Twist Bioscience, Cathie Wood's Latest Disaster

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Күн бұрын

In today's video, we continue our exploration of the turbulent journey that is Cathie Wood's Ark Invest, focusing on one of their most troubled ETFs, ARKG Genomic Revolution ETF. Over the past 5 years, ARKG has underperformed the S&P 500 by a staggering 70%. We've previously delved into one of ARKG's holdings, Ginkgo Bioworks, and today we turn our attention to another key player, Twist Biosciences. Twist is a significant holding in the ARKG ETF, with Ark Invest being its largest shareholder, owning 12% of the company's outstanding shares.
Founded in 2013 and going public in 2018, Twist Biosciences promised to revolutionize synthetic biology with its gene editing microchip, claiming it could create synthetic genes thousands of times faster than traditional methods. This breakthrough was anticipated to accelerate drug discovery, develop hyperproductive plant strains to combat world hunger, and open doors to numerous other revolutionary applications. This excitement drove Twist's share price to nearly $200 in 2021, giving the company a valuation close to $10 billion. However, since then, Twist Biosciences' stock has plummeted by almost 90%, resulting in substantial losses for Ark's investors.
In this video, we take a deep dive into Twist Bioscience, exploring why investors were so enthusiastic about it just two years ago and dissecting the factors behind its catastrophic share price decline.
Nothing in this video is investing advice, we are giving our own opinions based on publicly available information.
Check out our second channel Broken Business Models where we discuss unusual or otherwise suspect businesses that may be unviable: / @brokenbusinessmodels
Email us: Wallstreetmillennial@gmail.com
Check out our new podcast on Spotify: open.spotify.com/show/4UZL13d...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
0:00 - 1:26 Intro
1:27 - 5:55 What Twist Does
5:56 The Bear Case
#Wallstreetmillennial #syntheticbiology #cathiewood #arkinvest
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Пікірлер: 423

@zcollincollin8939 6 ай бұрын

Talk about Cathie’s management fees. They’ve made $100 millions

@samsonsoturian6013 6 ай бұрын

They don't lose until bagholders sell

@saltmerchant749 6 ай бұрын

Perverse incentive structures are alive and well in fund management.

@OffGridInvestor 6 ай бұрын

People would be better off in some boring blue chip stock with a dividend of a few percent

@kondor9998 6 ай бұрын

Ark Invest operates more like a VC firm than an ETF.

@samsonsoturian6013 6 ай бұрын

Same loan shark and ponzi scheme business model

@grahamjones5400 6 ай бұрын

It's not her money , she don't care if people are still dumb enough to keep paying her.

@saltmerchant749 6 ай бұрын

@@samsonsoturian6013 I mean, it isn't like that. The truth is that VC's are acting more like degen gamblers.

@kenneth8873 6 ай бұрын

She had good luck for awhile but that don’t last

@Lonovavir 6 ай бұрын

Everyone's a genius during a bull market with a 0% interest rate. You find out who the winners are during a bear market.

@jessicaqu 6 ай бұрын

"To end world hunger" should've been a major red flag

@stevensmith8876 6 ай бұрын

Yeah especially as how the whole world has an obesity problem.

@Jordan-Ramses 6 ай бұрын

I don't know what you're talking about. WeWork wanted to raise the world's consciousness. And that wasn't a red flag ;)

@DrDiabolical000 6 ай бұрын

@@stevensmith8876wth is wrong with you? I hope you are trolling. World hunger has nothing to do with obesity. That's a completely different problem that warrants it's own discussion. It's about feeding children from economically poor backgrounds. It usually is the case in impoverished nations with high inflation. Plz do your research before making a banana and apple comparison.

@jonathansweet2230 6 ай бұрын

@@DrDiabolical000But why is it our problem to feed these people?

@raymondmckendry2125 6 ай бұрын

The only time solving world hunger is believeble is when those in the food industry starts fighting it.

@isbestlizard 6 ай бұрын

Pst. When a grifter tells you that a report is 'inaccurate' without explaining any further, PLOT TWIST it is entirely accurate.

@vander9678 6 ай бұрын

and also their response was to look at the ESG report instead. Skull moment

@noahthenormal 6 ай бұрын

I dunno "WRONG" is pretty convincing to me

@dulio12385 6 ай бұрын

Cathie Wood's investment strategy is similar to a cat; Dangle something shiny in front of her and she dives right in with a couple of hundred million of other people's money.

@taWay21 6 ай бұрын

still waiting on the "Berkshire Hathaway Scam!" video xD

@greekbarrios 6 ай бұрын

@Nick-iu9hg Don't sell; avoiding trying to time the market and incurring unnecessary taxes. Stay grounded and focus on the long term!

@colleen.odegaard 6 ай бұрын

If you don't already know, acquiring assets with proper mkt direction overtime will provide more returns than doing it all at once, Thankfully, I can attest to the success of this approach aided by professional guidance seeing my portfolio of $330k grow by 25% this year alone... maybe you should do the same

@velayuthman 6 ай бұрын

@colleenodegaard Hey there, my portfolio has been underperforming recently, and I'm considering a strategy change with the help of an advisėr. Is it possible to get in touch with your advisr?

@colleen.odegaard 6 ай бұрын

yes indeed, Can't divulge much but 'Monica Selena Park' deserves credit for my investing success as one of the finest financial planners out there, you should be able to locate her online if you are an internet-savvy

@blaquopaque 6 ай бұрын

excellent share, no BS. just copied and pasted her full name on my browser out of curiosity, thankfully her site came up after scrolling a bit, she seems first-rate.

@scottlink4399 6 ай бұрын

I love your coverage on Cathie Wood. Great work on all of your videos

@thedustkid 6 ай бұрын

I wouldn't touch any of the ARK funds with a 10 foot pole.

@St.Maurice 6 ай бұрын

ArkK up 46% YTD.

@St.Maurice 6 ай бұрын

Tesla up 12% today including After Hours. Wood's price target of $2000 per share by 2027 seems reachable. She'll be called at TWO-HIT wonder then I bet. @@ArdaiThomasPoker

@ahmadnaufaldai 6 ай бұрын

pole

@VEVOJavier 6 ай бұрын

pole

@St.Maurice 6 ай бұрын

"MARKETS Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever PUBLISHED THU, NOV 30 20233:14 PM EST"@@ArdaiThomasPoker

@MrBonified66 6 ай бұрын

The data storage part is one of the craziest examples of over engineering I can remember

@robertbeisert3315 6 ай бұрын

I remember it being hyped up decades ago, but no one really acted on it. Turns out, not only is it expensive and difficult to work with, but improper storage results in losing all of it in almost no time at all.

@Singularity24601 6 ай бұрын

DNA data storage... absolute garbage at error rates, read/write speeds, ongoing costs, and generally all the metrics that are relevant for data storage... but awesome at capacity per physical volume... except no one in reality is actually going "oh no, if only my storage took up less physical volume." A true solution in need of a problem.

@mariusvanc 6 ай бұрын

It's a technology, like any technology is may one day have a business use case, but until then it's just a neat science experiment some PhD student might dabble in.

@saltymonke3682 6 ай бұрын

@mariusvanc lol, some tech are pure garbage. I'm talking as a biotechnologist, DNA is easily broken down into protein with sunlight radiation. 😂 and you want to store your data there? 😂😂😂😂 we have to use multiple samples to make sure we have the right sequencing data output since we have to minimize data error from broken samples.

@bnwo 6 ай бұрын

You do realize the very thing you're using right now was a science experiment @@mariusvanc

@kenon6968 6 ай бұрын

It's way too early to know if it will revolutionize the world, but it's a sure thing that 99% of these companies won't survive a shakedown

@robertbeisert3315 6 ай бұрын

If you want long term storage - like, really long term - they have these ruggedized Blu-Ray disks that supposedly can remain readable for hundreds of years. They weren't expensive a decade ago, when I last saw them, and any Blu-Ray reader can get the data out in seconds. I am very hard pressed to find a use case where DNA is a better storage medium.

@JohnSmith-rr8hp 6 ай бұрын

Love this, we need to debunk more Cathie Wood!!!

@bonwatcher 6 ай бұрын

I think Wood was struck by lightning once and now lives off of that as a "guru" that can see into the future. How much money can she burn is the only question for her at this point. This smells more like Elizabeth Holmes, Part II.

@floxy20 6 ай бұрын

If I'm reincarnated I want to come back as a chick so I can fail over and over and over again and still find people dumb enough to believe in me.

@Lonovavir 6 ай бұрын

Same here, she's another got lucky once, so she must be right all the time "guru".

@Ciborium 6 ай бұрын

I don't think it would give me confidence in a company if their response to a short seller's research pointing out their financial shenanigans is "Look how Woke we are! Look how much energy, time, and money we put into utter nonsense!"

@xyzmediaandentertainment8313 6 ай бұрын

That's stupid. Being woke or not should have no impact on your decision. Look at financial statements and what direvtion management and leadership are taking the comlany

@squorsh 6 ай бұрын

@@xyzmediaandentertainment8313The fact that they're wasting money on DIE costs is a red flag

@bolsa3136 6 ай бұрын

Thats what he said...

@thai-duytran6997 6 ай бұрын

@@xyzmediaandentertainment8313 that is literally what he said though?!

@velocirapture89 6 ай бұрын

@@bolsa3136 That's what they/them said!

@EamonCoyle 6 ай бұрын

I think the data storage idea could be utilised in terms of storing important information and documents for long term preservation similar to the Svalbard seed bank. Other than that I would say you are right in terms of it not having much of a general use case. It could also be argued that any company who are working with DNA in any manner should be doing so for biological research and science rather than as a general purpose tool.

@Singularity24601 6 ай бұрын

Except DNA is actually extremely terrible at preservation. The DNA in your own body is constantly acquiring errors, requiring constant exergy expenditure from a vast array of error correction proteins, but some errors inevitably escape over time such that cells in your body will already have hundreds of spelling errors by the time you're born. (The reason why most people are not born as misshapen blobs is that hundreds of errors represents only a tiny portion of the genome and most errors will have no effect.)

@EamonCoyle 6 ай бұрын

@@Singularity24601 I get what you mean. I will admit not to being particularly into or informed about science in words or practice so it was very much an extension of the idea rather than an original thought lol. I get the logic of what you are saying and it does make sense so for that I thank you !!

@jcc4tube 6 ай бұрын

@@Singularity24601 All physical storage devices accumulate errors, that's why computers use forward error correction. The concept of storing data in a molecule has extremely intriguing possible use cases, but it's not something you would use to replace computer storage hardware, which WSM seems to not get. I know nothing about Twist Biosciences though, and I do agree that Cathie Wood is a joke.

@aryamanshalizi7131 6 ай бұрын

⁠@@Singularity24601the dna in your body acquires errors because it is being used to template mRNA and is exposed to cellular metabolism. Pure DNA is very stable.

@Singularity24601 6 ай бұрын

@@jcc4tube Yes HDDs and SSDs accumulate errors too, but I feel DNA errors are in a different order of magnitude. I suggest that if your USB stick has to be powered on 24/7 so that its error correcting software can run, and even then it still accumulates 100 bit flips per month, you would throw it out and ask for a refund.

@lombardo141 6 ай бұрын

My question is , how is she still getting investors to give her fees ?

@saltymonke3682 6 ай бұрын

Some investors are just fullfilling their industries portfolio plan for diversification almost blindly. Like 0.000000001% of their total AUM.

@Lonovavir 6 ай бұрын

Hype and gullibility.

@OffGridInvestor 6 ай бұрын

Cult of personality. And feminists only because she's a woman running the show.

@TobiasStarling 6 ай бұрын

As someone who uses DNA an modifys it every week, I’ve never got the hype. DNA data storage is stupid, you’re better off using crystals. Sequencing, tbh that’s not the rate limiting step, it’s already pretty good and pretty cheap. Being able to essentially print a DNA sequence, that would be revolutionary but they didn’t manage or even seem to suggest they were trying that because it’s really hard!

@ronjon7942 6 ай бұрын

I have NO idea what any of this means, so.... Why is it a bad idea? What is this crystal method you speak of? And - it seems to (ignorant) me using DNA implies using an organic material from a living being, keeping it viable (ie, 'alive'), and keeping it in some fluid solution for as long as it's useful. Am I even close on any of these assumptions? It just seems like something out of "Fantastic Voyage."

@TobiasStarling 6 ай бұрын

@@ronjon7942 dna is stable ish, providing its looked after but that’s more effort than it’s worth. Crystals is more of a joke to highlight how pointless dna data is. People have managed to laser data onto crystals which would in theory last basically forever but really is it worth it compared to conventional storage, not really. I doubt dna would ever be stored in an organism because replication is inherently error prone and cells like replicating. Normally you extract DNA from bacteria and isolate the DNA in some inert buffer.

@gracegood3661 5 ай бұрын

I owner a tiny bathroom renovation business- me and four contractors. Depending on the year I pull around $75k USD as taxable income. Add to that around $20-25k of expenses like insurance deals, vehicle costs, home office costs etc etc which go to run our household that we can put through the business. Not including my paycheck and these items we do 18%-22% profit of sales revenue on which we pay company tax. Not bad for a 35 hour work week. So if I went IPO that would be a valuation of 1-1.3 billion give or take. Oh wait, yeah I forgot- I’m not out to disrupt or revolutionize my sector. Just give customers value for money so I get repeat and referral work. Stupid me. Me and my business actually worth sweet F A because we make an honest profit. Enjoy your vids, thanks for making them.

@richardliu8785 6 ай бұрын

Hold up, THAT'S Twist's main product? I thought they were just a DNA synthesis service!

@aryamanshalizi7131 6 ай бұрын

3:02 I am a molecular biologist, and I am no fan of the DNA data storage hype, but… the use case for DNA as a storage medium for digital information is NOT around accessibility, it is around durability and compactness. Netflix (or disney, or the library of congress, or whomever) is not going to stream from DNA, they would (in principle) use DNA to store content and free up server space. Once it is made, DNA is very stable (thousands to hundreds of thousands of years), requires no energy for maintenance, and is much more compact (consider that the human genome packs ~1Gb of data into a few picoliters of volume).

@sirranhaal3099 6 ай бұрын

Femtoliters no?

@aryamanshalizi7131 6 ай бұрын

@@sirranhaal3099 sorry, yes. Femtoliters is correct.

@mariusvanc 6 ай бұрын

Disney just keeps deleting movies from their services, I don't think they're concerned with storing them for hundreds of thousands of years, nor is anyone else.

@andrek.1399 6 ай бұрын

Worked on one of the chips for Agilent.

@thegrumpydeveloper 6 ай бұрын

I really need to watch her more closely to just short everything she does.

@Lonovavir 6 ай бұрын

So, she's the female Jim Cramer?

@serioserkanalname499 6 ай бұрын

Make sure you only short in a non "free money" market, during low intrest rates her companies skyrocket based on hopium and copeium.

@ragreenburg 6 ай бұрын

I don't really know much about DNA storage but I do know that over time regular hard drives and solid state drives do end up losing their data if left for long enough. That's why in the arctic vault we don't use them for storage because if someone found them in a thousand years it would all be useless. So if DNA storage is something that could work without degradation then it would be great for preservation. Though, again, I just heard of this for the first time. I am just pointing out that hard drives/ssd's do have drawbacks for long term storage and this might fill that niche.

@ronjon7942 6 ай бұрын

It IS of course true solid state 'disk' magnetic disk aren't suitable for ultra long term archives in a powered off mode, but they're not engineered to do that. Magnetic tape, WORM optical (dvds) are better, but would still need to be rewritten to new media during the lifetime (centuries? Forever?) of the data. My guess is the reason we haven't engineered permanent forever storage is because there isn't a point or a market as of yet. Refreshing the data from today's technology to tomorrow's seems sufficient enough for now. Besides, not every cat video needs to be archived. Today's dataset could probably be reduced to less than 25% by filtering out the garbage and redundancy, making the data refresh to new media practical enough - more effort should go into this filtering process to at least move it to tape, if not simply discarding it. Think of the savings on the electric bill!!! In the meantime, keep your pens and chisels cuz so far paper and rocks have the best long term track record!

@dan-bz7dz 6 ай бұрын

This is a good take. Obviously storing Wikipedia is just a proof of concept. What it can potentially do is store the whole Internet in a few grams of DNA. Although whether that would be practical or not, is yet to be seen.

@templarknight7 6 ай бұрын

most DNA data storage ideas are focused on long term archival storage. the sort of long term storage a flash drive probably would not be good for. definitely not a very large market though.

@tobyCornish 6 ай бұрын

Doesn't even make sense for that

@templarknight7 6 ай бұрын

@@tobyCornish why not? takes up less space, requires less maintenance, and is overall cheaper.

@BlackJesus8463 6 ай бұрын

@@templarknight7 no

@Insightlyapp 6 ай бұрын

DNA degrades over time too. Just ask any CSI lab worker.

@saltymonke3682 6 ай бұрын

Do you want to store data where the physical aspect of the storage itself can be destroyed by sunlights? 😂😂😂😂😂 really?????? 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

@mx338 6 ай бұрын

DNA Storage could be used for backup storage, where a few hours of reading time aren't a big issue. However it's very questionable whether it could reach the price, longevity and accessibility of the current gold standard of tape storage and new technologies like Microsofts glass based backup storage.

@McElvinn 6 ай бұрын

I'd be interested to see the performance by dividend income for all of these players vs the S&P 500 too. Can it safeguard and grow $500k cash reserve for next 2 years at no risk?

@AUstinnesc 6 ай бұрын

I think you're better off with majority investment in S&P500 and uprising equities cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on which to acquire

@sheltonPston 6 ай бұрын

Right, when it comes to situations like this, it's ideal to engage in various options using an advisor, and I can attest to success of the basket approach seeing my portfolio grow from $350k to almost $1m in barely 3 years, by far my best financial milestone.

@corrySledd 6 ай бұрын

wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don't mind me asking? in dire need of asset allocation

@sheltonPston 6 ай бұрын

There are a lot of independent advisors you might look into. But i work with NICOLE DESIREE SIMON and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her

@corrySledd 6 ай бұрын

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

@seanmaguire834 6 ай бұрын

Standard process is not manual as described. It is also automated just not as scalable in terms of number of oligos. Standard process gives much higher yield per oligo as well so that’s another factor

@DistrustHumanz 6 ай бұрын

I realize this is 2 weeks since your post, but I felt that an evidently knowledgable comment deserved at least one thumbs up.

@SpeedNintendo 6 ай бұрын

I highly, highly disagree on your point regarding the data storage. While their estimates for revenue generated from it within 5 years is probably a huge overestimate, that is not my point. Simply put, there is a reason for putting research into new data storage techniques. There is a lot of research going on for it at the moment, but why? Well, simply put, we can't keep using our current storage techniques forever. With the rate at which data is being created, we simply will run out of room to store it all if it. Either we need to create more storage capacity, or companies will have to start deleting tons of information from data centers (which they absolutely do NOT want to do). We can't just keep creating more, larger data centers filled with hard drives and SSDs forever. Because we would eventually run out of room (in the very distant future, to be fair), but more importantly, more data centers means more cost for upkeep for those data centers. Not to mention, we would run out of resources to create new hard drives and SSDs. Eventually, it would become economically unviable to maintain the internet. So, there is a need to develop new, more space efficient alternative data storage techniques. And since DNA is one of the most space-efficient forms of data storage known to science, it is a very good candidate worth putting research into. If a breakthrough is made regarding DNA information storage, it could absolutely revolutionize the way we store things. The technology may seem like a "gimmick" today, whether due to the slow read speeds of current DNA storage technology, or other concerns. But the reason for that is we need more research into it. No modern technology came out of the blue, with no effort put towards developing it. These things take time, and resources, and if we're not willing to put in the effort to develop new storage technology, then we are setting ourselves up for a future crisis. Also, you said they're "wasting money" putting research into this. However, Netflix are likely the ones giving them money to research this stuff. They aren't wasting money, they are simply using the money Netflix gave them to research what Netflix wanted them to research. If they took funding from Netflix to do one thing, and put it into something else, they would be defrauding Netflix, so that is a dumb point in my opinion.

@Tola5657 6 ай бұрын

The DNA storage are not competing with hot data but cold .

@Abdul_alHashtag 6 ай бұрын

Combustion engines were a solution to a problem already solved with horses. Same with transistors and vacuum tubes... I'm not saying this company will rule the world with Cathy riding on their back... But this technology could be the start of a new epoch... Let's find out what mankind can do with this new gimmick

@abcdef-lc8ts 6 ай бұрын

Im DCAing in AQ384J as well. ETH heavier DCA and ALGO. Im taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

@jom1828 6 ай бұрын

Please stop NPC

@digimonhyperpl0x 6 ай бұрын

Bot

@SpencerHHO 6 ай бұрын

Scam incoming! Always report these comments.

@tiararoxeanne1318 6 ай бұрын

@@SpencerHHODone

@kingoftrev 6 ай бұрын

How TF does this have 900 likes?

@Brillodesol-ec8qh 6 ай бұрын

Love the AQ384J content. I think this project is just as essential as HBAR and they both will be great movers

@thomp 6 ай бұрын

Scam

@frevazz3364 6 ай бұрын

When you are anointed as something or someone you can fail upwards as Cathie has done. At the end of the day she doesn’t care as it’s other people’s money, she is still making fees.

@grahamjones5400 6 ай бұрын

"Its new and shiny??? 😮 I'll take 10 Million shares!!!😯 YOLO Bruh!" Cathie Wood Investment Strategy

@peterbenko9395 6 ай бұрын

This woman is the stereotype of "failing forward" ...

@grahamjones5400 6 ай бұрын

Yeah, falling into corporate bankruptcy

@St.Maurice 6 ай бұрын

From MSNBC, PUBLISHED 11/30/2023 "Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever." W-S-M I guess they didn't get the memo?

@iampyu 6 ай бұрын

5:41 Frozen DNA retains integrity longer than hard drives. That's one potential use: archiving. SSDs only really last 10 years. I believe the lifespan of flash drives and CDs is around the same (specialty CDs can retain data integrity for 50 years, but I don't know if they're commercially available anymore). Note, they can still work beyond this point, but become less and less reliable as time goes on. Can you imagine if the Ancient Egyptians recorded all their info on things meant to only last 10 years? Even a paper/papyrus book retains data significantly longer than that.

@StephenMortimer 6 ай бұрын

NICE ANALYSIS

@turbyoulance 6 ай бұрын

Why they just didn't invest in OZEMPIC a now $480 Billion company that can't keep up with the demand for their products Novo Nordisk. Cathie Woods has been the biggest Spruce Goose of a CEO in the last 2 years IMHO. I used to thing she was a guru, but not anymore.

@8a-yg1xi 6 ай бұрын

between the two, I think I would still support Amazons AQ384J : technically speaking, years ahead of the competitors,Brand power, easy development, flexible with source languages, quick tx...

@thomp 6 ай бұрын

Scam thread

@TheHuntermj 6 ай бұрын

Help me report all the spam bots!

@sarahlevine776 14 күн бұрын

DNA takes longer to break down than hard drives. If you make multiple copies of the data in DNA and put it in bacteria, then it could last for millions of years. Archivist have been thinking about using it to preserve data, but you're right to say that there isn't really any other practical application for it. They would have to speed up how fast they can process DNA for there to be one.

@danielastoica3354 6 ай бұрын

Please more publicity for your other video about Cathie Wood and Bill Gates. Make it easier to find, for instance put a shortcut in the description. Many thanks and best regards, love your videos

@incremental_failure 6 ай бұрын

"Look, your business model is flawed and there's no way you can reach profitability" - "Nonsense, we are committed to our ESG rating and will continue fighting sexism and ageism". Riiight.

@daveshiroma 6 ай бұрын

DNA based data storage has plenty of potential uses. 1. Personal data storage on a person 2. Identification systems 3. Undetectable data transport and transmission Just to name a few off the top of my head. If we can integrate data into the organism then it can be used for tracking many things. Like encoding genes that might be used in bio weapons to be able to indicate the perpetrator or to provide documentation with the organic matter.

@thehoodedteddy1335 6 ай бұрын

That was actually a plot point in Gundam; Witch from Mercury. Turns out Miorine’s mother left a heartwarming coded message to her in the gene sequence of the tomatoes she developed

@robertbeisert3315 6 ай бұрын

Engineer brain, activate! 1 isn't feasible unless the laws of physics change dramatically. It's just too cumbersome to read and write for what you get out of it. 2 has the same basic problem. There are few scenarios where you can afford to wait hours to days to identify someone. 3 is the best, but it still has the problem that bodies are designed to either destroy foreign DNA or be destroyed by it. I don't know how one encapsulates it to avoid that happening.

@bnwo 6 ай бұрын

There is no way you are an engineer if you think any of those are problems because solving those is literally all an engineer does lol @@robertbeisert3315

@MustardAndFries 6 ай бұрын

All this could be done without DNA data storage

@Uhhhhhhhhhhhhhhhhhhhhhhh520 6 ай бұрын

A couple of points to consider in this video: Regarding your point about the “research associate position” and hiding op costs. Coming from a strong accounting background, they most likely use timesheets which would allow the allocation of payroll costs of said employees. If it’s even material enough, it may be tested by the external/internal auditors. Also, would the stock hype not be in part to the surge of liquidity and bull market produced in 20/21? And when it comes to lawsuits, a lot of the time it is cheaper to settle than go to court. Which may be a reason as to why they settled. And regarding data storage. A 5 year promise may be too tight a deadline, but there are strategic points to consider. 1. Cells self-regulate, potentially cutting maintenance costs significantly. 2. Data warehouses hold a 10 year life span at best, cells have the potential for 20+. With the reduction of space (real estate/construction/ OH costs) and increase of usable life, there is a long-term possibility of dna storage as a competitive option. (Could of course be too many downsides/not achievable though).

@DoctorBiobrain 6 ай бұрын

If you have a strong accounting background you should already know how shady financial statements can be and auditors have been known to allow things they shouldn’t. Sure, they COULD be breaking this stuff out separately, but they’re probably doing exactly what was suggested. I’m an accountant and I definitely think their growing losses are a major red flag that they’re miscategorizing expenses. I was planning to comment on that until it was mentioned in the video.

@Uhhhhhhhhhhhhhhhhhhhhhhh520 6 ай бұрын

I was an auditor of life science companies. Other exps may be hidden, but I’m not certain on the specific labor expense; considering I did specific classification testing of R&D vs Opex labor at a life sciences startup. Of course it could just be missed by the B4 auditors too, or considered currently immaterial.

@DoctorBiobrain 6 ай бұрын

@@Uhhhhhhhhhhhhhhhhhhhhhhh520 Do you imagine every auditor does a good job just because you did? And even if those numbers are accounted for correctly it would suggest that accounting standards are wrong. As he says in the video, the reason investors focus on gross profit is because theoretically it shows how the company could be profitable with enough revenue. But if all costs increase with revenue then there will never be profitability. The purpose of accounting is to give useful information, not just follow the rules.

@Uhhhhhhhhhhhhhhhhhhhhhhh520 6 ай бұрын

I’m not saying they’re perfect, but the argument presented in the video isn’t great, needs more evidence imo.

@Uhhhhhhhhhhhhhhhhhhhhhhh520 6 ай бұрын

Also, external accounting is there to just follow rules, the assumption being GAAP and req. presentation standards provide the necessary framework to deliver info to investors. The MD&A/ other KPIs are more for the investor information specifics. And the assumption that B4 auditors (EY) are wrong, is a weak argument. Could be true, just weak.

@stevengreidinger8295 6 ай бұрын

Robust topline growth, $245M Revenue/yr. Market capitalization: $1.5 Billion Tangible book value: $623 Million. R&D since 2020: $343 Million If you think their R&D up to now not productized is worth only $150 Million, you're buying the existing business for

@UrbanFury12 6 ай бұрын

It wouldn't be bad to start storing data in a way that is more likely to survive a solar storm. Not sure if the DNA storage is a good solution for that or not.

@mlaygo 6 ай бұрын

Not. Think about why solar storms are hazardous to astronauts. The radiation/charged particles is harmful to their DNA, among other biomolecules.

@aesma2522 6 ай бұрын

No it isn't. You need shielding either way.

@thehoodedteddy1335 6 ай бұрын

A golden disk would be more effective

@mrparkerdan 6 ай бұрын

Today’s ARKK investors don’t believe in Cathy woods anymore, they’re just too scared to realize their losses by cashing out. 😒

@ArpanMukhopadhyay93 6 ай бұрын

I cashed out

@avematthew 6 ай бұрын

I don't know what they're doing, but I'm skeptical of your speculation they are misclassifying those research associates. It's easily possible that they are working on things so challenging to synthesize for whatever reason that it requires inventing new techniques or technologies altogether. I don't work in DNA synthesis, so I'm just spittballing, but I imagine plasmids with site-specific methylation or deamidation might be annoying, or stable intermediates for crossing over, or something with fish probes incorporated into it. Is easy to think what they could go that would never be possible to attract someone with the skills to a non-research position.

@stevengreidinger8295 6 ай бұрын

The goal of their data storage R&D isn't to supplant thumb drives. It's to replace archival storage on tapes. You can't reliably store data for even 10 years on a thumb drive but they argue that DNA can last and you could keep thousands of times as much in DNA as in tapes. Hey, it's still wild out there thinking, but there is a use case. That part of their story is a low-probability bet, but possible. Call them and see if it's more than 25% of their R&D budget. If not, it's a distraction but doesn't matter too much.

@Iburn247 6 ай бұрын

She just sold coin yesterday too for 118 a share and it's breaking 130 now

@AlexanderTheGoodEnough 6 ай бұрын

her timing is fantastic, as always.

@samsonsoturian6013 6 ай бұрын

It's a volatike stock due to extreme fraud risks

@saltmerchant749 6 ай бұрын

I mean, that's not exactly a major misstep, virtually everyone has done that.

@azizkash286 6 ай бұрын

When a company says they will revolutionise then run away

@skalman8672 4 ай бұрын

So are we going for a huge short position or what?

@peterashwell-jn9dh 6 ай бұрын

missed the point on dna storage. many companies have a need for "very low cost / tb AND low latency ok" tape drives used for this with typical applications archival style data for banks etc. ultra cheap and reliable sequencing unlocks this potentially profitable storage mechanism.

@velocirapture89 6 ай бұрын

The problem is it's not cheap, and you're right, tape storage already handles that very well.

@amandeezy8991 6 ай бұрын

DUH! The science is in its infancy, genius. @@velocirapture89

@mx338 6 ай бұрын

The companies technology doesn't seem bad, but it should have been treated as a small biotech research startup with reasonable funding and a lower 8 digit valuation, instead of the next huge multi-billion dollar industry disrupter.

@DawryMike 6 ай бұрын

Cathie "No Profit" Wood

@St.Maurice 6 ай бұрын

ArkK up 46% Year To date. Your Wood has termites.

@DawryMike 6 ай бұрын

@@St.Maurice Tesla*

@St.Maurice 6 ай бұрын

@@DawryMikeArk K is up 129% since it’s IPO. “No Profit”? 😂

@DawryMike 6 ай бұрын

@@St.Maurice High valuation =/= profitability genius

@St.Maurice 6 ай бұрын

@@DawryMike “Cathie Wood’s flagship ETF - the ARK Innovation Fund - performed better in January than in any other month since it launched in 2014.” Let’s see your returns Mike.

@somethingsomethingsomethingdar 6 ай бұрын

I see the investobots are out in force as usual. Why would anyone invest in some BS in a KZfaq comment section?

@paulblack8887 6 ай бұрын

I love acronyms and number sequences with various words innovating a new paradigm around them. AI. Also Elon Musk said something at some point

@moonbtc3875 6 ай бұрын

Very entertaining

@MinhVu-in9iz 6 ай бұрын

Shocker, nut job Cathie only got lucky with Tesla!!

@tapasbhattacharjee3426 5 ай бұрын

Thanks for the video. I’m very surprised why media gives so much attention to people like Cathy Woods. She’s like an immature kid and people shouldn’t even entertain her for serious business.

@SanalMafya31-zy6sf 6 ай бұрын

I purchased $5000 AQ384J I am on the train too

@ZoTrAcK 6 ай бұрын

Cathie is either very unlucky or the worst financial manager we've seen in recent times.

@youtubetim3577 6 ай бұрын

What hasn't plunged 90% in value? Even zim that ipo at 10 bucks ans went to 90 bucks and paid out over 30 dollars in divies and is market cap of 700 million with over 2 billion In cash has plunged to 6 bucks. Price action can't be judge in this market.

@alr9967 6 ай бұрын

“ But if I’m right if I’m right if I’m right…. the gains will be enormous” She said that on CNBC in one of her many appearances The woman is a boiler room huckster masquerading as a wise money manager

@liptongtr 6 ай бұрын

I always get nervous when I see a headline with Cathie Woods supporting something Im about to do financially because shes pretty much always wrong. Not sure how she still has a job.

@user-kx8sf3zf2o 6 ай бұрын

One word re the groundbreaking technique of micro amounts of test and analysis material: Theranos

@grantguy8933 6 ай бұрын

Wood is crazy at least.

@Lousy_Bastard 6 ай бұрын

Wow a million bots in this comment section.

@AP-yt4oo 6 ай бұрын

pulled out of ARK funds, had to take some losses at the time but I sleep better now

@kendi1417 6 ай бұрын

Cathy will miss your $10.

@ingenieroriquelmecagardomo4067 6 ай бұрын

Cant wait to plug in my usb full of dna to enjoy my data!!

@dirtydan6098 6 ай бұрын

I’d like your sisters data

@DimeDoppler 6 ай бұрын

I guess people have in the comments have never heard of asset allocation 😅 Her ETFs arent for everyone and arent meant for ppl to be all in on them. You only suppose a slim (no more than 10%) allocated to ARK. I'm not defending her but you're always going to hear these things about new growth companies. They're bad companies until they're not. Some make some dont she is more on the VC side, high risk high reward.

@NoBellTrading 3 ай бұрын

Tell me you know nothing about the sciences without telling me you know absolutely nothing about the sciences. That is this video. Lol.

@LenoYeni-bi1hg 6 ай бұрын

Hopefully AQ384J will do good.. have alil over 10million AQ384J coins

@aesma2522 6 ай бұрын

DNA means living stuff. Storing something in DNA, to me, would mean storing that data in my body, so changing my DNA for it to include data, say important stuff. I'm not sure I would take the risk that it goes wrong. Also it would need a lot of error correction bits/algorithms. And criminals would just need to get some cells from you to get the data, so you would still need to encrypt it with good passwords, losing some usefulness (the data would be useless to your family if you died, if they didn't have the key).

@kendi1417 6 ай бұрын

You literally are arguing against something your just made up.

@aesma2522 6 ай бұрын

@@kendi1417 Talking about DNA without talking about what DNA is, aka life's way of storing genetic data, is a bit strange.

@kenneth8873 6 ай бұрын

So they take the supposed diversification and zero emotion advantage of ETF’s and concentrate risk into sectors they think will make money 👍 way to con the layman into thinking ETF’s are less risky

@scrambledganglia6946 6 ай бұрын

Every great advance announcement by a company triggers a film clip in my brain. A clip that has a snake oil salesman working a naive crowd.

@Singularity24601 6 ай бұрын

Wow, most of this comment section is flooded with cryptocoin scam bots with randomly-generated usernames, even though the video is about a totally different topic.

@CammmiloRojasTv-yf5tw 6 ай бұрын

Thats the real kicker, eh? AQ384J goes to a million, my personal wealth doubles.

@user-gb3px7gu5s 6 ай бұрын

What side are you on as AQ384J divides the wealthy from the poor?

@spankyx8606 6 ай бұрын

" no real world use for reducing storage space from a thumb drive to a strand of dna" Ia this satire? Take a leisurely afternoon stroll around a server farm one day. Maybe play some cricket on their Olympic size field

@spankyx8606 6 ай бұрын

Maybe have a nice schvitz in the sauna next to the raids

@graymars1097 6 ай бұрын

5:03 "now preserved in DNA" 😂 dude DNA is the worst persevation method, compared to say, engraving the text into a tablet made of solid rock 😂

@chiquita683 6 ай бұрын

Like SBF

@sebo68 6 ай бұрын

Scientists think that DNA can be used for long term data storage, long term meaning > 100 years. Long term data storage is something that has NOT been solved by now. But Billions within 5 years ... that's ... optimistic

@YevgeniyShcherbakov 6 ай бұрын

Like that movie scene from Wolf of Wall Street brokers are the ones making money for themselves

@davidallen8611 6 ай бұрын

Ahhhh the 2020’s……when everything was going up and up

@SH-ly1uy 6 ай бұрын

I love it when these bullshitters get caught with their pants down. But hey, don’t look at the financials. Look at the ESG report

@rwoodward8839 6 ай бұрын

At least they are not trying to capitalize their expenses. Jail is a good deterrent.

@naamadossantossilva4736 6 ай бұрын

Do you really trust their financials?

@rwoodward8839 6 ай бұрын

Nope. @@naamadossantossilva4736

@uFFFO 6 ай бұрын

DNA data storage seems about as useful and accessible as a physical hard drive moon storage. In either case you save space on the earth...

@robertbeisert3315 6 ай бұрын

$22M is not massive to corporations

@MatthewMS. 29 күн бұрын

It’s a shame. If Cathie just simply started to short all new positions, she could be a living legend bear fund manager.

@mysideacc2770 6 ай бұрын

bro they're trying to recreate assassin's creed in the real world

@user-uh1bp2wr9t 6 ай бұрын

Cathie woods is a gambler.

@shawnconway6009 6 ай бұрын

Woods is like a lottery winner who thinks they're actually a financial wizard.

@thomas.02 6 ай бұрын

A company that has good gross profit but a lot of R&D expenses is “aggressively investing in growth” to increase revenues and profits, thus should deserve a high share price; A company that has little or no gross profit is just a money losing company nobody in their right minds should invest in

@antoniofernandesmarchetti1097 6 ай бұрын

It's Just me or some cryptobros are trying to sell something on the comments?

@user-ep6nm7lp1r 6 ай бұрын

I am seeing AQ384J everywhere can you make a video for these ico projects especially AQ384J .

@p.d.stanhope7088 6 ай бұрын

"Bitcoin will be worth $1.48 million by 2030." - Cathie Woods 🤣🤣🤣

@teniente_snafu 6 ай бұрын

"Biotech" was 10 years ago what "AI" is today.

@rayoflight62 6 ай бұрын

After Theranos, FTX et al. shortly will be the turn of the hydrogen economy and battery powered vehicles. The H2 economy has a negative energy efficiency no matter what side you look at it, and we need to increase global lithium extraction 700 (seven hundreds) times if we want replace all ICE cars with EVs. And this doesn't work for big trucks used for hauling merchandise across countries. It is unavoidable that any financial investment in these two sectors of technology is going to flounder in short order...