Innovation gains traction during tumultuous times. Catherine D. Wood discusses how technology has been turbocharged in this environment. Learn what areas of disruptive innovation are taking off and why to invest in the companies changing the world.
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
- Portfolio insurance failed in October 1987
- 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.