Cathie Wood Loves What Elon Musk is Doing With Twitter (Bullish)
If only Twitter was still a publicly traded company ($TWTR). Cathie Wood loves what Elon Musk is doing with Twitter. And, what’s not to love?
I can’t help but laugh at all the people, who wrongfully claimed Twitter would fail under musk.
Cathie Wood Loves What Elon Musk is Doing With Twitter
Cathie Wood likes what Elon Musk is doing with $TWTR
— Market Rebellion (@MarketRebels) November 22, 2022
It’s nice to hear respected people in the financial sector speaking up in favor of Elon.
If you’ve been reading the mainstream news lately, which I hope you haven’t, you’ll see that they are all rooting against him.
Some outlets are even reporting that he should be under investigation for acquiring the social-media super giant.
But if you’ve been following our site, you’ll know that we’re Bullish on Musk and his Twitter deal.
So far, Twitter has already broken records for the number of users active on the platform in just a month under Musk’s control.
Twitter added 1.6M daily active users this past week, another all-time high pic.twitter.com/Si3cRYnvyD
— Elon Musk (@elonmusk) November 22, 2022
Musk is a visionary and understands what it takes to produce compelling products.
That’s exactly what he’s doing with Twitter, which could evolve into the best content and news platform in the world.
Cathie Wood’s Had a Tough Year
But who hasn’t in the investing world? Heck, I get sick to my stomach checking the markets everyday.
I believe in Wood to prevail. Just like I do with Elon Musk too.
When people stick their necks out and go against the controlled mainstream narrative, good things tend to happen.
Wood’s Ark Invest has been crushed this year in the markets.
Her main fund $ARKK is down 64% in the past year.
However, she founded Ark with the intention of being a disruptor. Disruptive companies generally trade in higher-risk, higher-reward scenarios.
Call me crazy but I’m bullish on Cathie.
[…] With that said, I think it may be closer to 18 months, which is more aligned with Elon Musk’s end of recession prediction highlighted here. […]