What You Don't Get about Bitcoin

Cathy Wood to the Rescue

Mar 11, 2025

FACT: OVER 50 STATES HAVE BILLS SUBMITTED TO START THEIR OWN STATE BITCOIN RESERVES. Smart Money is BUYING while AVERAGE JOE has been selling. (You know who historically wins this game. Be smart!)

Fun fact: Do you know the average 401k since 1980 has done around 3.6% annually, while the mediocre funds offered have averaged around 10% annually? (That compounds to potentially millions of dollars less for retirement) The ONLY difference is 401k holders self destructive attempts at timing by selling on fear and buying again when the sale is over and prices are comfortably higher again. “That’s called a self destructive habit. Stop that shit”-Jimmy Buffett

Cathie Wood is the Founder & CEO of Ark Invest. This conversation was recorded at Bitcoin Investor Week in New York. In this conversation we talk about what the environment was like buying bitcoin in 2015, why bitcoin is so innovative, institutional interest in bitcoin, global macro world, market uncertainty, DOGE, bitcoin strategic reserve, and the future outlook on the market and bitcoin

ENJOY! (*Remember, Nothing here is financial advice. Always do you own due diligence*)

Bonus:

Warren Buffet on WHY KEEPING YOUR COOL (AND BUYING INTO FEAR IF YOU CAN) PAYS OFF:

Stock prices have fallen sharply this week as investors brace for the possibility of an economic slowdown — the potential impact of temperamental tariff policies and a deceleration in the labor market.

In a Sunday interview on Fox News, President Donald Trump hinted at the potential for some near-term struggles. “There is a period of transition, because what we’re doing is very big,” he said. “We’re bringing wealth back to America. That’s a big thing. ... It takes a little time, but I think it should be great for us.”

When asked if a recession is imminent, the President added, “I hate to predict things like that.” He went on to say, “Look, we’re going to have disruption, but we’re OK with that.”

The S&P 500 is down by more than 9% from its record high on Feb. 19, putting stocks on the doorstep of a correction, defined as a decline of 10% or more from previous highs.

Should it become more apparent that a recession is forthcoming, investors are likely to push things down even further. Just ask Berkshire Hathaway chairman and investing legend Warren Buffett.

“There is simply no telling how far stocks can fall in a short period,” he wrote in his 2017 letter to shareholders. But should a major decline occur, he continued, “heed these lines” from Rudyard Kipling’s “If,” circa 1895.