Big Ideas 2024 โ ARK Invest โ Annual Research Report
Disrupting the Norm, Defining the Future
ARK Invest proudly presents "Big Ideas 2024: Disrupting the Norm, Defining the Future." A tradition since 2017, Big Ideas offers a comprehensive analysis of technological convergence and its potential to revolutionize industries and economies.
ARK seeks to deliver long-term capital appreciation by investing in the leaders, enablers, and beneficiaries of disruptive innovation. With a belief that innovation is key not only to growth but also to resilience, ARK emphasizes the necessity of a strategic allocation to innovation in every investor's portfolio. This approach aims to tap into the exponential growth opportunities often overlooked in broad-based indices, while simultaneously providing a hedge against the risks posed by incumbents facing disruption.
Historically the ARK reports struck me as pretty well-researched science fiction: they make their logic available, but it's like in the back room the direction they were given was: think of how electric vehicles plays out in the the most favorable possible universe, so that even though Tesla is stupidly overvalued, there's still at least 10x to go.
So the chain of logic survives a cursory inspection; but it's thin. Will be interesting to see if the trend still holds, or rather: how they'll make it hold.
electric vehicles
plays out in the the most favorable possible universe, so that even though Tesla is stupidly overvalued, there's still at least 10x to go.