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Thursday, January 28th, 2021

Cathie Wood, one of the best fund managers ever, shares investment insights – including on Tesla, what’s next

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by January 12, 2021 Financial News

Cathie Wood’s exchange-traded fund, theARK Innovation ETF,surged by almost 160% last year, growing assets 10-fold–unprecedented inflows for an active fund of that type, notes The Wall Street Journal. She made concentrated bets on hot stocks such asTesla,Roku, Square and biotechs andtold an interviewerlast month that she expects to nearly triple unit holders’ money over the next five years. But similar star managers’ performance has tended not only to be mean-reverting but actually worse-than-average after their runs end. In this podcast, Cathie Wood discusses her investment strategy. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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