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Wood Says $3,000 Is Ark’s Base Case for Tesla Shares

Bloomberg Businessweek

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Is the Moon Shot?

We are, we think one of the most interesting opportunities out there that is in the value space. The returns on their r an d investment in the last 20 years have dropped from 20% to seven%. We believe with especially artificial intelligence trial failures, will a reduce, there will be a reduction by at least 25 %. Could be a lot more. And so we could go back to the golden age.

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