Ark's Wood Still Likes Tesla But Loves DNA Stocks More

The transcript discusses the significant impact of Tesla on past returns and explores future investment opportunities, particularly in the genomic space. It highlights the potential of DNA sequencing, AI, and CRISPR in curing diseases. The discussion also covers the portfolio's performance, noting the minimal contribution from major tech stocks like Apple and Microsoft. The focus is on identifying the next big opportunities in genomics rather than traditional tech giants. The investment strategy is centered around a minimum hurdle rate of 15% and adapting to market conditions by considering cash-like equities when necessary.

What is expected to drive the biggest upside surprises in the next five years according to the speaker?

• Cryptocurrency

• Renewable energy

• Genomic innovations

• Electric vehicles

Which major tech companies contributed minimally to the portfolio's performance?

• Tesla and Netflix

• Apple and Microsoft

• Google and IBM

• Intel and AMD

What is the minimum hurdle rate of return for a stock to enter the portfolio?

• 20% annually

• 25% annually

• 10% annually

• 15% annually

Under what condition might the investment strategy shift back to major tech stocks?

• If genomic stocks outperform

• If the market crashes

• If tech stocks become more volatile

• If return expectations drop below 15%

How are major tech stocks treated in the investment strategy during a bull market?

• As primary growth drivers

• As cash-like instruments

• As short-term trades

• As high-risk investments