How Wall Street star Cathie Wood is defying her doubters
Do you believe in Cathie Wood?
Wall Street's star stock picker has seen her fortunes wane over the past year as her flagship tech innovation fund slid more than 50%, losing $13 billion in market value.
Wood, one of the few prominent female fund managers on Wall Street, is facing one of the greatest challenges of her professional career: how to show the world that she is simply more than the face of what some are calling the pandemic bubble.
While the sort of broad, thematic bets that are a hallmark of ARK's investment style has long been a part of her strategy, her willingness to take large positions - approximately 30% of her flagship fund is invested in the shares of five companies - has not always been welcomed at previous firms where she worked.
$ARK Innovation ETF (ARKK.US)$ $XPeng (XPEV.US)$ $Robinhood (HOOD.US)$ $Coinbase (COIN.US)$
Wall Street's star stock picker has seen her fortunes wane over the past year as her flagship tech innovation fund slid more than 50%, losing $13 billion in market value.
Wood, one of the few prominent female fund managers on Wall Street, is facing one of the greatest challenges of her professional career: how to show the world that she is simply more than the face of what some are calling the pandemic bubble.
While the sort of broad, thematic bets that are a hallmark of ARK's investment style has long been a part of her strategy, her willingness to take large positions - approximately 30% of her flagship fund is invested in the shares of five companies - has not always been welcomed at previous firms where she worked.
$ARK Innovation ETF (ARKK.US)$ $XPeng (XPEV.US)$ $Robinhood (HOOD.US)$ $Coinbase (COIN.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
主动的肯尼 : Nothing can escape the arrangement of fate. I knew that son was unlucky several years ago, and now it's Wood's turn.
卫斯理传奇 : seriously no joke, ARK investment average down and bought another 13mils shares of $Robinhood (HOOD.US)$ at US248mils, she has a paper loss of more than US310mils now if we include the previous 10mils shares. 23mils shares at a loss of 13.5 each.
moneyworkhard : Why in d first place is she being revered?
Punter shd not be glorified!
Value investors is what we shd look up to
MonkeyGee : are you kidding me. Everything Cathie buys goes down 70%. don't believe me? watch her new purchase of BYD. DKNG, ROKU, XPEV and many many more. she is a curse!
Rob8200 : Anyone investing In Robinhood Should very Careful With their Money