Cathie Wood is one of the greatest investors of our time.
Wood’s flagship ARK Innovation ETF (NYSE: ARKK) was up 156% in 2020. Its track record in the five years leading up to that incredible year put it in elite company as one of the best-performing funds in recent history.
Unfortunately, it’s been rough for ARKK ever since. The exchange-traded fund (ETF) was down 23% in 2021, and it’s down more than 50% year to date as I write this.
I wouldn’t worry too much about Wood. She’ll be back because the disruptive tech she targets isn’t going anywhere. Investors will jump back in one day because the growth is too strong to ignore.
In the meantime, let’s see what she has to say about the ongoing bear market and a potential recession.
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