ARK and value investing
$ARK Innovation ETF (ARKK.US)$ Even though many people won’t believe, ARK is literally hanging on real value investing. Just like BRK did, ARK made a heavy bet on plenty of innovative companies like $Tesla (TSLA.US)$ $Block (SQ.US)$ , and hold them for a very long time. I’ve been watching Cathie Wood for a while, she’s the one that did what she said.
Sometimes value investing doesn’t mean sticking with traditional companies with stabled profit & dividends. Holding still dsruptive technology companies with promising futures and will also do the job.
I strongly think better of ARK and Cathie Wood, cuz this is the future, but I can’t be too optimistic about the short-term performance of ARKK. In the historical chart, we can see that ARKK usually got support at 120week MA trend line, which is 76 rn, so it still has plenty of room to go. Setting up a stop loss, let’s say 10%, will be a safer way to join the game.
Sometimes value investing doesn’t mean sticking with traditional companies with stabled profit & dividends. Holding still dsruptive technology companies with promising futures and will also do the job.
I strongly think better of ARK and Cathie Wood, cuz this is the future, but I can’t be too optimistic about the short-term performance of ARKK. In the historical chart, we can see that ARKK usually got support at 120week MA trend line, which is 76 rn, so it still has plenty of room to go. Setting up a stop loss, let’s say 10%, will be a safer way to join the game.
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103078307 : wow how did it happen?
Acrobatic Boo OP 103078307 : Just follow your heart and respect the truth