Cathie Wood's Post-Election Insights

[@artphotoca]

All of this should happen in the long term. In the short term, socio-economical and geopolitical issues will take precedence and dominate.

[@nassera.4240]

In 2021 and 2022, Cathie did not want the FED to raise Interest Rates because she thought inflation would go away by itself and rising rates would cause deflation 2022 and 2023. As a bag holder of her ETF, I learned a lesson not to fall into such ideas of innovation. Many of the “innovative” companies in her ETFs went bankrupt.

[@HevaNaisdey]

All of her picks are trashes

[@visionarystar8957]

Yea covid was terrible

[@gltate2833]

She’s very focused on financial manipulation for growth. Totally misses the drive towards REAL VALUE very risky betting!😊

[@visionarystar8957]

@gltate2833 this industry is built on taking risk. she's just thinking for the 2030 vision but you must know who the big players are 5 years b4

[@DesroQc]

@@visionarystar8957 You are clueless...

[@waldenharvey1278]

Why do people follow Cathie Woods isn’t she wrong almost all the time?

[@sheldongardner3150]

She has a following of average investors who are bias towards certain stocks. When stock picking it is best to have a mentor who has a feel for sentiment and positioning of both institutional and individual investors.

[@richarddamien4654]

I’d rather go with the etfs on a rather popular index. Why would one want to pick individual stocks when just a stock can ruin your whole portfolio?

[@bozenapearcy6366]

You’d be surprised to learn that 13 stocks Cathie Woods picked this year have outperformed the S&P

[@zaree7040]

I agree. But it is good to have a balance depending on indicators. I am a private investor with a wealth planner and fixed-income strategist in NY that worked with Cathie when ARK started. She has taught me a lot and will go on to tell me why she always feels the need to hedge against the non-negligible risk that something breaks lol.

[@tammystut]

Who is this person you are talking about? Cathie?

[@kathybeckman9431]

We really enjoy the two minute updates you do. We like to keep up with the news but do not have time to spend 30 minutes hearing updates. Appreciate the two minute format. Great for your listeners.

[@akirasuzuki8378]

Cathie Wood is the fund manager who lost most money in percentage for investors. Don't believe a ward of what Cathie says. Cathie failed to understand there is a big difference between great product vs great company. Millions of great products never make profit. Don't buy whatever she is selling.

[@ChristianChua]

I read so many negative comments about her, yet people still listen. I take it that, while she has made mistakes, it is still free information and opinions from her; hear them and make your own decision. I don't believe she got everything wrong in this video.

[@untyrhallsprung569]

I think she is overly bullish but that only requires a recalibration of the weights I put on her arguments (in NN node sense). Fundamentally her arguments are sound, though weight them yourself and come to your own conclusions. Also a once in a century event like covid isn't precisely predictable, so can't be factored in. FYI I don't hold any of her ETFs but listening to her is worthwhile.

[@will2461-j2n]

She has good ideas but terrible execution. She has some dumb rule about selling winners and buying losers. If Tesla starts pumping hold the F on, dont dump because its over weighted thats regarded.

[@kenjkbs]

people are here to bash her due to poor performance of ARKK over the years, not to "listen" to her.

[@hugh3257]

A lot of us have lost faith in our health care. Instead of curing us the medical specialists are simply treating the symptoms

[@TieitAndFlyit]

Im hoping the rotation from big pharma to newer midcap biotech happens sooner rather than later. ARKG in 5 years 📈

[@meowo1274]

I initially left pharma because I realised that the food industry is poisoning us and pharma benefits from the disease. Now that RFK is gutting those scam artists, I may return to the sector

[@donho526]

Hippocrates quotation “Let food be thy medicine" has never been more important in this "meat" for every meal world.

[@notallthosewhowanderarelos7052]

​@@donho526steak is healthy, pork chicken no good and processed food like cheese and ham are bad for your health.

[@janremus1539]

Conspiracy theories about Moderna used the new tech and were firmly rejected by MAGA.

[@2chicos]

She sounds very smart and gives a good pitch for a strong Trump economy. She compares the current deficit/debt problem to that of Reagan, and claimed Reagan/Bush improved it -- but that's simply not true. Both Reagan and BUsh increased the deficit -- it didn't come down until Clinton became President.

[@paulcoenen7918]

Yes it came down because of thier policies take affect. Why you Dems always have to steel credit for anything good that happens? 😊

[@SIMARJEETMEHTA]

Cathie clearly says Clinton moved it in to a surplus. If Trump lowers taxes the deficit will increase. That's just math.

[@2chicos]

@@SIMARJEETMEHTA Unless the tax reduction is offset by spending cuts -- which is unlikely.

[@tom4wlt]

US national debt has never gone down under any president. The yearly budget deficit came down under Clinton due to the Republican-control Congress.

[@indivisibleman8596]

Reagan added 900 billion to the national debt and crashed the stock market

[@charlesfeng2928]

It is about the time this legacy medical system from the 60-70s to be revolutionized.... I am certainly hoping to benefit from it...

[@rickkopitzke7682]

ahh... "Concepts of a plan"

[@1voluntaryist]

RE loan rates were 21% in 1980. It was highest inflation ever. caused by the Fed, then reduced by the Fed raising interest rate to 15%. This was a correction much needed, NOT a problem, a solution.

[@georgecouch9118]

I value this input. She puts out info, consume it and make your own decisions. I’m thankful what she shares.

[@relaxgood5214]

I do not hear anyone talking about how possible political instability and even a constitutional crisis may affect the economy and markets in general. Anyone have thoughts about it?

[@angye7267]

Lot of things to learning from sir, great learning!

[@brandonhooper7748]

anyone have the latest performance on k w funds?

[@홍사랑-d3q]

According to Hiper cycle, We have just went thru the peak of infated expectations in 2020 maybe, passing disillusionment in 2022 , and now we are on the slope of enlightenment all the way to 2050 and more.

[@knt3219]

Don’t Listen To Her. Sincerely❤❤❤, KNT.

[@xDooksx]

Why not?

[@TheSnoopy1750]

@@xDooksx Because of her crummy track record over the past 3 years.

[@jesabraham3381]

She needs to do less KZbin videos and spend more time focusing on making her funds outperform the S&P 500 index

[@nikkokp]

most of the youtube videos are not her…. she comes on once a month and i appreciate the transparency.

[@jesabraham3381]

@nikkokp she comes more than once a month. This month alone she did an "in the know" episode and now this.

[@TB1M1]

My dog can do a better job at that and he doesn't even understand stock picking.

[@tvtv-s2j]

Amazing insight from Cathie. Golden age for American businesses

[@SejalPatelDrSej]

Surprised she supports acquisition of breakthrough technologies by monopolistic conglomerates

[@tonysoprano1454]

I couldn't believe what I was hearing

[@ezra6749]

She probably wants the world ruled by 3 or 4 monopolies. It's already happening.

[@ruster65]

These people make their money from mergers & acquisitions. They are happy now.

[@jackieburkett5143]

She just sounds biased at this point.

[@smashtoshismackamoto4746]

Are you?

[@MG-wp8rw]

Thank you this is amazing research and sharing this with everyone!

[@DiO-fy5ex]

Ummmm Cathie the conservative growth miracle that started going exponential in the 80's under Reagan was actually the annual deficits and total debt. To any of you readers out there if you look at the national debt and capital markets. The lower the cap gains, the higher the stock market and national debt.

[@dangold2595]

Excellent vidio , Cathie is spot on with what she is saying, I have been investing for 40 yrs and there aren’t many people out there as informed as Cathie Woods .😊

[@jingmu1289]

Love your analysis! Thank you Cathie!

[@Fancyman181]

People in the comments don’t understand, it’s nice to hear opinions and conversations, even if we don’t agree or know it’s wrong.

[@equiknox14]

How about shrinking the defense budget?

[@Agent77X]

Entitlement needs to cut big time! China has increased their military budget by 800% from 2018 to now!😂

[@tomasGerardoRomeo]

@@Agent77X Entitlements need to be managed better. Had I invested my social security, privately, since 18 years of age, instead of letting it sit with the federal government, I would have double the monthly payouts at any age, on applying for benefits, receiving the lump sum and putting it into an immediate annuity. @equiknox14 I agree that military budget needs to be trimmed and other gov't programs need to be trimmed as well. I think the world overall is less ready to go to war since globalization, this due to the fact that no one who has a thriving business really wants to kill their best customers and sacrifice their revenue. Just my humble opinion.

[@bouncingBrain]

@@Agent77X That's because China's GDP grew a lot since 2018. The US military is much higher by amount and by percentahe of GDP.

[@ytechnology]

@@Agent77X US Military budget (~$900B) is larger than the next 10 countries combined. China is next at ~300B. Russia: ~$109B. And the US Pentagon failed its audits, and cannot account for 50% of their budget.

[@Dancelovecommunity]

What about bacteriophage therapies for antibiotic resistant infections? Any companies?

[@cr8zymichael]

Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow ♻️

[@CierraMetzga]

Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.

[@happyferet69]

​@@CierraMetzgaexactly that's why I always seek Mr J Clark's guidance in all I do 😊

[@TammyLapalme]

I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?

[@semendx]

Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.

[@AseoLimpieza]

From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@augustoliver2779]

Yeah, the 80s was not good for the country. It lead to the 90s outsourcing abroad and we have now had wage stagnation for 40 years.

[@ptw2408]

Look up agenda 2030. Things like this were/are planned. It’s beneficial financially to know about.

[@Vix381]

But it was great for the market

[@smashtoshismackamoto4746]

All started and supported by Republicans and their reckless Capitalism at all costs mentality.

[@dw8588]

They aren't short innovation. They are short ARKK.

[@MARTINA-gc3tq]

Do you invest in your own funds?

[@bakabon373]

Finally your time, our time is here! Thank you for staying strong and thank you for always sharing the wisdom:)

[@gwendymolly5953]

A lot of news have been going on about a rally after the election, urging investors to watch out for stocks that would be experiencing significant growth. Any idea which stocks to put on my watchlist?

[@kee886]

Very informative - Thank you - Decentralized Science will also have transformative power to cure rare diseases

[@vincent-in-berlin]

Thank you Cathie. Always refreshing to hear a sane voice in this tumultuous world. I wish you well. 😊

[@KyleOverman-xm3hn]

The most interesting part of healthcare is that we don’t work from the bottom up. Healthy soil, healthy farms, subsidizes for small farmers. It all starts there. Disease ‘cures’ are not answers. They are helpful but true health comes from a healthy ecosystem and getting rid of sugar subsidies.

[@Sashapov-h7b]

What I don’t understand is, on one hand we are told the stock market will crash and yet on the other we are told ways of investing in the stock market. Oxymoron or paradox? I'm considering investing over 150k, but I'm uncertain about risk mitigation strategies.

[@TheBurningpaul]

Please use mono in the audio as recommended by MKBHD on his vidéo to help Podcasters.

[@nelsonortiz2768]

Thank you so much for the information I highly value your thoughts

[@redjack9742]

Thank you Cathy very informative and useful video

[@venkatn2488]

A lot of your predictions failed. Looking at 5 year return on your funds are pathetic! Not sure if you are timing is wrong

[@nigelsmith186]

The only ones who lost out are those weak hands that just wanted a quick buck and who bailed out at the first signs of lower prices. Those who stay for the long game will be very well rewarded.

[@jesabraham3381]

​@@nigelsmith186not sure what you are talking about about. Cathie Wood's ARK funds have been under performing the S&P 500 index consistently for the past 5 years and 10 years.

[@RonZe-qj2qx]

Let’s face it. It has been three years that she says five years and the five years still hasn’t changed a day. Everything went exceptARKK

[@sukhmaidickoff]

@@nigelsmith186 Hahahaha....you´re actually quite funny

[@spenser6353]

@@nigelsmith186her fund has been getting crushed since 2022.

[@pc7225]

fire your contractor, whoever did your walls, did a poor job. Very helpful insight and thank you for that. ❤

[@mohammadsajedi5019]

Thank you for such a detailed lecture of future roles of AI especially on health care .👍

[@alui5362]

keep sharing, we're quietly paying attention

[@davidluong5651]

Thanks to Cathie and Ark, introduced me to TEM and their hard core conviction lately. Took a chance and followed their big moves and up huge HUGE the past few days. Thanks ARK!

[@LIZSORIA]

Thank you for your insight. I'm Gen X too.🎉

[@FrankiSoto]

Great insight as always, thank you.

[@ericdelevinquiere9902]

For sure the government needs a reset and rebuild, glad we are finally coming to an inflection point where this could be possible!

[@CarltonRoyH0000]

Wood is often vocal about the importance of light-touch regulation for disruptive technologies,Understanding Cathie Wood's post-election insights and how they relate to market trends, disruptive technologies, and economic policies can be highly beneficial for financial advisors.

[@krimdelko]

Social Seurity, Medicare and defense are most of budget spending. How can this be cut?

[@SIMARJEETMEHTA]

It can't. Besides, we paid in to Social Security so it's our own money coming back to us. If we invested even a fraction on in the Stock market we'd be much richer. So stop grudging it.

[@PeacePrevails1975]

Yes deja vu indeed, having been regular listener n fan in 2020 and gave a big hit to my portfolio!!

[@AS-cd5wf]

greatly appreciated content Cathie!

[@louisaparker]

The ARKK ETF finally had some upward movement. Let's see how long it lasts. :)

[@alexgarcia3900]

😂😂😂😂

[@BlazingShackles]

so you're excited about a 4% gain this year. wow you demand so much. my holdings are up 140%.

[@George-f8h]

@@BlazingShackles Your total return of your portfolio for the last 12 months is 140%?

[@jlgpianokeys]

@@alexgarcia3900says the idiot that put the majority of his holdings in at the top of her last massive run up in the stock.

[@alexgarcia3900]

@@jlgpianokeys ????? I've never bought ark before in my life.

[@federicodeangelis97]

Always super interesting Cathie thanks

[@keith_ouyang]

Thank you for your sharing, Cathie.

[@yomajo]

talking her book above democracy or consumer rights.

[@AnthonyEitnier]

Too much assumption, too much hope-based prediction.

[@jasonk125]

Cathy needs to put down the pipe. Musk shrinks the government now, ... instant recession. He even said there will be pain in the near term.

[@FullRevive7]

especially the assumption that foreign capital will flood into the US and float the dollar unimpeded, reducing inflation. we all know that isn’t happening. tariffs alone would prevent that from happening on multiple fronts. the more likely scenario is we get counter-tariffed, get in a trade war, inflation remains sticky but manageable, unemployment remains sticky but manageable, and businesses that rely on imports/exports absorb the brunt of the damage in corporate earnings crashes, and probably will either have to get bailed out or bought out by bigger businesses that can suffer the attrition.

[@TB1M1]

Too much comparing to the past where you cannot compare.

[@tomloggia]

Thank you for your insights!

[@MightyTor]

Very well out together

[@최동렬-q1d]

Thank You, Cathie!

[@shanehummus8931]

I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?

[@thebadasseryfactory]

buy the dip

[@jeffgrosse-f4v]

Don't

[@r.l.rachel740]

Interesting and I hope it works, However: 1) Lower Taxes: How or Who will pay to reduce / eliminate the country’s AND individual state’s unfathomable national individual states debts PLUS all the unfunded Gov’t liabilities ? Ie: Gov’t employee pensions The growth answer does not cut it. 2). Increased productivity: Robotics, automation, AI ect.. will create productivity offset by a significant loss of middle class incomes. 3). Lower interest rates: Inability to keep our global promises reduces global trust in the US dollar and reduces the ability to lower interest rates to fund our never ending yearly deficits, national & state debts and unfunded liabilities. Just my opinion.

[@k8tgooch224]

Thanks Cathy. Exciting times ahead. ❤❤

[@pieguy49]

cringe.

[@1955Chevy]

ARKK has been struggling, but there's already been a nice rise since Trump won the election. Let's hope it gets back to pre-Biden levels since it was doing very well back then. As for ARKX, this "Space" related sector, Cathie has been making all the right choices in this portfolio. I'm loving ARKX 👍👍👍

[@AbsShj]

What a biased word salad!

[@fareshajjar1208]

Are you sad that lobbyists will no longer be able to control the medical lives of Americans?

[@ThinkingMonk000]

Some absolutely great insights! Thank you Cathie, always something good to learn from you. Love from India 🙏😊

[@davidbishop4663]

I’ve never seen a better, positive explanation for eating ALLyour seed corn. Big fan and investor in ARK but this doesn’t fly.

[@zzhughesd]

Thanks. I’ll turn the video off. I had that idea from the intro. I do think we’ll have a better chance of growth than slump now. But all this manipulation we’re 15/16 years overdue a necessary recession. A real one !!!!

[@robferrara969]

Fintech revolution you said. I agree. so why would you sell all of your SOFI? best macro in 3 years for sofi

[@BlazingShackles]

exactly, she doesnt know what shes doing and the performance shows.

[@FullRevive7]

meh. i use sofi. but the stock looks meh.

[@BlazingShackles]

@@FullRevive7 wheat does "meh" mean?

[@FullRevive7]

@@BlazingShackles means nothing exciting or special. average. boring. not showing much potential.

[@BlazingShackles]

@@FullRevive7 OK in other words you dont have a clue. Will you keep saying "meh" when its $20? How about $30? I bought at $7 so, no, it aint "meh".

[@basketballlegendserg]

Thank you Cathie !!!! ❤❤❤❤ ignore the haters

[@wilcoxhogan4]

Her predictions are often off, but she usually has some insights behind them that is interesting. I also like her optimism, even if you have to take it with a grain of salt.

[@CortezLabs]

Thank you

[@KevinTrickKnee]

RKLB ?

[@kenjkbs]

over the last five years, the average return of ARKK is meager 13 percent! compare that to passive etf like VOO's (vanguard's index fund tracking S&P 500) 90 percent. not only that, ARKK charges 0.75 percent for fees whereas VOO only charges 0.03 percent. Go figure which one is better.

[@DreOnTesla]

I’m so READY!!

[@rof8200]

Thank you for your insightful comments

[@MonikaHeredi]

We think that you are right but we loose a lots of money becouse we beleved in inovation. I remember when you said that sell 20% then had to sell everything and go short. Our company nearly banckroupt. We keep our shares but we have a little hope to get buck our money.

[@c.o.l.ek500]

I'm ecstatic with the outcome of the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with a 100K right now? My goal is to position myself for a prosperous Q1 in 2025.

[@amychengshen9928]

encouraging , inspired & exciting

[@francoisgs1]

Am on the right side of changes but it has to be done with ethics, respect, honesty, …and those in charge should fully reveal their financial status and should after office show no major drastic gains because of there internal information

[@eminalopatyuk6812]

Thank you, Cathy, for your insightful analysis. Tax cuts, interest rates lowering, AI boosting; we might see a very strong economy growth.

[@jackgoldman1]

ARKK, $54 in 2020, $54 in 2024. What is the point? Zero gain for four years. Why the tragically bad track record?

[@FredPiroumian]

Tough gig right ??

[@danielstapler4315]

She has 5 year horizon not a 4 year horizon. Enough with the short termism.

[@MrAdmin00]

ARKK is the first US stock I bought. The entry price is at $40.29 on 1 Feb 23 and sold at $44.54 on 21 Jun 23. That's a $2550 profit for the experiment trading of US market. We use to buy the dip and sell at high. Do you understand for this Mr. Genius?

[@robertasorride]

🙏🙏🙏🙏🙏🙏 Thank You so so much Cathy and Ark Invest, blessings to all of You and to all of your families, friends and clients ❤.

[@goorackerelite]

she just got lucky during COVID and been total crapshoot ever since... why does anyone listen to her?

[@guyredares]

because she is well spoken

[@smashtoshismackamoto4746]

@@guyredares Yes, but Psychotic. FYI... The Earth is NOT 6000 yrs old.

[@Prayforthesufferingchildren]

I want to invest in Arks Fintech ETF but the PEs on those top ten holdings are :O

[@billywilliam7747]

Cathie Wood is very positive - technology driven person ❤❤. Thankful and blessed to have her.

[@mwright8533]

Thank you 😊

[@charlesfeng2928]

Very timely video, right before $ARKG breaking the down trend line (200 EMA) today. Can't help but wonder if all the hater comments serve as a contrarian indicator for the ETF and biotech sector in general, the next couple years will most likely be more exciting than the last two.

[@Frankweily]

I'm ecstatic with the election and the year-end market surge. Which hidden jewels in the upcoming bull run would you buy with 100 grand right now? My goal is to position myself for a prosperous Q1 in 2025.

[@littlebitmckee8234]

I love you ❤❤❤❤. That is why I chose ARKB

[@VeritatemQuaere]

Thank you Reganomics. That’s the reason for our 37 Trillion debt and corruption. Hey let’s totally dismantle the middle class this round. I mean if people can now buy cabinet positions, do “we the people” have a chance?

[@mvrz6]

ARK ETFs are 💩

[@Andre_Beth]

Let me guess, just 5 more years!

[@tsm7964]

Europe puts tariffs on lots of American goods including cars. Reciprocal tariffs seems right.

[@freedomconcatenations8411]

Excellent content. Thank you!

[@Advermvp]

If what youre saying happens... A sub 5% bond yield makes absolutely no sense.

[@CryptologyKH]

Love her explanation

[@eaglebeing6722]

Look forward to this amazing revolution with u Cathie!

[@ticonderogamedium]

Honest question, doesn’t market driven philosophy’s drive the healthcare view of not curing rare diseases because it is not profitable? Are you saying AI solves this without investment or low investment?

[@abcdef-un5by]

ARK returns are also deflationary 🤣

[@rollincampbell1]

Thank you!

[@WillN2Go1]

Transferring wealth, especially to the very wealthy and corporations by lowering their tax rates, and lowering interest rates, will of course increase equity investments. What else is this class going to do with money they don't really need? What's happened since Reagan is an over concentration of wealth, consolidation of businesses (which raises prices to consumers who in the end have to pay off the loans that make these mergers possible.) It's a political and economic choice. Reagan didn't 'grow us out of the deficit.' Laffer curves have been debunked. Clinton balanced the federal budget and began to rapidly pay down the debt and deliver surpluses because he reversed most of the Reagan tax cuts for the rich and corporations. The 1990s, in part because of Clinton's policies, but I'm not going to folllow the fallacies of the Republicans and claim all good comes from my party and all evil comes from the other one. The running taunt of the Republican Party was to accuse Democrats of being "Tax and spend liberals," (ballooning the National Debt.) They had to stop doing this after the Bush II administration, not just attacking Afghanistan over the 9/11 terrorism, but occupying the country. Irresponsibly keeping it 'off the books,' to hide the increase in the deficit. His administration also started the Invasion of Iraq on completely, and knowably, false pretexts. They kept this war and occupation off the books as well. He also reversed the Clinton tax raises with an even bigger tax cut to the top classes. (All of these Republican tax cuts throw pennies to the middle class.) This massively ballooned the Federal deficit and National Debt. This then ended the taunt of 'Tax and Spend Democrats,' because whatever the Democrats did paled in comparison. And Clinton ballanced the budget and began to rapidly pay down the National Debt. Trump did the same thing as Bush, and is promising to do even more of it. I figured this out this transfer of wealth to the top 5% and got my piece of it. Doesn't make it good for America. We have always been strongest when the middle and working classes do well. They don't sit on their money, they buy houses and farms, and put it back into the economy where it creates even more wealth. (What would you do if as just happened to my fellow investor friend, whose net worth went up a half million bucks last week? He bought a new rain jacket, but said he's going to wait to buy a new bicycle. ) And there is no magical Republican Administration tech advances. And the first issue whenever any tariff is suggested should be to remember that tariffs were one of the causes of WWII. I'm thrilled my Tesla stock is rapidly rising, but what is going to happen to Tesla's most efficient factory in Shanghai when the new Trump Administration imposes tariffs on Chinese products? I'm enjoying this rise but I don't think it's based on anything except temporary exuberance. In the end, Tesla will be the most valuable company in the world, because of what it does. Not because of a political change that really doesn't change anything for Tesla. (Tesla did not in any way suffer because of the Biden Administration. They did move out of California to Texas for less regulations, but I think it was as much for fewer delays on building projects.) Deregulating Crypto will hasten its inevitable collapse. What does it actually do? Hey I've got a competitor for Venmo, it takes ten times the effort to spend, is extremely volatile, and based on....