In this session from the 73rd Annual Virtual Conference, Catherine Wood discusses disruptive innovation:

• We are experiencing a shock to the financial system, but the forces in motion before this shock will continue. We have experienced two prior shocks in the last 40 years:
  • Portfolio insurance failed in October 1987
    Low volatility strategies this time around
  • Terrorist attack on 11 September 2001
    Coronavirus outbreak this time around
• Three variables can serve as a guide to investors: monetary policy, fiscal policy, market signals;
• Innovation gains traction during tumultuous times. For example, in health care, the convergence of artificial intelligence (AI), next-generation DNA sequencing (NGS), and CRISPR gene editing have the potential to transform health care completely.