Cathie Wood’s ability to collect management fees will be studied for decades.
Truly one of the worst investors of all time, while making tens of millions in fees.
Some of the worst trades include:
- TDOC: made it ARKK’s largest position at ~$80/sh.; today: ~$7/sh.
- Zoom: loaded up around ~$300/sh.; today: ~$110/sh.
- Nvidia: sold almost all of it in January 2023 at ~$20/sh.; today: ~$220/sh.
Amazing track record.
@TheMagaHulk Yes. That’s when liberalism began its temper tantrum since the public was no longer shocked about an African American president. To subsequently lead a conquest of racial divide to gain popularity that ultimately lashes out when they don’t get their way like bigots.
Why SC drivers insist on driving 5mph slower than the listed speed limit creating a legal 10mph swing? Was a different COVID-19 vaccine strain administered? Bc yall still don’t use turn signals even though that stimulus money been spent. #SouthCarolina
Mutual fund guys with their 401k don’t under stand this. Divide 1.1T by $318 for total outstanding shares. Divide $20t by the outstanding shares. ~$6,200 share price sounds good to me.
@NPR So another 5 years and deem another species? I hope the magnitude of the next Bird/Bat flu doesn’t send us into 2nd world country status given then shallow talent pool, coupled with AI to fuel it. Can’t imagine you’d survive a labor intensive world. You’d just croak like a goose