物的身份推广加密货币是一回事,而拥有一个经验丰富的思想领袖则是另一回事,她不仅对加密货币的近期和长期潜力非常了解,而且对底层技术也非常精通。</p><p style=\"text-align: justify;\"><strong>三、创新的新基地</strong></p><p style=\"text-align: justify;\">2021年10月,伍德再次成为头条新闻,因为她将自己投资公司的基地从大多数传统金融机构的所在地曼哈顿中城转移到了佛罗里达州海湾沿岸的圣彼得堡市。疫情期间诞生的新型混合远程办公文化推动了这一决定。</p><p style=\"text-align: justify;\">如今,她的团队在圣彼得堡的办公室轮流工作,阳光普照的位置与乐观的前景齐飞,她将在这片新土地上开启一个以教育和社区建设为中心的新时代。</p><p style=\"text-align: justify;\">圣彼得堡正蓄势待发,伍德也已率先押注未来。为了帮助刺激该市的经济发展,ARK投资200万美元建造了ARK创新中心,该中心占地45,000平方英尺,将作为孵化50多家公司和鼓励创业的空间。</p><p style=\"text-align: justify;\">ARK创新中心还将成为伍德的创新基金会的所在地。伍德在三年前发起了该基金会,旨在通过创新的视角为教育绘制新蓝图。</p><p style=\"text-align: justify;\">伍德为基金会聘请的教育工作者将ARK著名的研究成果转化为适合不同年龄段的课程,并将成为皮内拉斯县所有公立学校的六年级科学课程,这在美国东北部地区尚属首次。伍德说:"没有比启发年幼的孩子更能产生深远影响的了。新技术能激发他们的热情,给他们带来希望和梦想,让他们相信自己会过上比父母更好的生活。”</p><p style=\"text-align: justify;\">皮内拉斯县学校系统中约有60%的学生来自社会经济地位较低的家庭。伍德坚信,创新和技术可以创造公平的竞争环境。她说:"我从未想过这个梦想可以成真。”</p><p style=\"text-align: justify;\"><strong>四、未来五年</strong></p><p style=\"text-align: justify;\">伍德一直在展望未来,对于未来五年,她正在考虑如何让更多人清楚地认识到我们正在进入一个通货紧缩的世界,她说:“通货紧缩并不一定是坏事。”</p><p style=\"text-align: justify;\">她说:“一项新技术的价格下降意味着全世界有更多的人可以利用它,负担得起它。"因此,我们相信我们正处于ARK产品组合中这五个创新平台的最佳位置:多组学测序、机器人技术、能源存储、人工智能和区块链技术"。</p><p style=\"text-align: justify;\">伍德坚信,这些行业的融合正在经历指数级的增长,现在它们都开始相互依存了。她说:"我们相信,在未来五到十年内,这将导致真正颠覆性创新企业的市值从15万亿美元增至200多万亿美元。</p><p style=\"text-align: justify;\">她接着解释道,20世纪90年代的互联网泡沫来得太早,因为当时的技术过于昂贵。她说,Chat GPT 大幅降低了开发人工智能模型的成本,这一成本在2015年曾高达8亿美元,而到2020年只需450万美元,并且成本仍在迅速降低。</p><p style=\"text-align: justify;\">如果说今天的技术代表了我们历史上的一个充满活力和创新的环境,那么要想利用好这一环境,我们需要让每个人都站在同一起跑线上。伍德进入了她的新时代,她准备在全美的学校开展教育,鼓励人们投资创新,为“颠覆传统世界秩序”做好准备。</p><p style=\"text-align: justify;\">她说:<strong>“我们拥有最好的机会,只要让他们站在变革的正确一方,就能增加许多人的生活机会。”</strong></p></body></html>","source":"fbszg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>巴菲特向左,凯茜·伍德向右</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n巴菲特向左,凯茜·伍德向右\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-08 11:55 北京时间 <a href=https://mp.weixin.qq.com/s/RYHCurl1G_ZfZhqeYIXZ1A><strong>福布斯</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>凯茜·伍德是巴菲特的反面,无论是投资风格还是生活方式。但这样两个大相径庭的人却能概括如今美国投资界最具代表性的两种价值观。巴菲特的成功取决于相信“常识”与“普遍真理”在历史中的一致性,并耐心的通过成熟稳健企业所产生的复利,创造了一种资本市场的思想范式,并很大程度上更新了价值投资的现代内涵。而被称为“科技股女”的凯茜·伍德则要激进得多,她的成名要归功于投资了一系列“破坏性创新”的科技公司。从最早的...</p>\n\n<a href=\"https://mp.weixin.qq.com/s/RYHCurl1G_ZfZhqeYIXZ1A\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/462388ea858e5be1975c67325e9d2d0c","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://mp.weixin.qq.com/s/RYHCurl1G_ZfZhqeYIXZ1A","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147414416","content_text":"凯茜·伍德是巴菲特的反面,无论是投资风格还是生活方式。但这样两个大相径庭的人却能概括如今美国投资界最具代表性的两种价值观。巴菲特的成功取决于相信“常识”与“普遍真理”在历史中的一致性,并耐心的通过成熟稳健企业所产生的复利,创造了一种资本市场的思想范式,并很大程度上更新了价值投资的现代内涵。而被称为“科技股女”的凯茜·伍德则要激进得多,她的成名要归功于投资了一系列“破坏性创新”的科技公司。从最早的移动互联网、数字货币交易所到如今火热的AI公司,今年已经67岁的她也总能够在巨大的风浪中抓住“大鱼”。今年上半年,凯西·伍德的旗舰交易所交易基金涨幅超过50%。她从去年开始否认美国科技股存在泡沫,同时也在上个月中旬预言,美国通胀水平将比预期更早达到2%。ARK Invest背后的知名投资人凯茜·伍德(Cathy Wood)正处于一个未知领域,面临着一个从未有人问过她的问题。7月的一个周一的下午,67岁的伍德精神抖擞,尽管她前一晚刚乘坐红眼航班从洛杉矶飞往佛罗里达州圣彼得堡。从一个会议奔向另一个会议的她俨然是一位行动派。(红眼航班〔Red-eye flight〕是指在深夜至凌晨时段运行,并于翌日清晨至早上抵达目的地,飞航时间少于正常睡眠需求〔8小时〕的客运航班。)在我们最近的一次Zoom通话中,我问她,关于金钱,是谁教会了她最多。这个问题看似微不足道,但在高风险的投资世界里,在媒体审视和市场预期的影响下,这个问题令人出乎意料,揭示了关于这位备受瞩目的基金经理更深层次的真相——她仍然是一个具有深厚人性的人。“这是我第一次能够说,是我的母亲(教会了我)。”伍德说。“虽然我父亲为她从不需要工作而感到自豪,但她仍然需要为了照顾家庭而辛勤劳作——他称她为‘世界上最好的经济学家’。”伍德的父母出身贫寒,从爱尔兰移民到美国,后在洛杉矶定居。伍德的父亲是军人出身,没有受过正规的大学教育,但他给伍德灌输了创新精神,而她母亲精打细算的能力确保了他们从来没有挨饿。这为伍德成长时期的韧性和足智多谋提供了佐证。“但是,天哪,她把每张优惠券都剪下来了!”她说。如今,伍德作为投资管理公司ARK Invest的创始人、首席执行官、首席信息官和明星选股人,正在投资界大显身手。ARK Invest管理着近240亿美元的总资产。在过去五年里,她的旗舰基金方舟创新基金(Ark Innovation Fund)的平均年回报率接近45%,伍德已经证明了自己在资金管理领域的强大实力。2022 年 5 月 2 日,加利福尼亚州比佛利山庄,方舟投资公司首席执行官兼首席投资官 凯茜·伍德在米尔肯研究所全球会议上发言。图片来源:PATRICK T. FALLON/AFP via Getty Images一、2023年的情况伍德花了一点时间在她的电脑上找到相关数据,然后开始分享ARK Invest的实时更新,因为这是凯茜·伍德的一贯风格:如果不计算数字,我们就无法完成采访。“关于当前市场表现的有趣之处在于,如果你在今年年初告诉我,大型科技股将起飞,跑赢标准普尔500指数,而医疗保健股将陷入负增长,中小型股将跑赢大多数指数,我会认为我们会是表现不佳的那一个。”她说。她的话充满了经验的分量,因为她知道市场情况可能变化无常,难以预测。但她的声音却充满了自豪感,她说:“但事实正好相反,我们的表现甚至超过了100ETF-ProShares(QQQ)和纳斯达克100指数。这是积极管理卷土重来的早期迹象。”为了证实自己的说法,伍德深入研究了这些数据,并列举了能充分说明其投资策略的回报。“截至7月21日,我们的旗舰产品上涨了53.4%,我们的基因组策略上涨了31.5%。” 她精确地叙述说。“与此同时,标准普尔500指数上涨19.2%,纳斯达克指数上涨34.7%,纳斯达克100指数上涨41.5%。尽管整个医疗保健行业全年的涨幅只有1.1%,但我们仍保持了31.5%的强劲增长。”随着她进一步深入探讨他们的业绩表现,她的兴奋之情也愈发明显,她强调了他们小盘股策略的成功,尽管该板块面临挑战,但他们的基金仍飙升了 12%。她语气中的自豪溢于言表,因为她知道,他们独特的主动管理方法正在取得成效。“我们对此非常满意。”她说,“但我们也想传达这样的信息:这是主动管理所能取得的最好的结果。”当话题转移到市场状况和利率波动时,伍德的分析思维开始高速运转。她权衡了加息对长期策略的影响,承认在过去两年不确定性加剧的情况下所面临的挑战。她说:“市场似乎正在关注加息。但我们认为加息已接近尾声,市场似乎也同意这一点。”从7月开始,ARK Invest开始出现新的资金流入,这表明他们独特的策略正在吸引投资者的关注和信任。她把市场的波动比作真理的波浪,随着投资者情绪的涨落和利率的涨落而起伏。经历了繁荣和萧条之后,ARK Invest经受住了风暴的考验,当她回顾这段旅程时,她重申了自己对带领公司走到今天的愿景和承诺。“我们知道我们是谁。”伍德用坚定的声音说,“所以,我不会让任何一方影响到我。我们一直盯着我们的目标。我们一直在前进。”二、受研究支持的乐观主义自2014年成立ARK Invest,并以ETF形式提供活跃的股票投资组合以来,伍德所建立的业务与她的思想精髓如出一辙。伍德不满足于周围都是“老好人”,相反,她享受智力刺激和好奇心带来的挑战,这促使她寻求不同的观点,并突破传统范式进行思考。她知道,ARK的成功取决于一个核心——他们的研究。“我们的研究是基于基本原理的。”她说,“我们从一无所知、一张白纸开始,深入研究各种可能性。我们在2014年就对自动驾驶汽车会是什么样的提出了设想。现有的基准并不能约束我们。”她强调,ARK分析师的职责不是按行业划分,而是按技术划分,因此在14种不同的技术中,他们是行业通才。他们相信,这些技术将跨越行业界限,并创造大量市场机会。伍德承认:“有了这种从研究中产生的信念,我就很难再对我们的工作产生怀疑。我真心相信我们做的是正确的事,而且是用我们自己独特的方式。我很惊讶没有更多的公司效仿我们的做法。”在谈到他们的研究原则时,很明显她看到了分享研究成果的力量,但即使是伍德,在面对该公司在社交媒体上受到如此多的关注时也仍然感到惊讶。他们的社交策略,包括与金融科技平台Titan合作的社交媒体和社交分销,使他们能够与更广泛的受众接触,并获得有价值的反馈。ARK Invest的YouTube频道吸引了54.5万名订阅者,他们定期收看该公司分享的投资见解。伍德笑着说:“很多人说我们把研究成果拱手发布出去是疯了,但他们没有看到我们从中获得的巨大回报。创始人、风险投资家和教授会在看过以后联系我们,我们也能从他们的观点和批评中学习。这就像是在与创新者和评论家进行持续的对话。”把ARK Invest的研究放在中心地位也为公司打开了合作的大门。2022年9月,Titan宣布与ARK Invest合作,向Titan的散户投资者推出ARK风险基金。她表示,因为这个原因,即便是在3月份的地区性银行危机期间,ARK的资金流入也一直保持稳定。“MosaicML是被我们纳入投资组合的首批公司之一,而它去年9月被Data Bricks以5倍于我们的价格收购,这是我们的第一个重大胜利。”现在,一旦收购完成,DataBricks在他们的投资组合中处于最突出的位置。伍德不仅对盈利感兴趣,她还希望帮助ARK Invest投资组合中的公司吸引人才,为下一轮融资或IPO做准备,她称这是“真正的双赢局面”。在一个往往被短视思维主导金融格局的世界里,ARK Invest的长期眼光使他们与众不同。对伍德和她的团队来说,这不仅仅是为了追逐短暂的收益,也是因为他们坚信自己的观点最终会取得胜利。“我们看待公司的方式与众不同。”她断言,“我们希望看到他们积极投资于自己的未来,即使这意味着放弃短期盈利能力。人工智能和自动驾驶出租车平台等新兴技术带来的机遇要求我们采取不同的方法来利用它,而我们已经准备好迎接这些机遇。她的话中充满了自信和自省,令人印象深刻。她分享说:“对一个美丽新世界的希望已经变得非常短视。”她承认,她开创性的投资方式不可避免地会出现起起落落。eToro美国公司的首席执行官Lule Demmissie是金融界的另一位重要女性,她被区块链技术为教育全球普通投资者提供公平竞争环境的长期承诺所吸引,这与伍德的观点相似。“但这并不意味着前方的道路不会坎坷,这个行业也将继续走向成熟。”她在一封电子邮件中表示。“市场周期是不可避免的,任何投资观点都应该经过深思熟虑,而不是盲目乐观。但正是观点和预期的不同造就了市场,而凯茜带来了不同的视角。”尽管伍德在华尔街工作了45年,在投资组合管理领域工作了30多年,但她直到2020年才跻身投资偶像行列。她对创新型公司进行了大胆的投资,因为她认为这些公司将塑造未来,创造公平的竞争环境,尽管其中有许多公司还没有开始盈利。这些押注最终得到了回报。随着新冠疫情的蔓延和经济的螺旋式上升,她的ARK创新基金的回报率达到了150%。这使伍德成为了华尔街的宠儿。最重要的是,伍德对比特币的不懈支持和乐观态度使她的名字经常成为头条新闻。她很早就看到并向世界宣告了公共区块链的潜力。她预测比特币将在2020年上涨,如今,她预测比特币将在2026年将达到50万美元,到2030年将达到100万美元。“她用高质量的研究来支持她的观点,这样做为专业投资者拓宽了对比特币发展前景的认识窗口,让他们了解比特币会变成什么样子。”Bitwise的首席投资官马特·霍根(Matt Hougan)在一封电子邮件中说。“值得庆幸的是,包括富达(Fidelity)和贝莱德(BlackRock)在内的其他主流声音也加入了她的行列。在一个颠覆性的领域,进步就是这样取得的:起初是少数人倡导,然后由多数人加入。”值得注意的是,尽管存在诸多争议,但她的结论是对的。她自信地预测了特斯拉的股价飙升(在2018年还有谁看好特斯拉),特斯拉成为过去五年表现最好的股票之一。而比特币则是这十年来表现最好的资产之一。伍德说,2022年,ARK Invest的长期投资策略受到利率上升的“彻底打击”,所有这些赞誉都烟消云散。批评人士说,伍德的基金风险太大,而她只会“一招鲜”。吉姆·克莱默(Jim Cramer)曾称她为“死亡之吻”,甚至有人设立专门的基金与她对赌。尽管她的信念遭到嘲笑,伍德仍丝毫不为所动。她意识到围绕着她的逆向决策,在推文和新闻报道中都有着负面记载。在市场起起伏伏的旋风中,伍德回想着她的公司不可撼动的时期。“我可以告诉你,从2020年年底到2021年年初,ARK没有做错任何事——凯茜·伍德没有做错任何事。”当回忆起当时关于她和她的公司的无穷无尽的负面报道时,她这样说道。怀着作为一位经验丰富的远见卓识者的坚定信念,她讲述了她曾在那段激情燃烧的岁月里说过的话:“我们今天是GOAT,即有史以来最伟大的(投资)公司(greatest of all time),明天仍将是goat”。她对自己的团队和他们独特的方法充满信心,她还特别强调了“GOAT”大写字母和小写字母之间的区别,说明了公众看法和他们的自信之间的区别。与此同时,她还被誉为先锋人物。在以沃伦·巴菲特为代表的行业中,一位女性代表脱颖而——她的成就、对卓越的不懈追求以及对工作的坚定执着,使她成为金融界最具影响力的女性之一,为下一波女性领导者登上顶峰打开了大门。曼哈顿西区首席战略官维克·萨西(Vik Sasi)说,虽然对伍德的投资方式的评价两极分化,但没有人能否认她对加密货币做出的实质性贡献。萨西在一封电子邮件中说:“她将一位具有前瞻性思维的风险投资人的坚定信念带到了公开市场,并且她不会在最初的波动迹象面前退缩。”鉴于她在公开场合做出的高额投资组合预测,她是信念驱动型的,这或许是一种错误,但最终对资产类别来说却是一种净利好,并将继续作为一名忠实的斗士,促进加密货币被更广泛地接受和采用。\"今年 4 月,伍德和奥菲莉娅·施耐德(Ophelia Schneider)联合创办的21Shares(伍德是董事会成员)共同向美国证券交易委员会重新申请ARK 21Shares比特币 ETF 。施耐德于2018年与伍德联合创办了21Shares,旨在建立她母亲都可以使用的复杂加密投资技术。该公司目前估值7亿美元。伍德和施耐德都认为,创新将成为一种安全的投资类别。伍德说:“与人们现在的想法截然相反,一个例子是,3月份时地区银行分崩离析,银行股本身内爆,而比特币却从19000美元涨到了30000 美元——那是对交易对手风险的安全逃离。”TaxBit品牌与传播副总裁米歇尔·奥康纳(Michelle O'Connor)在加密货币行业工作了近十年,她表示,她见证了无数创新和具有煽动性的开拓者的兴衰。她在一封电子邮件中说:\"我高度评价凯茜对这个市场的坚定承诺,她和她的团队将继续关注加密货币的潜在未来。奥康纳承认,伍德的批评者似乎忘记了她在这个行业的任职经历。她说:\"以一个公众人物的身份推广加密货币是一回事,而拥有一个经验丰富的思想领袖则是另一回事,她不仅对加密货币的近期和长期潜力非常了解,而且对底层技术也非常精通。三、创新的新基地2021年10月,伍德再次成为头条新闻,因为她将自己投资公司的基地从大多数传统金融机构的所在地曼哈顿中城转移到了佛罗里达州海湾沿岸的圣彼得堡市。疫情期间诞生的新型混合远程办公文化推动了这一决定。如今,她的团队在圣彼得堡的办公室轮流工作,阳光普照的位置与乐观的前景齐飞,她将在这片新土地上开启一个以教育和社区建设为中心的新时代。圣彼得堡正蓄势待发,伍德也已率先押注未来。为了帮助刺激该市的经济发展,ARK投资200万美元建造了ARK创新中心,该中心占地45,000平方英尺,将作为孵化50多家公司和鼓励创业的空间。ARK创新中心还将成为伍德的创新基金会的所在地。伍德在三年前发起了该基金会,旨在通过创新的视角为教育绘制新蓝图。伍德为基金会聘请的教育工作者将ARK著名的研究成果转化为适合不同年龄段的课程,并将成为皮内拉斯县所有公立学校的六年级科学课程,这在美国东北部地区尚属首次。伍德说:\"没有比启发年幼的孩子更能产生深远影响的了。新技术能激发他们的热情,给他们带来希望和梦想,让他们相信自己会过上比父母更好的生活。”皮内拉斯县学校系统中约有60%的学生来自社会经济地位较低的家庭。伍德坚信,创新和技术可以创造公平的竞争环境。她说:\"我从未想过这个梦想可以成真。”四、未来五年伍德一直在展望未来,对于未来五年,她正在考虑如何让更多人清楚地认识到我们正在进入一个通货紧缩的世界,她说:“通货紧缩并不一定是坏事。”她说:“一项新技术的价格下降意味着全世界有更多的人可以利用它,负担得起它。\"因此,我们相信我们正处于ARK产品组合中这五个创新平台的最佳位置:多组学测序、机器人技术、能源存储、人工智能和区块链技术\"。伍德坚信,这些行业的融合正在经历指数级的增长,现在它们都开始相互依存了。她说:\"我们相信,在未来五到十年内,这将导致真正颠覆性创新企业的市值从15万亿美元增至200多万亿美元。她接着解释道,20世纪90年代的互联网泡沫来得太早,因为当时的技术过于昂贵。她说,Chat 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