“I am really watching Cathie Wood closely, she is either the smartest person in the room or the dumbest, after doubling down on Grayscale last week”
sounds like you’re paying attention ... as best as i can tell cathie wood is the dumbest, as she has an incredible record of picking major losers across the board ... she’s also made insane claims, like bitcoin was going to go to one million dollars each ... grayscale is a total loser: it’s a closed end fund whose shareholders can sell only to other people who want to be shareholders and is selling at about 46% discount to the underlying bitcoin that it holds, and has pretty much no chance of every being worth anything unless it can be converted to an ETF, which has been repeatedly rejected by U.S. regulating bodies ...
Cathie’s record 2 years ago made her look like the second coming of Peter Lynch. Since then she has been abysmal. She has an interesting take on inflation, believing we are in a long term deflationary cycle, despite the current short term inflation. She thinks technological advances, particularly automation, means deflation. I find it interesting but don’t hear anyone else saying this