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Cathie Wood

👤 Speaker
1424 total appearances

Appearances Over Time

Podcast Appearances

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Go ahead.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

One more point there.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

You've heard of the flash crash, 1010?

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Yeah, yeah, yeah.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Very few people know this because there have been so many other things to worry about.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

But on October 10th, there was the flash crash caused by a software glitch at Binance.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

And there was an auto deleveraging event.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

People were just, you know, margin called.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

to the tune of about $28 billion.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

We know some of the entities that were caught up in that.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

They were caught flat-footed.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

And we think that is just now washing through the system.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

So if you're looking for something that has weighed on it recently, we do think that happened.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Bitcoin's the most liquid of all crypto assets, so it's the first margin call, right?

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

And we think that's pretty much worked its way out.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

So we're testing here around 80,000 again.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

We think that we're going to hold in the 80,000 to 90,000 range unless all hell breaks loose in Iran, let's say.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

And then maybe we'll see the store of value come back for Bitcoin.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Thank you, Zaid.

The Rundown
Cathie Wood on Tesla’s Robotics Bet, Bitcoin vs. Gold, and the AI CapEx Boom

Thank you so much.