I’ve mentioned something like this before, but, if any of my companies goes public, we will prioritize other longtime shareholders of my other companies, including Tesla.
Loyalty deserves loyalty.
Cathie Wood might be the most expensive lesson retail investors have ever paid for.
Her flagship ARK Innovation ETF is down 23% in the last 5 years.
The S&P 500 is up 77% over the same period.
She has underperformed the index by 100 percentage points.
And she has done it while collecting BILLIONS in management fees.
A quick reminder of the highlight reel:
– She predicted Tesla would hit $3,000 per share by 2025. It is currently $432.
– She predicted Tesla revenue would hit $234 to $367 billion in 2025. The actual number came in under $100 billion.
– She made Teladoc her single largest position around $80 per share. It trades at $7 today.
– She loaded up on Zoom near $300. It trades at $110.
– She dumped almost her entire Nvidia position in January 2023 around $20 per share. Nvidia is now at $220, which means she sold the single greatest stock of this generation right before it 10x’d.
Morningstar officially labeled the ARK family of funds a “value destroyer,” noting that her funds lost roughly $14 billion in shareholder value from 2014 to 2024.
But here’s the part nobody talks about:
ARK Investment Management has been one of the most profitable asset managers of the last decade.
Wood has personally made tens of millions in fees while her investors have collectively lost real money.
This is the part of Wall Street most retail investors do not understand.
You’re not paying for performance, you’re paying for marketing.
The people who win are the ones running the fund, not the ones holding it.
This Friday, May 15, every fund managing over $100 million is legally required to disclose their Q1 2026 trades to the SEC.
We will be breaking down EVERY major filing right here the moment they drop.
Follow us with notifications before it’s too late.
If you don’t follow us, you might regret it.
WE DON’T HAVE THE VOTES:
Senate Majority Leader Thune said they had a spirited debate on the SAVE America Act.
No, this is a fabrication — not once did he force democrats to speak against voter ID‼️
Thune said they don’t have the votes to nuke the filibuster.
👉If Leader Thune won’t give us the SAVE America Act, then DEFEAT his top 2 allies — Cassidy & Cornyn👈
Louisiana: 🗓️ Sat., May 16th
Texas: 🗓️ Tues., May 26th
Our First PoC milestone🚀
The team trained and released HimalayaGPT 0.5B-IT, a Nepali-focused smol instruct model built with Karpathy’s nanochat on a GPT-2 style decoder-only architecture.
Trained with Nepali/Devanagari-heavy pretraining, then SFT across instruction, code, math, and tool-use data.
Small model, but a meaningful step toward sovereign AI for Nepal.
Next target: scaling toward 5B models.
Thanks to the entire team and our strategic partner Tarka, and to the NVIDIA DGX Spark stack for powering this training run.
Check out the model Model Releases below↓
🇧🇷 Brazil: “Starlink Farm” uses dozens of antennas in the Amazon, and redistributes the signal via fiber!
A video attributed to the “viajandocomoluiz” profile on Instagram drew attention by showing dozens of @Starlink antennas installed in Tabatinga, Amazonas, on the border with Peru, to capture satellite internet and redistribute the connection via fiber optic to residents of the region.