Cathie Wood on recent correction: "Nothing has changed for us"

We were hit with a bout of volatility...  Nothing has changed for us...  If we use our 5-year price targets, instead of expecting a 15% compounded annual rate of return - no promises here, compliance will be happy that I say that - instead of 15%, which is where we were at the peak in February, we now believe that our portfolios will deliver closer to 25% compound annual rate of return.  Again, no promises, but all  I'm saying is the bout of volatility did not change our price targets.  They gave us a great opportunity to concentrate towards our highest conviction names.

~ Cathie Wood, Bloomberg interview, 1:30 mark, April 14, 2021