Great call by you. The thing that's really disconcerting
about Cathie Wood and her ARK funds is that she's stubborn to a
"T", arrogant and rarely if ever admits to being wrong, That's a
bad combination for a major fund manager.
In a recent interview she got defensive and actually claimed she
was running a deep "value" fund: "Give us five years, we're running
a deep value portfolio". I wonder if a similar disclaimer is
included in the ARK prospectuses? Most of her funds are
already down 50% from their highs and the bear market is just
getting under way.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Great call by you. The
Looking at ARKK under 60$ made me think of a ...
Posted by RichieD on 24th of Feb 2022 at 07:49 am
Great call by you. The thing that's really disconcerting about Cathie Wood and her ARK funds is that she's stubborn to a "T", arrogant and rarely if ever admits to being wrong, That's a bad combination for a major fund manager.
In a recent interview she got defensive and actually claimed she was running a deep "value" fund: "Give us five years, we're running a deep value portfolio". I wonder if a similar disclaimer is included in the ARK prospectuses? Most of her funds are already down 50% from their highs and the bear market is just getting under way.