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The listening exercises in Business Spotlight Plus (p.15) are based on the article “The profit prophet” (Names & News, p. 9). Here, we provide you with the audio file and transcript.
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The profit prophet
Star investor Cathie Wood has finally found her people — or they have found her. “I listened to her, and I was like... (ifml.)Meine Reaktion war...I was like: ‘That’s how I think,’” 30-year-old investor Casey Flores told The New York Times. Like many other amateur traders, he follows Wood’s trades closely. Known for her fearlessness and commitment(Selbst-)Verpflichtungcommitment to transparency, Wood is one of the most influential investors working today. Ark Invest, the company she started in 2014, communicates with investors through a stream of podcasts, white paperWeißbuch, Publikationwhite papers, newsletters and YouTube videos. Another reason for her popularity is that she has often been right about future trading developments. In 2018, she confidently listed the reasons why electric carmaker Tesla would be a success.