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ARK Invest's chief futurist lists five groups that should give tech investors an edge. "We believe that this is a unique time in technological economic history," he told CNBC's "ETF Edge" this week. Winton collaborates with ARK Invest CEO Cathie Wood to maintain the ARK Venture Fund (ARKVX), which allows investors to buy into the private technology space. "That's a real challenge a lot of public market investors don't have that long-term view," Winton added. The ARK Venture Fund is down more than 7% so far this year.
Persons: ARK, Brett Winton, CNBC's, Winton, Cathie Wood Organizations: ARK, ARK Venture, Epic, Therapeutics
ARK Invest is betting big on private tech companies. "It's an amazing time to invest in innovation," the firm's chief futurist, Brett Winton, told CNBC's "ETF Edge" this week. Winton worked with the ARK Invest team to create the ARK Venture Fund (ARKVX), a closed end interval fund, in September 2022. Closed-end interval funds allow investors to invest in private companies at their net asset value at any time, regardless of market volatility. As of Thursday's close, the ARK Venture Fund was up 29% since its inception date.
Persons: Brett Winton, CNBC's, Winton, ARK, Organizations: Invest, ARK Invest, ARK Venture, Games, SpaceX
The world of investing in private companies
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe world of investing in private companiesBrett Winton, Ark Investment chief futurist, joins CNBC’s Bob Pisani to discuss the ARK Venture Fund, investing in private companies and the advantages it holds.
Persons: Brett Winton, Bob Pisani Organizations: Ark Investment, ARK Venture Fund
If you have your heart set on investing in up-and-coming private companies, options exist, but are limited. Obviously, there is a strong desire to get into hot private market tech companies, even if at an irrational cost. The simplest way to do this would be to float an exchange traded fund, or ETF, that held these private shares. Forge Global launched the Forge Accuity Private Market Index, a market capitalization weighted index that tracks the performance of 60 late-stage venture-backed private companies like SpaceX and Epic Games. Bottom line: there is no easy way to access private shares.
Persons: Tech100, Cathie Wood, Howe Ng, Brett Winton Organizations: New York Stock Exchange, SpaceX, Klarna Bank, Tech100, ARKVX Venture, Forge Global, Epic Games, ARK Investment, Edge
Tesla is offering a free monthlong trial of its Full Self-Driving software. FSD adoption could significantly increase Tesla's profit margins and improve the software. Tesla CEO Elon Musk announced on Monday that the electric carmaker would offer its US customers a free trial of the driver-assist software starting this week. "All US cars that are capable of FSD will be enabled for a one month trial this week," Musk wrote on X. Advertisement"Almost no one actually realizes how well (supervised) FSD actually works," Musk wrote in the email.
Persons: Tesla, , Elon Musk, Musk, FSD, Brett Winton, Cathie Wood, I'm, I've Organizations: Service, Business, ARK Invest, Tesla, National, Traffic, Administration
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBy 2030 AI software companies will need 'trillions of dollars' in AI chips: ARK chief futuristBrett Winton, ARK Invest chief futurist, joins 'Fast Money' to talk what's ahead for AI after another big GPU announcment from Nvidia.
Persons: Brett Winton Organizations: ARK Invest, Nvidia
Bitcoin prices have rebounded since 2023, recovering from steep declines in the couple of years before. On Tuesday, bitcoin prices reached a two-year high of over $56,000. Ark Invest's chief futurist, Brett Winton, believes that a "responsible allocation to innovation generally is really, really critical." On average, Ark Invest's research shows that the "optimal" allocation to maximize risk-adjusted returns — on a five-year time horizon — would be 4.8% on average since 2015. The breakdown of Ark Innovation ETF's tech investments is as follows: cryptocurrencies make up 6.9% of it, and digital wallets 8.8%, among other tech themes.
Persons: Ark, Brett Winton, CNBC's, Winton, , bitcoin's Organizations: Invest, Innovation, Ark Invest Locations: bitcoin, U.S, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt will be 'something of a surprise' if incumbent companies emerge as winners in AI: ARK InvestBrett Winton, ARK Invest Chief Futurist, expects a new platform to emerge as the world enters a "new operating system era", adding that it will likely accrue most of the gains when it comes to AI.
Persons: Invest Brett Winton Organizations: Invest, ARK Invest
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe OpenAI shakeup 'blunts the velocity' of the organization, says ARK Invest Chief FuturistBrett Winton, ARK Invest Chief Futurist, joins 'Fast Money' to talk the OpenAI shakeup and why it may be opening the door for competitors to catch up.
Persons: Brett Winton Organizations: ARK Invest
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's competitors realized it built a better product, says Ark's Brett WintonBrett Winton, Ark Invest's chief futurist, Tim Higgins of WSJ and Bethany McLean of Vanity Fair discuss Ford and GM's decision to adopt Tesla's charging tech. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Ark's Brett Winton Brett Winton, Ark, Tim Higgins, Bethany McLean, Brian Sullivan, Organizations: Ford, CNBC
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega-cap tech companies are 'imperiled by A.I. in different ways', says ARK's futurist Brett WintonBrett Winton, Ark Invest chief futurist, joins 'Fast Money' to discuss Amazon's A.I. usage, the value of the technology, and why the technology may not benefit all major tech companies.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig Tech isn't the only way to invest in A.I., says Ark's Chief futuristBrett Winton, Ark Invest, on A.I. 's impact on big tech and the market with CNBC's Melissa Lee and the Fast Money traders.
Companies have to onboard AI quickly if they want to stay competitive, Ark Invest's Brett Winton says. Microsoft will outcompete Google in the long run, despite higher costs for AI search engines. Partly driven by headline-making AI developments from the likes of Microsoft and Google, Winton thinks the technology's takeover has also been boosted by current macroeconomic issues faced by corporations. The pivot to AI will also mean changes for the search engine hierarchy, Winton said, pointing to Google and Microsoft's development race. The company continues to advance the technology, recently announcing that the search engine's new capabilities will be available on mobile phones.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCorporate America is going to have to adapt to AI or die: ARK Invest chief futuristChina is reportedly cracking down on ChatGPT. ARK Invest's Brett Winton on whether A.I. is ready for prime time. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Dan Nathan, Courtney Garcia and Guy Adami.
"I think Google is fundamentally impaired by this transition to AI," Brett Winton, the chief futurist at Cathie Wood's Ark Investment Management, told Melissa Lee on CNBC's ' Fast Money ' recently. "Their entire business model is built around taking people and delivering them to the next byte, and these AI systems actually deliver answers to the end users" he said. 'Fragile' model Moving forward, Winton doesn't see head-to-head competition between search engines necessarily leading to a winning AI strategy. "I think Google's model is fragile, and it doesn't necessarily accrue to Microsoft's benefit," he said. "It's much clearer that there will be a lot of money spent on AI investment," Winton said, adding that the key for either tech giant to be well-positioned is by providing AI capabilities in their software."
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe real reason GOOGL is at a disadvantage vs. Microsoft in the A.I. raceBrett Winton, ARK Invest's chief futurist, weighs in on the artificial intelligence battle. With CNBC's Melissa Lee and the Fast Money traders, Dan Nathan, Karen Finerman, Guy Adami and Steve Grasso.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInnovation ETF concerned about long-term growth, says Brett Winton, Ark Invest's director of researchBrett Winton, Ark Invest director of research, joins 'Closing Bell' to discuss Cathie Wood's Ark Innovation ETF, which is down 40% from February's peak.
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