This warning is different from the warnings where investor commonly heard in the market.
Catherine Wood, the Goddess of Stocks gave a speech in Riyadh of Saudi Arabia on 28th October 2025. It is the 9th meeting of Future Investment Initiative from 27th to 31st October. It is a global meeting that has 9,000 delegates. The theme of this year is The Key to Prosperity : Unlocking New frontiers of Growth.
What Catherine warns is not the long-awaited adjustment, it is nothing but a common occurrence. No need to specially point out by the Goddess of Stocks. What she warns is the second stage of AI, which is turning from talking about future to entering into reality. Application will replace theory. No need to talk about future but talking how to use AI right now. Why her speech is so important? For once she forecasted NVDA will be the next AAPL. Now, it came true, 4 and 5 Trillion market capitalization has passed, 6 and 7 are coming.
That is AI is going into Stage II, it will have a shuffling of cards, and the stocks may be greatly re-arranged. AI is not a bubble, don’t worry. But will enter into reality to affect the financial field by trading platforms like COIN, and data using like PLTR and Biotechnology like CRSP. The writer would like to disclose that my largest holding is PLTR, nearly 60% of total stock investment and then TEM comes second. Now because of buying others, PLTR would go down to 50% as a target. The ranking of Cathy Wood should be COIN comes first, PLTR second and CRSP the third. But if she changes her mind, it is impossible to knock on your door one by one before the transactions. Anyway, what she warns is there should be a change in positions of stocks. The trend of AI still will continue, there is no symptom of collapse or bubble, but we need to cope with reality.
We need to prepare for the next stage, not next trend, it is still AI, but Stage II, just like second half of a soccer match.
What Cathy Wood means is that AI will also enter into financial market through digital platforms instead of trading hall in Wall Street. The trading platform of crypto also runs for 24 hours a day, 7 days a week and 365 days a year. So, we cannot neglect them. And in the future, it may also extend to the Moon and Mars, its no joking at all. It will come true soon. Astronauts still can have their investment on Mars, they can still use remote control to place their orders on earth.
However, this week, the most important thing is the Pay and Performance Scheme vote of Elon Musk, some people said the chance of passing is nearly 70%, but some still worry over corporate objections. If it is rejected, the fall of TSLA will be more than 10% and some even worry would bring the market into great adjustment or even bear market. So, some people asked is it worthy to buy before the voting? It depends on your age and fund. If you age is 60+, do not try any risk, keep your pension fund for future usage. If you are younger, the greatest asset you have is the age of youth, even if you face a great crash and surely can recover one day. You are able to take such a risk freely when you have sufficient free money.
The second important factor is the result announcement of PLTR. Basically, the fundamentals of the market are still quite good, a stead and firm market is looking forward.