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ARK Destroyed More Wealth Than Any Asset Manager Over the Previous Decade
Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager became a social-media sensation by making bold bets on disruptive technology stocks such as Tesla (TSLA), Zoom Video Communications (ZM) and Roku (ROKU). They largely stuck with her when the funds’ fortunes reversed after the Federal Reserve raised interest ... (full story)
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- Apr 23, 2024 10:10pm Apr 23, 2024 10:10pm
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KayaKpital - Joined Mar 2018 | Status: Member | 4 Comments
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- Apr 24, 2024 1:21am Apr 24, 2024 1:21am
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longfellow - | Joined Jan 2010 | Status: Member | 79 Comments
Follow the money --Mark Felt (Deepthroat)
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- Apr 24, 2024 1:25am Apr 24, 2024 1:25am
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Expo33 - Joined Aug 2013 | Status: Member | 527 Comments
Pride always comes before destruction.... -Proverbs 16:18
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- Posted: Apr 23, 2024 3:18pm
- Submitted by:Category: Entertainment NewsComments: 3 / Views: 6,365
