When a loss is so surprising and uncalled for, it's the equivalent of slapping someone across the face.
It is painful and humiliating, but it also leaves imprints that can fuel one's passion for becoming a better investor.
Let's go~
@Coffee Drip: $AMC Entertainment (AMC.US)$
@Questionable Invts: $Mullen Automotive (MULN.US)$ When you buy muln & realize there's no such thing as support.
@Marval: $AMC Entertainment (AMC.US)$
@Stitch-fu: Happy Tuesday! $SPDR S&P 500 ETF (SPY.US)$
...

Cathie Wood said on Wednesday that stocks held by Ark Investment Management "are not in a bubble", but "benchmark" stocks are.
The "benchmark" in Wood's words maybe referring to tech giants like $Meta Platforms (FB.US)$ , $Amazon (AMZN.US)$ , $Apple (AAPL.US)$ , $Alphabet-A (GOOGL.US)$ and $Microsoft (MSFT.US)$.
Wood said "Our strategies would be flying if we were (in a bubble)."
$Tesla (TSLA.US)$, $Coinbase (COIN.US)$, $Teladoc Health (TDOC.US)$, $Roku Inc (ROKU.US)$ and $Zoom Video Communications (ZM.US)$ are the biggest holdings of $ARK Innovation ETF (ARKK.US)$.
ARKK has slumped 20% this year.
Wood said "we have not begun rewarding innovation for what's about to happen. So that's where our conviction comes from. The bubble is in the benchmark stocks."
Do you agree with her?
Source: thestreet.com