Bull Session | Cathie Wood said the market had "massive misallocation of capital," do you agree？
Cathie Wood, the star fund manager and chief executive of ARK Invest, took to CNBC to defend the woeful performance of the manager's suite of disruptive innovation funds.
Benchmarks are where they are because of past successes...If we are right, those are the companies that will be disrupted."
--- she said on CNBC.
--- she said on CNBC.
"We are not going back to the old ways of doing things," she said about the surge in value in the cache of stocks bought by ARK that saw revenue accelerate during the COVID public health crisis.
The idea of shorting innovation in America is ridiculous, I think."
---she said.
---she said.
However, $ARK Innovation ETF(ARKK.US$ fell 28% and $Tuttle Capital Short Innovation ETF(SARK.US$ jumped 30% so far in 2022.
By comparison, the $Dow Jones Industrial Average(.DJI.US$ was down 5.5% in the year to date, the $S&P 500 Index(.SPX.US$ was trading 8% lower over the same period, the $Nasdaq Composite Index(.IXIC.US$ has declined by 12.3%, as of this Thursday.
Do you agree with Cathie Wood? How do you think of pandemic-related stocks?
Source: CNBC, Market Watch
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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bwjx : 80% or more start up fail at some point in time. I'm not an entrepreneur so shorting innovation etf seem like the way to go.
搞经济 抄底 加仓 : Capital not flowing into your Equity doesn't mean that a misallocation ^sister Wood^ Look at Amazon, doing okay
The fact that capital does not flow into your position does not mean that there is a problem with capital, Sister Mu.
That's what your subordinates told you. Look at Amazon.Com Inc. It's good.
Buyhighsellhighest : I think there is an argument to be made that over a long time horizon her index will outperform markets as it will undoubtably invest in the next Tesla/Amazon. In the short term (under 5 years) I am not confident we will see that outperform. This is highly dependent on government regulations though
CrowKing : yes .
Louis Jia Heng : If she sounding scare on her losses ?
71284945 : There is not a misallocation of capitol during these current market conditions, but as soon as certain environmental factors change, the big money will once again chase after innovation and growth and when that happens those who are patient will be well rewarded.
Andre88888888 : Feel like she got more misallocation of her capital.. Whatever she touches for the short term dips. Only tesla keeping her afloat. See what she did to Palantir? Dump 53m worth of shares lol
Violets : yes. I think many people think that the day traders are dumb. they are not they see where the money is and they know it doesn't really belong there maybe with the exception of Tesla and Microsoft everything else is overly propped up
TYNG8825 : Nice
101569646 : let see probably 5 years or 10 years ahead n how long short ark ETF can short? I on the sideline now to watch the fun lol.
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