Cathie Wood

Young people are spending more than half of their discretionary, their free time online. And so property ownership online is becoming more important. It's being legitimized by the way people are spending their time.

Oh, Elon.

Oh, Elon.

Well, I have two points of view.

Well, I have two points of view.

Yes, I think that surprised him. So, I have many thoughts about this. Our government has become so bloated. It is scary. And our indebtedness is growing. If we want to remain the reserve currency of the world, we're at risk of losing it. And on our tail is the whole digital asset world, right? So government spending is taxation.

Yes, I think that surprised him. So, I have many thoughts about this. Our government has become so bloated. It is scary. And our indebtedness is growing. If we want to remain the reserve currency of the world, we're at risk of losing it. And on our tail is the whole digital asset world, right? So government spending is taxation.

It's either taxation that's going to happen immediately or will happen in the future or or will happen through inflation, which is the most regressive tax at all. So I think the sentiment was right in terms of getting in there and seeing what technology can do for the government, which is really what's happening. I'm watching it in the FDA, how they're starting to use AI.

It's either taxation that's going to happen immediately or will happen in the future or or will happen through inflation, which is the most regressive tax at all. So I think the sentiment was right in terms of getting in there and seeing what technology can do for the government, which is really what's happening. I'm watching it in the FDA, how they're starting to use AI.

It's phenomenal what's happening. So... Die Frage, die ich normalerweise bekomme, also ich bin sehr froh, dass die Hälfte der Lösung das Problem versteht, dass jemand da ist mit diesem Fokus und Determinierung. Er hat natürlich gesagt, dass er dieses Monat wegsteigen will, um mehr Zeit mit seinen Firmen zu sparen.

It's phenomenal what's happening. So... Die Frage, die ich normalerweise bekomme, also ich bin sehr froh, dass die Hälfte der Lösung das Problem versteht, dass jemand da ist mit diesem Fokus und Determinierung. Er hat natürlich gesagt, dass er dieses Monat wegsteigen will, um mehr Zeit mit seinen Firmen zu sparen.

Natürlich bin ich froh darüber, aber außerhalb dieser politischen Dynamik denke ich nicht, dass Elon nicht am Tag zu Tag da ist, was das Problem in der ersten Quartier verursacht hat. Es war viel mehr makro. Wir hatten eine negative Quartier in der ersten Quartier der echten GDP-Wachstum. So, Macro, which is hitting everyone, and the overlay of this political dynamic.

Natürlich bin ich froh darüber, aber außerhalb dieser politischen Dynamik denke ich nicht, dass Elon nicht am Tag zu Tag da ist, was das Problem in der ersten Quartier verursacht hat. Es war viel mehr makro. Wir hatten eine negative Quartier in der ersten Quartier der echten GDP-Wachstum. So, Macro, which is hitting everyone, and the overlay of this political dynamic.

The news cycle, thank goodness, moves fast, and so we'll be through that, I think. And, by the way, there are news reports even this weekend saying those... die darüber nachdenken, wie es mit Doge und One Party zu tun hat, haben eine Veränderung des Herzens. Denn die Betrachtungsrate wird runterkommen, weil wir mehr auf die finanzielle Spende konzentriert sind.

The news cycle, thank goodness, moves fast, and so we'll be through that, I think. And, by the way, there are news reports even this weekend saying those... die darüber nachdenken, wie es mit Doge und One Party zu tun hat, haben eine Veränderung des Herzens. Denn die Betrachtungsrate wird runterkommen, weil wir mehr auf die finanzielle Spende konzentriert sind.

Elon's way of managing his companies is to attract the best and the brightest, not only scientists, engineers, but also business people. These are people who want to solve the hardest problems in the world. He sets a timeline that seems reasonable to him for milestones to occur. Und er interferiert nicht, solange sie diese Meilensteine verlieren oder die Zeitung dieser Meilensteine.

Elon's way of managing his companies is to attract the best and the brightest, not only scientists, engineers, but also business people. These are people who want to solve the hardest problems in the world. He sets a timeline that seems reasonable to him for milestones to occur. Und er interferiert nicht, solange sie diese Meilensteine verlieren oder die Zeitung dieser Meilensteine.

Dann wird er involviert. Und das ist, wo du hörst, er wird rein und er wird einfach Leute verkaufen und, du weißt, und, und, du weißt, das Programm wieder gehen. And he's done that certainly at Tesla. He's done that at all of his companies. And so he's really troubleshooter in chief. Once he understands and has set a strategy, he then becomes troubleshooter in chief.

Dann wird er involviert. Und das ist, wo du hörst, er wird rein und er wird einfach Leute verkaufen und, du weißt, und, und, du weißt, das Programm wieder gehen. And he's done that certainly at Tesla. He's done that at all of his companies. And so he's really troubleshooter in chief. Once he understands and has set a strategy, he then becomes troubleshooter in chief.

Oh yes, we did actually. Our first podcast with him was in 2019. Oh, I saw that. During production hell.