It’s great that Cathie always speaks up, especially during down markets. Investors need a full understanding of what’s going on during rough periods and Cathie provides exactly that.
The bottom line is she making money for her clients year over year that’s what she is supposed to be doing it instead of giving lectures, her knowledge it serves her but her clients expecting yearly income period.
@@azemnor2068 actually no, that’s not what she’s supposed to be doing - that’s what mediocre PM’s do. She is trying to achieve remarkable five-year returns. To do that, one must ignore the month-to-month or year-to-year fluctuations as certain areas of the market are treated favorably or not. If you want guaranteed annual income, buy bonds or annuities.
In order to reach the five you need to have a good base she doesn’t # one secondly when did the five year started does anyone know that, I have been hearing that for the last a year and half and she’s already down since that time over 40% and she’s talking 40% annually compounding so we are already 1/4 of that 5 period of time elapsed it’s a simple math do it.
Love how transparent she is as opposed to most money managers . I enjoy listening to her because I learn something every time . I would like to see more quantitative analysis on her stock selection,for the sake of education at least. She is honest as well as smart and hard working .If things go her way in the coming 1-2 years I think she will be remembered as a legend for future generations to study . She is changing the whole approach to investing and I think given the times we live in that may be the way to go . God bless you and thank you
Thanks for being there for us Cathie. Not everyone takes the time or has the heart to explain things in some much detail. The stock market is not an easy world & very few really care about sharing real information with retail. God bless you & your family!
Cathy's opening, where she says that when the virus first came, that the headlines in the media did not accurately reflect what was happening in the economy, should be a reminder to us all that this is generally true for most things that we see in the media ✌
awesome video. learned a lot. but doesn't change the near term bearish outlook for all of ARK's ETFs. the good news there will be a time to buy them again at very appealing levels.
@@loopholelifestyle no she's been predicting since last summer it would crash in the short term. In July of 2021she said that it would crash in 2021 by the end of the year. She wrong about oil.
Is there a fund management team anywhere that communicates so clearly and frequently with investors? No matter the content, Ark's regular communication deserves recognition.
One of the best things Ark and Cathie could have done was to start this UA-cam channel and demonstrate the data that supports their theories. Long term Cathie will be right again. Her theories are sound and the data supports it.
Cathie should be in jail. It’s immoral for a fund manager to tell their clients they should expect return in the “low twenties”. Regardless her reputation is garbage now.
If someone bought this fund and lost 50%, they need 200% to reach break even. Good luck with that..Nobody beats the market in the long term - everyone knows that. No market segment can beat the market for long term investment.
I feel Ike she’s just summarizing the news for us but not really talking about about the technology of top holdings (apart from Tesla). Like wth is Roku such a giant holding?
Thank you Cathie, Bought Arkk at 89 dollars and bought again at 85 dollars, will keep investing and be invested with your fund over this decade specially as high growth/innovation stocks are down so much. I got into Tesla in 2019 and still hold, I remember people mocking you on cnbc in 2019 over your pre split 4000 dollars target price but your conviction and research is second to none. Looking forward for your big ideas 2022 🙂
Thank you Cathie Wood for these videos. It's so priceless for the common folk like myself to be educated by such a wise and smart person. This community truly values your opinion. Thank you for these videos.
Right on Cathie. The only thing that I didn't hear is the impact of the three trillion dollar spending plans to inflation/velocity. I hope washington and wall street are talking to minimize impact.
I fully support and have confidence in you Cathie, before I even knew about you I am of the same mindset of investing in innovation, this type of investing generates wealth over short period of time. It has been very difficult for you and myself since second half of 2021 but I think in a few years your patience and perseverance will pay off. Thank you for sticking to your guns!
Hi Steven . in one of your videos you said that you think that the ARKG etf will produce higher returns than Tesla stock in the next 5 years . In March of last year you sold all your holdings in ARKG to buy more Tesla stock, at a near perfect timing, right befor ARKG will go down about 50% in the following months and Tesla stock go up more than 50%. Do you still think that ARKG can outperform Tesla stock in the long run ? Do you think ARKG can beat the other ARK etfs? Do you see yourself investing back in to ARKG ?
She is so articulate. Mark these words, history will be very kind to this commentary. And looking back this will be a buy of the decade to pick up ARK funds this cheap!
@DS Is it cheap? With almost 10 % Tesla (PE Ratio more than 200) and 6 % Zoom that lost more than 50 % of the market cap in less than 6 months? And that has competitors like Microsoft, Google, Amazon and Facebook? Let's see, I wouldn't touch the ARK innovation fund with a ten-foot pole....
The fund is cheap, but by what standard? After slashing almost 50% since its 52 week high, it is still worth 16 bil, and with a .75% expense ratio, that is a whopping $10 mil a month. No wonder she is worth so much! I wouldn't touch it.
Cathie can you now admit that your stocks were in a bubble last February? At that time you were vehemently denying it. Now they are down 50-75% which means the bubble has already burst
Not surprisingly, a lot of fanboys here who actually believe in Cathie Wood. She needs you all to buy her fund to support the bleeding outflow. You folks need to buy more to stop the bleeding!
I personally know of 3 corporations (in the range of 4-8K employees) that went head first with zoom in May 2020 and have now canceled their contracts. Why? Because MSFT is throwing in the Teams tool literally for free. Now, is Teams as good of a collaboration tool - in some ways yes, and in other ways no. But the point is cost matters in such cases when the incremental value for the alternative is not that high. I would love for Cathie to weigh in on the competitive landscape that’s dragging down the Zoom stock.
On the tech bubble comparison: Intel, Cisco and Amazon were serious companies in 2000 and have been leaders in their respective industries from then through to now. This didn't stop their stocks from dropping 85-95% when the bubble burst. It took Amazon stock 10 years to make a new ATH, while Intel and Cisco still haven't recovered 2 decades later. And these are the success stories. Even correctly betting on a handful of innovators that will lead us through the next decade could generate poor investment returns if it's not done at the right price. I think this is where Cathie finds herself and her funds today.
And yet, if you would have invested in Amazon along Intel and Cisco in a balanced basket of stocks, you would have outperformed the market drastically just because one winner overshadows all the losers in the portfolio. That’s the same principle with all growth stock focused funds like the Ark funds. If you only manage to get a few winners, they will win big and outperform the market, not even speaking of value stocks. And while we’re at it: a lot of the companies in the Ark funds burn money still, yes, because they are primed to do that. They do not want to make profits just yet but they have already proven themselves in their industries (DOCU, ROKU, TSLA, PLTR).
@@thelifeofpablo6626 Perhaps, if you hold your winners and let them dramatically grow. What happens when one consistently trims one’s winners as ARKK does?
@@dksculpture True, when using such an approach you need to let your winners run and even add to them over time. When you trim them consistently („rebalancing“) you weaken your performance.
That time of the month that we all very much look forward to. History will do you justice Cathie Wood for being a courageous visionary in the investment world!
Keep drinking the cool-aid. The market will eventually speak. I am afraid this lady will disrupt a bunch of her followers portfolio. Right now she’s just giving you all a fuzzy feeling.
In China people greet each other by asking “having you eaten?” -if it’s around meal time. This is very different from asking “ do you have enough food?” This makes me think that Ark doesn’t talk with people who really know China.
Same. I don’t speak more than a few phrases of Mandarin (or any other Chinese dialect). But my wife speaks some mandarin and I do live in Singapore and so even I know what she was saying was misinformed and felt this was rather cringeworthy coming from someone like ARK. With my limited knowledge on China its a bit concerning when I feel even I could correct them on this. Hopefully just an anecdote for the average retail investor watching who has 0 knowledge of China, and not a reflection of their actual knowledge on the subject.
1999 tech bubble, 2021 Cathy Woods bubble Also interesting how it is mentioned oil dropped from 86 to 62 back in November. But no comments on the current price $82/bbl right now.
All new ideas to a market are volatile, just like bitcoin and Cathie's stocks are doing the same. But one of the best ways to make money in volatile markets is dollar cost average strategies over the longer term with the understanding that new tech wins out in the end. You only need to go to the commodity markets such as copper, nickel etc to see that long term trends are just starting, so today prices are low, so Cathie is right.
I invested everything I have when ARKK was $140. I am still on it. Not able to DCA as I don't have much money. I am battered and looks like a fool Infront of the family. But I am confident in you and I am sure I will have the final laugh one-day👍
Her investments are sound but most of the people that can afford To invest in ARK will be dead long before they can enjoy its fruits. I suppose it is a good investment for family offices.
Recently followed her and heavily invested in Roku, SQ, coin they are straight in hell. Also arkG . Good bye money. I dunno what to do. Lose the will to live it is depressing
I have only believed in two fund managers in my life, one being Cathie, the other being Warren Buffett. During 2020 and early 2021, folks were saying that Buffett was out of touch. Now, folks are saying the same for Cathie. Stay focused on the prize, ignore the noise.
🤣They're polar opposite in investing philosophy. One likes to swim in cash and other invest in dreams/fantasies. The middle of the road of the two would be Ron Baron - super humble guy and a top notch fund manager.
I'm invested in ARK funds, but there is no easy way to say this. All of the ARK funds have crashed catastrophically. When your funds are all down 50%, 60%, or 70% from their highs less than a year ago, it's really, really bad, especially when the S&P 500 is only down 4.5% from its all-time high. The goal of any good asset manager isn't just to make the highest return possible, it's to make good returns in a consistent way and to avoid catastrophic collapses in value like we have seen in ARK funds.
No it's not. It's never the job of the asset manager to reduce volatility, though they are often forced to do it and that's precisely what leads to short term thinking. Their job is to create long term growth. If you can't handle the volatility it's your fault. You can either go to the more traditional asset managers which PROMISE consistency (but don't deliver that either) or high Sharpe quant strategies, which anyways are generally not available to retail investors.
@@alexfosterroman Bro you are so right, because I used a similar spelling of "Cathie" to refer to her, all of her validity is now gone ;) What have I done haha
Cathie, you always say you share your research, but I never see ARK publishing research showing your valuation of specific companies. For example, what do you see as a fair price for TDOC, and on what do you base that evaluation? Same question for the other companies in the ARK funds. Thanks.
Thank you, Cathie, for sharing your insights at this market time. It does give me faith and strength to be patient and focus on the long-term reward. Thank you!
Really enjoyed Cathie's incredible overview of the hits in the market. Always been a big fan. Her point on China's greeting @35:10 is totally wrong though. Chinese "Hello" just means "Hello" and does not mean "Hope you have enough to eat".
Hello Cathie, I am a Chinese living in Europe and I have been following your channel for several months. I suggest strongly that you get someone who can help you analysing China better, someone who can speak Chinese. Because what you said in your video about China doesn't make any sense at all.
Just because a stock is going up doesn’t mean it’s a good investment. Just because a stock is going down doesn’t mean it’s a bad investment. there's more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price. ever grateful to my F.A *Janet Estes Cobb* ……I made over half a million from TSLA, GME and NVDA.
ArkG investor. my question is do you have an analyst that really understands what is going on with the fund's holdings. Or is this just a roll of the dice and the hope that a couple of them stick.
I can personally see some of the changes she talks about. I work for an engineering company in the south and prior to covid meetings were around 10% Zoom vs 90% in person. Now we're at 90% Zoom vs 10% in person. And I'll point out covid restrictions are at a minimum where I'm located. So I can see the Zoom meetings are here to stay as the preferred method. My 2 cents.
Fantastic info sifting through a lot of confusing and contradictory news releases. Defining the true bubble, pinpointing raised inventory hush-hush, and suggesting fed jaw-boning has brought sense to the mess - tysm! Thank you for calming tech fears. God Bless you, happy new year, and keep up the good work.
Corrections: the typical traditional greeting for Chinese is “Have you eaten yet ?” It is a greeting which shows concern for your guest coming to your home - before you serve him/her some home cooking if she hasn’t eaten yet after travelling to your home to visit you.
Thanks ARK team and Cathy. With a sizeable portfolio in K, G, W & F, it's great to revisit why I bought these and hearing from you is reassuring given current markets
I have no doubt that a lot of the flack you receive from the mainstream media Is a direct result of your refusal to leave us in the dark and go along with the narrative. I think your right and I’m invested accordingly, but even if it turns out that you aren’t I just wanted to say thank you for having the integrity to do what your doing.God Bless you and your loved ones, I hope you have the new year you deserve.
Energy cuts across every sector of the economy. Because of net zero mandates, there is eeduced fossil fuel supply (baseload electricity and primary fuel for transportation) leading to sky high energy prices. Furthermore, the reduced supply of natural gas is leading to a food crisis because natural gas is the primary feedstock for ammonia used to make fertilizer. To add fuel to the fire, weather is not playing ball - major agricultural commodity countries (brazil, chile, argentina) are experiencing adverse weather conditions. This has led to high prices in staples - soyabeans, wheat and corn. So, demand doesnt necessarily have to be high (low money velocity) for the inflation to be sustained.
Volatility cuts both ways. And these ETFs are more volatile than many individual stocks. Time in the market ... what the other guys said. 😀 At this point in time, if your inclination is not to either hold or buy more, you may want to rotate into something else ... once the market comes back up ... which could take a while.
I sold out of all ARK funds. Better to just identify the top winners and invest in those directly. Just to much buying and selling for my taste. Rather just DCA into Tesla, square, google and a few others.
I cannot say this enough Ms Wood -- your open source approach to your research is very refreshing and truly appreciated as you had mentioned in your video. it's for that reason that I'm still on this train. thanks for this video.
The issue with new tech is that they are practically unaffordable and with a high inflation, discretionary spending will utterly collapse. There is a demand side that is always badly assessed. They didn't see the demand when we were going into the pandemic and they are overestimating coming out of it as well. Auto prices will not be coming down anytime soon. New model launches are all EV's and as such have priced most people out of the market. So used car's value will grow simply based on affordability factor alone.
According to the owner of the company I work for, this single quarter has been more profitable than the last 6 combined, all thanks to "inflation." Which is to say, he heard there was inflation and jacked our prices by 25%, then blamed inflation. I have to assume this is not uncommon.
The Fed mistakes was implying that inflation was just a few months of increased prices due to supply chain issues. What they didn't anticipate was a workforce rebellion that will permanently keep prices higher. So companies have two choices 1) accept higher payroll cost with reduced profit margins (not pass increased labor cost onto finished product & thus help to control inflation or 2) accept the Fed intervention with higher interest rates to cool economy and attempt to limit any further product price increases. How investment community digest that reality long term will take years to play out. If this was purely a supply chain issue than I wholeheartly agree long term outlook is deflationary but workforce refusal to keep status quo on wages was a game changer that will be felt long term.
Thanks for always taking the boldest and the bravest move toward growth and innovation companies, but most importantly thank you for sharing your thought and insightful insights and research.
Hey Cathie, very interesting, particularly your comments about China. Just a note: That Chinese greeting (ni chi le ma?) is a hangover from the days before and during the 'Great Leap Forward' when for most Chinese, getting enough to eat was a primary concern. That's an old-fashioned saying, not a reflection of their current economic situation.
My investment in ARK is down 46%. I was tempted to say screw it and get out. I don't know of another fund that takes the time to post a video explaining their reasoning. After watching this I think I'll hold.
I love how her hair litteraly matches the drapes. Cathie has talent and style with her interior design as well as portfolio design. (Except for draft kings like wtf has an online casino got to do with anything)
Thanks so much, casinos where I live have all closed and now online is the only place to play. Was thinking of how I could get exposure to online casinos other than thru legacy companies. Draftkings could be a great way to play the trend but I do believe I remember hearing they were bleeding cash. Promos and stuff to attract customers are big expenses in the competitive online gambling space.
@@filthyfinancials1622 yea my critic is not the business model or profitability but that most of her innovation stocks are in ground breaking tech that will bring huge net benefits to society. Whereas online casinos are basically the opposite of that. Why get your hands dirty with such a crappy business when you can make equally great returns with better companies. Casinos are a parasitic entity ultimately the more successful they become the more they bankrupt their clients, I prefer businesses that actually aggregate value to clients not just the shareholders.
Ford sells 800,000 F series pickups every year in the US, replacing all of those with F150 Lightning Trucks would cause the stock to skyrocket, yet it has no tangible benefit to Ford's bottom line since they already do that business now. I don't understand this electric car bubble, you cannot justify these valuations with just selling cars whether they're electric or gas.
The benefit for fords bottom line is that ev's are the way of the future and the quicker they get to the market with a full ev line, the more competitive they will be in the long run. They are way behind tesla. Everyone is. No car company wants to be viewed as the last dinosaur
Thanks for the update Cathie. Whilst I am not an ARK investor, i find your updates very interesting and the transparency you show is to be applauded. You also make a very strong case for the innovation space and i think it will be proven to be successful in the long run.
Great Analysis Cathy. My Take Away is If the demand for lightning increases, It follows that the demand for the ICE 150 would decrease. If they can not meet the lightning demand it does not mean that they will be able to sell ICE instead. This is truly the time for the Cyber Truck to surprise.
ARK = -50% for last year SP500 = +25% for 2021 . This kind of speaks for itself. All the "intellectual analysis" and "calm, cool, collective" thinking is meaningless. Performance is all that matters.
@@superperior ARKK cannot unwind most of their positions without creating a death spiral of stock price. Those continued purchases of unprofitable stocks is what elevated the gains unnaturally and without continued artificial support they are destined to fall. Fall continually and fall hard. You're looking at another 50-60% decline in 2023 unless they start liquidating whole positions, then you could see up to 80% loss. Being a ARKK investor today is the absolute worst position an individual can be in. Good Luck.
I think Kathy is doing PR damage control! So many words for saying very little. She is speaking of macroeconomic data that cannot be predicted, she may be right or she may be wrong, but that doesn’t mean much.
depth of value is always a case-by-case scenario. i'd suggest staying away from statements like "innovation is in deep value territory" to avoid any problems. some innovation names may be in deep value territory, but i'd be shocked if that area is broadly even in fair value territory, let alone deep value.
Focusing on fundamental analysis solely is what I like about Cathie. Some reputed research providers have lately created confusion with their fundamental and technical analysis as they are pointing to opposite directions. The sentiment is so negative and it seems the market players are determined to penalize growth stocks further. I hope Cathie is proven right that the correction will won't last long.
"We're all in and our conviction couldn't be any higher" Great commentary on the market! I love your firm and I'm ARK long and strong - happy New Year let's get after it in 2022!
This is the time to stay strong, Cathy. It appears that you have many enemies, and they’ve all been coming out of the woodwork lately. Even Cramer, of all people, appears to be in cahoots with other entities that hope to take you down, for whatever reason that may be: whether it is monetary or pure envy. I just want to let you know that I stand by you, and am prepared to go deep into the trenches with you. I believe in your vision and will not capitulate. I know that the arc of this story will be fully realized in 5 years. Keep up the great work Cathy.
It’s great that Cathie always speaks up, especially during down markets. Investors need a full understanding of what’s going on during rough periods and Cathie provides exactly that.
Did she really say people would rather not pay a car payment because Uber is there!? Like WTF, does she think Uber is free public transport?
@@danbragg 1. She's not infallible. No one is.
2. She's not wrong, but correlation likely doesn't equal 100% of causation.
Indeed
a destroyer of investors capital
She's solid! Glad she sets things straight!
Love the clear thinking and contrarian views by Cathie and her team.
The bottom line is she making money for her clients year over year that’s what she is supposed to be doing it instead of giving lectures, her knowledge it serves her but her clients expecting yearly income period.
@@azemnor2068 actually no, that’s not what she’s supposed to be doing - that’s what mediocre PM’s do. She is trying to achieve remarkable five-year returns. To do that, one must ignore the month-to-month or year-to-year fluctuations as certain areas of the market are treated favorably or not. If you want guaranteed annual income, buy bonds or annuities.
In order to reach the five you need to have a good base she doesn’t # one secondly when did the five year started does anyone know that, I have been hearing that for the last a year and half and she’s already down since that time over 40% and she’s talking 40% annually compounding so we are already 1/4 of that 5 period of time elapsed it’s a simple math do it.
By the way the year that she became famous that was the pandemic market collapse even a dummy like me made money that year thanks for the chat.
you have to be constrained when you are losing all your clients money don't you
Love how transparent she is as opposed to most money managers .
I enjoy listening to her because I learn something every time .
I would like to see more quantitative analysis on her stock selection,for the sake of education at least.
She is honest as well as smart and hard working .If things go her way in the coming 1-2 years I think she will be remembered as a legend for future generations to study .
She is changing the whole approach to investing and I think given the times we live in that may be the way to go .
God bless you and thank you
Of course she is transparent not telling that she is interested in you money in her fund and continuing telling that soon all these craps skyrocketed
Check out "Ticker Symbol You".
Great info and deep dives.
@@HimmelReiner she's been invested in her own funds and individual stock picks for years.
As regulars will know.
@@andrewsaint6581 what's great in here? just repeating what Katja is saying and same companies.
she already is a legend....🙂
Thanks for being there for us Cathie. Not everyone takes the time or has the heart to explain things in some much detail. The stock market is not an easy world & very few really care about sharing real information with retail. God bless you & your family!
Cathy's opening, where she says that when the virus first came, that the headlines in the media did not accurately reflect what was happening in the economy, should be a reminder to us all that this is generally true for most things that we see in the media ✌
shes was completely wrong about oil and commodities lol. Good think I kept my oil stocks.
@@FactsAboutTheWorld. pretty sure she said it would sky rocket and that would excellerate the move to ev cars. She nailed it.
awesome video. learned a lot. but doesn't change the near term bearish outlook for all of ARK's ETFs. the good news there will be a time to buy them again at very appealing levels.
@@loopholelifestyle no she's been predicting since last summer it would crash in the short term. In July of 2021she said that it would crash in 2021 by the end of the year. She wrong about oil.
@@FactsAboutTheWorld. she does not predict short term.
Cathie, I'm 100% with you. The future growth is in Healthcare, 3D Printing and Block Chain. Keep the faith as our portfolios grow exponentially.
Remember she is down exponentially, unlike others she is managing billions of other peoples money,she needs to stop this cult like mentality.
Shakedown, black box, and richie freebie; Fascism as usual. Next!
Is there a fund management team anywhere that communicates so clearly and frequently with investors? No matter the content, Ark's regular communication deserves recognition.
is there a fund manager out there with a worse return on investment ytd?
@@italianmiltyfriedman6264 who cares about ytd, no sensible investor would be in these funds for the short term anyways
@@jeremypryde4602 how about return for the past 12 months when the market was up 30%? Every other etf was making money
Lol, that deserves all the money that ark lost for you? Really?
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
47 min without a pause or sip of water. This lady is a beast😉
One of the best things Ark and Cathie could have done was to start this UA-cam channel and demonstrate the data that supports their theories. Long term Cathie will be right again. Her theories are sound and the data supports it.
It's a pleasure to hear your lessons and to know there are people like you and your team out there!!!
6tv 5
Cathie should be in jail. It’s immoral for a fund manager to tell their clients they should expect return in the “low twenties”. Regardless her reputation is garbage now.
If someone bought this fund and lost 50%, they need 200% to reach break even. Good luck with that..Nobody beats the market in the long term - everyone knows that. No market segment can beat the market for long term investment.
I feel Ike she’s just summarizing the news for us but not really talking about about the technology of top holdings (apart from Tesla). Like wth is Roku such a giant holding?
Thank you Cathie, Bought Arkk at 89 dollars and bought again at 85 dollars, will keep investing and be invested with your fund over this decade specially as high growth/innovation stocks are down so much. I got into Tesla in 2019 and still hold, I remember people mocking you on cnbc in 2019 over your pre split 4000 dollars target price but your conviction and research is second to none. Looking forward for your big ideas 2022 🙂
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Thank you Cathie Wood for these videos. It's so priceless for the common folk like myself to be educated by such a wise and smart person. This community truly values your opinion. Thank you for these videos.
This lady is nothing but a blessing. Oh, how I look forward to hearing her speak!
Right on Cathie. The only thing that I didn't hear is the impact of the three trillion dollar spending plans to inflation/velocity. I hope washington and wall street are talking to minimize impact.
I fully support and have confidence in you Cathie, before I even knew about you I am of the same mindset of investing in innovation, this type of investing generates wealth over short period of time. It has been very difficult for you and myself since second half of 2021 but I think in a few years your patience and perseverance will pay off. Thank you for sticking to your guns!
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Cathie is a voice of reason.
Yeah , bro !
Love your videos
Hello from Russia
Hi Steven . in one of your videos you said that you think that the ARKG etf will produce higher returns than Tesla stock in the next 5 years .
In March of last year you sold all your holdings in ARKG to buy more Tesla stock, at a near perfect timing, right befor ARKG will go down about 50%
in the following months and Tesla stock go up more than 50%.
Do you still think that ARKG can outperform Tesla stock in the long run ? Do you think ARKG can beat the other ARK etfs?
Do you see yourself investing back in to ARKG ?
Hey Steve, how can I get access to your 10 year tsla price targets?
@@yurak7109 Great questions.
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
She is so articulate. Mark these words, history will be very kind to this commentary. And looking back this will be a buy of the decade to pick up ARK funds this cheap!
This is especially for those who doubt when you have to pay for scam.
@DS Is it cheap? With almost 10 % Tesla (PE Ratio more than 200) and 6 % Zoom that lost more than 50 % of the market cap in less than 6 months? And that has competitors like Microsoft, Google, Amazon and Facebook? Let's see, I wouldn't touch the ARK innovation fund with a ten-foot pole....
The fund is cheap, but by what standard? After slashing almost 50% since its 52 week high, it is still worth 16 bil, and with a .75% expense ratio, that is a whopping $10 mil a month. No wonder she is worth so much! I wouldn't touch it.
i keep buying the dip and it keeps dipping.............
@@jaguppal187 of course, Katja does not tell that she keep buying crap until her funds disappear
Cathie can you now admit that your stocks were in a bubble last February? At that time you were vehemently denying it. Now they are down 50-75% which means the bubble has already burst
Not surprisingly, a lot of fanboys here who actually believe in Cathie Wood. She needs you all to buy her fund to support the bleeding outflow. You folks need to buy more to stop the bleeding!
I personally know of 3 corporations (in the range of 4-8K employees) that went head first with zoom in May 2020 and have now canceled their contracts. Why? Because MSFT is throwing in the Teams tool literally for free. Now, is Teams as good of a collaboration tool - in some ways yes, and in other ways no. But the point is cost matters in such cases when the incremental value for the alternative is not that high. I would love for Cathie to weigh in on the competitive landscape that’s dragging down the Zoom stock.
On the tech bubble comparison: Intel, Cisco and Amazon were serious companies in 2000 and have been leaders in their respective industries from then through to now. This didn't stop their stocks from dropping 85-95% when the bubble burst. It took Amazon stock 10 years to make a new ATH, while Intel and Cisco still haven't recovered 2 decades later. And these are the success stories. Even correctly betting on a handful of innovators that will lead us through the next decade could generate poor investment returns if it's not done at the right price. I think this is where Cathie finds herself and her funds today.
And yet, if you would have invested in Amazon along Intel and Cisco in a balanced basket of stocks, you would have outperformed the market drastically just because one winner overshadows all the losers in the portfolio. That’s the same principle with all growth stock focused funds like the Ark funds. If you only manage to get a few winners, they will win big and outperform the market, not even speaking of value stocks. And while we’re at it: a lot of the companies in the Ark funds burn money still, yes, because they are primed to do that. They do not want to make profits just yet but they have already proven themselves in their industries (DOCU, ROKU, TSLA, PLTR).
@@thelifeofpablo6626 Perhaps, if you hold your winners and let them dramatically grow. What happens when one consistently trims one’s winners as ARKK does?
For every successful company like Amazon, there were a hundred companies like Infospace.
@@dksculpture True, when using such an approach you need to let your winners run and even add to them over time. When you trim them consistently („rebalancing“) you weaken your performance.
@@Charvo75 well yeah, that’s exactly what I’m saying. That’s why you diversify and keep on to your winners
Should I sell my ARKK stocks before touching bottom?
That time of the month that we all very much look forward to. History will do you justice Cathie Wood for being a courageous visionary in the investment world!
For sure!
Keep drinking the cool-aid. The market will eventually speak. I am afraid this lady will disrupt a bunch of her followers portfolio. Right now she’s just giving you all a fuzzy feeling.
One hit wonders like in 2000, visionaries that went bust, history repeats itself.
If it’s history you’re basing your assumptions on she will actually fail.
U mean invitae won’t be a massive company in the future?
In China people greet each other by asking “having you eaten?” -if it’s around meal time. This is very different from asking “ do you have enough food?” This makes me think that Ark doesn’t talk with people who really know China.
Yes I cringed
Same. I don’t speak more than a few phrases of Mandarin (or any other Chinese dialect). But my wife speaks some mandarin and I do live in Singapore and so even I know what she was saying was misinformed and felt this was rather cringeworthy coming from someone like ARK.
With my limited knowledge on China its a bit concerning when I feel even I could correct them on this. Hopefully just an anecdote for the average retail investor watching who has 0 knowledge of China, and not a reflection of their actual knowledge on the subject.
Well done. Well presented. Well-reasoned. I Am with You Ark Invest. Don't bet against Cathie.
Or Elon! ;)
Oh dear. I wonder what she is saying today 21 Jan 22.
1999 tech bubble, 2021 Cathy Woods bubble
Also interesting how it is mentioned oil dropped from 86 to 62 back in November. But no comments on the current price $82/bbl right now.
All new ideas to a market are volatile, just like bitcoin and Cathie's stocks are doing the same. But one of the best ways to make money in volatile markets is dollar cost average strategies over the longer term with the understanding that new tech wins out in the end. You only need to go to the commodity markets such as copper, nickel etc to see that long term trends are just starting, so today prices are low, so Cathie is right.
I'll follow Peter Lynch's advice, instead of what she says. He's a real money manager, not sure what she is...
Arkk is sinking like the titanic. Goodluck to you guys. Like Warren Buffet said, most fund managers cant beat the sp500, Cathie Woods is no exception.
I invested everything I have when ARKK was $140. I am still on it. Not able to DCA as I don't have much money. I am battered and looks like a fool Infront of the family. But I am confident in you and I am sure I will have the final laugh one-day👍
imagine buying spy at 140
Long term 5-10 years. You are early!
Her investments are sound but most of the people that can afford
To invest in ARK will be dead long before they can enjoy its fruits. I suppose it is a good investment for family offices.
Ah yes.... we have all had such bad timing with some stocks, and we will all be OK when the cycle changes back into growth stocks.
Recently followed her and heavily invested in Roku, SQ, coin they are straight in hell. Also arkG . Good bye money. I dunno what to do. Lose the will to live it is depressing
"I hope you have enough to eat". great analysis. no wonder ARK stocks tanked so much.
I have only believed in two fund managers in my life, one being Cathie, the other being Warren Buffett. During 2020 and early 2021, folks were saying that Buffett was out of touch. Now, folks are saying the same for Cathie. Stay focused on the prize, ignore the noise.
🤣They're polar opposite in investing philosophy. One likes to swim in cash and other invest in dreams/fantasies. The middle of the road of the two would be Ron Baron - super humble guy and a top notch fund manager.
@@snoopcow They both invest in companies with good business models.
@@asd89898 does she really?
@@asd89898 oh come on, she throws money at possibilities! She does not invest in good business models.
Funny they are opposite
Amazing that she can just speak for 45 minutes straight. A true thinker!
I'm invested in ARK funds, but there is no easy way to say this. All of the ARK funds have crashed catastrophically. When your funds are all down 50%, 60%, or 70% from their highs less than a year ago, it's really, really bad, especially when the S&P 500 is only down 4.5% from its all-time high. The goal of any good asset manager isn't just to make the highest return possible, it's to make good returns in a consistent way and to avoid catastrophic collapses in value like we have seen in ARK funds.
trade high beta don't own it
Hasn't Cathie always talked about a 5 year time horizon for all her ETFs?
She’s stubbornly married to her beliefs. That’s why she doesn’t manage the funds in a way that is less painful for investors.
No it's not. It's never the job of the asset manager to reduce volatility, though they are often forced to do it and that's precisely what leads to short term thinking. Their job is to create long term growth. If you can't handle the volatility it's your fault. You can either go to the more traditional asset managers which PROMISE consistency (but don't deliver that either) or high Sharpe quant strategies, which anyways are generally not available to retail investors.
ANd i warned you guys for a year to get out and I got laughed at.
Inventory component actually fell in 3Q21 instead of building up. Pls look into the issue and make a correction.
I like Cathy because she is strategic, brave and long-suffering. A deadly combination for a good long term growth investor.
Except that she has been day trading like an average wsb user
@@nickname8668 In 5-7 years we will see if she is the GOAT or just over ambitious.
Lol brave
you didn't even spell her name correctly
@@alexfosterroman Bro you are so right, because I used a similar spelling of "Cathie" to refer to her, all of her validity is now gone ;) What have I done haha
Cathie, you always say you share your research, but I never see ARK publishing research showing your valuation of specific companies. For example, what do you see as a fair price for TDOC, and on what do you base that evaluation? Same question for the other companies in the ARK funds. Thanks.
I am all-in on innovation. For some reason I’m not worried about the recent downtrends.
Thank you, Cathie, for sharing your insights at this market time. It does give me faith and strength to be patient and focus on the long-term reward. Thank you!
I look forward to this every month now. Thank you!😀
Really enjoyed Cathie's incredible overview of the hits in the market. Always been a big fan. Her point on China's greeting @35:10 is totally wrong though. Chinese "Hello" just means "Hello" and does not mean "Hope you have enough to eat".
Thank you Cathie, you continue to be one of the very few that gets where we are heading.
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Hello Cathie, I am a Chinese living in Europe and I have been following your channel for several months. I suggest strongly that you get someone who can help you analysing China better, someone who can speak Chinese. Because what you said in your video about China doesn't make any sense at all.
Rooting for you Cathy. Youre gonna smash it soon!
“We are all in” sounds like a poker player on the loosing street.
Just because a stock is going up doesn’t mean it’s a good investment. Just because a stock is going down doesn’t mean it’s a bad investment. there's more to a stock than just its stock price. An entire company more. focus on the company, not just the stock price. ever grateful to my F.A *Janet Estes Cobb* ……I made over half a million from TSLA, GME and NVDA.
Consistently investing in quality dividend paying companies over the long term is a relatively easy strategy to create generational wealth.
They are overvalued right now
ArkG investor. my question is do you have an analyst that really understands what is going on with the fund's holdings. Or is this just a roll of the dice and the hope that a couple of them stick.
Great commentary on the market, as always. I really enjoyed the blog post in mid-December and I'm looking forward to a great year!
Great commentary it serves her but her clients expect yearly income period.
2021 was not a good year 4 ark invest. Don't now why some people see ark as the guru for finance
But she is at danger of more outflow if TDOC doesn’t pick up.
cathie wood screwed you and your channel🤣🤣🤣🤣
All her stocks are basically straight in hell now not sure what to do about it.
this fund is already finished.
I can personally see some of the changes she talks about. I work for an engineering company in the south and prior to covid meetings were around 10% Zoom vs 90% in person. Now we're at 90% Zoom vs 10% in person. And I'll point out covid restrictions are at a minimum where I'm located. So I can see the Zoom meetings are here to stay as the preferred method. My 2 cents.
ALL IN $ZM
Same at my company
Thank you Ms. Wood & Co. for providing your valuable analysis briefing non gratis to us youtube listeners.
All the best for Ark Invest in 2022.
Fantastic info sifting through a lot of confusing and contradictory news releases. Defining the true bubble, pinpointing raised inventory hush-hush, and suggesting fed jaw-boning has brought sense to the mess - tysm!
Thank you for calming tech fears.
God Bless you, happy new year, and keep up the good work.
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Corrections: the typical traditional greeting for Chinese is “Have you eaten yet ?” It is a greeting which shows concern for your guest coming to your home - before you serve him/her some home cooking if she hasn’t eaten yet after travelling to your home to visit you.
Thanks ARK team and Cathy. With a sizeable portfolio in K, G, W & F, it's great to revisit why I bought these and hearing from you is reassuring given current markets
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Me too. But it hasn’t been pretty. I'll hold for years, and hope it plays out ok.
@@zh0006ng source?
@@thefish5861 Hope is a great investment strategy.
Why do I feel much better when Cathie is talking? She’s very reassuring and comforting. I become fearless with you😀 More power to you Cathie!!!
Cathie’s still a rock star. I’m holdin onnnnn. We shall laugh last and loudest!
I have no doubt that a lot of the flack you receive from the mainstream media Is a direct result of your refusal to leave us in the dark and go along with the narrative. I think your right and I’m invested accordingly, but even if it turns out that you aren’t I just wanted to say thank you for having the integrity to do what your doing.God Bless you and your loved ones, I hope you have the new year you deserve.
If TDOC has billions in revenues and 60% gross margins, why is it not making a profit? There seems to be something wrong.
Energy cuts across every sector of the economy. Because of net zero mandates, there is eeduced fossil fuel supply (baseload electricity and primary fuel for transportation) leading to sky high energy prices.
Furthermore, the reduced supply of natural gas is leading to a food crisis because natural gas is the primary feedstock for ammonia used to make fertilizer. To add fuel to the fire, weather is not playing ball - major agricultural commodity countries (brazil, chile, argentina) are experiencing adverse weather conditions. This has led to high prices in staples - soyabeans, wheat and corn.
So, demand doesnt necessarily have to be high (low money velocity) for the inflation to be sustained.
Ark so far is my worst investment in my IRA, arkQ is only down around 14% the rest over 30% down
5 years
@@zachnunya8749 5 to 7..
Volatility cuts both ways. And these ETFs are more volatile than many individual stocks. Time in the market ... what the other guys said. 😀 At this point in time, if your inclination is not to either hold or buy more, you may want to rotate into something else ... once the market comes back up ... which could take a while.
I sold out of all ARK funds. Better to just identify the top winners and invest in those directly. Just to much buying and selling for my taste. Rather just DCA into Tesla, square, google and a few others.
It's a long term investment.
I cannot say this enough Ms Wood -- your open source approach to your research is very refreshing and truly appreciated as you had mentioned in your video. it's for that reason that I'm still on this train. thanks for this video.
The issue with new tech is that they are practically unaffordable and with a high inflation, discretionary spending will utterly collapse. There is a demand side that is always badly assessed. They didn't see the demand when we were going into the pandemic and they are overestimating coming out of it as well. Auto prices will not be coming down anytime soon. New model launches are all EV's and as such have priced most people out of the market. So used car's value will grow simply based on affordability factor alone.
According to the owner of the company I work for, this single quarter has been more profitable than the last 6 combined, all thanks to "inflation." Which is to say, he heard there was inflation and jacked our prices by 25%, then blamed inflation. I have to assume this is not uncommon.
The Fed mistakes was implying that inflation was just a few months of increased prices due to supply chain issues. What they didn't anticipate was a workforce rebellion that will permanently keep prices higher. So companies have two choices 1) accept higher payroll cost with reduced profit margins (not pass increased labor cost onto finished product & thus help to control inflation or 2) accept the Fed intervention with higher interest rates to cool economy and attempt to limit any further product price increases. How investment community digest that reality long term will take years to play out. If this was purely a supply chain issue than I wholeheartly agree long term outlook is deflationary but workforce refusal to keep status quo on wages was a game changer that will be felt long term.
This.
Well said
FED was trapped to lag behind mainly due to too high debt to GDP as 1940s'. ARK is floating with the money flood by FED.
Or
3. Accept higher cost and pass them on. It's what I've done.
How come you missed that option?
@@andrewsaint6581 If _everything_ gets more expensive, wages have to follow. Else people quit. Which does the full circle of OP’s argument.
i heard ark sold his entire position on skillz? was it a mistake to buy it ?
Thanks for always taking the boldest and the bravest move toward growth and innovation companies, but most importantly thank you for sharing your thought and insightful insights and research.
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Hey Cathie, very interesting, particularly your comments about China. Just a note: That Chinese greeting (ni chi le ma?) is a hangover from the days before and during the 'Great Leap Forward' when for most Chinese, getting enough to eat was a primary concern. That's an old-fashioned saying, not a reflection of their current economic situation.
[Dog drinking coffee while house is on fire] "This is fine."
My investment in ARK is down 46%. I was tempted to say screw it and get out.
I don't know of another fund that takes the time to post a video explaining their reasoning.
After watching this I think I'll hold.
Expert of "buy high and sell low" and "buy low and sell lower"
ill start buying arkk around 60
I love how her hair litteraly matches the drapes. Cathie has talent and style with her interior design as well as portfolio design. (Except for draft kings like wtf has an online casino got to do with anything)
They are doing the best job of eliminating physical casinos, one aspect of that is their budding partnerships with all the metaverse plays.
Thanks so much, casinos where I live have all closed and now online is the only place to play. Was thinking of how I could get exposure to online casinos other than thru legacy companies. Draftkings could be a great way to play the trend but I do believe I remember hearing they were bleeding cash. Promos and stuff to attract customers are big expenses in the competitive online gambling space.
@@filthyfinancials1622 yea my critic is not the business model or profitability but that most of her innovation stocks are in ground breaking tech that will bring huge net benefits to society. Whereas online casinos are basically the opposite of that. Why get your hands dirty with such a crappy business when you can make equally great returns with better companies. Casinos are a parasitic entity ultimately the more successful they become the more they bankrupt their clients, I prefer businesses that actually aggregate value to clients not just the shareholders.
C Wood blamin the algos lol. love it
Huge respect for this Cathie. Love your work and approach. Thank you.
Cathie can you please include citations for your data in future videos?
Ford sells 800,000 F series pickups every year in the US, replacing all of those with F150 Lightning Trucks would cause the stock to skyrocket, yet it has no tangible benefit to Ford's bottom line since they already do that business now. I don't understand this electric car bubble, you cannot justify these valuations with just selling cars whether they're electric or gas.
The benefit for fords bottom line is that ev's are the way of the future and the quicker they get to the market with a full ev line, the more competitive they will be in the long run. They are way behind tesla. Everyone is. No car company wants to be viewed as the last dinosaur
Thank you Cathie appreciate the dedication to informing your investors on the market. I’m buying during the dip🙌🏾
This woman is good for marketing not investing, go read some books
Hats off to her coming out and talking about the individual stocks crashing specially her big holdings. No other CEO does that.
Great video Cathy.....you have skin in this game, just like all of us...!!! Loved it...keep it up!!!!
I love this woman she is the only person who can explain this stuff
Thanks for the update Cathie. Whilst I am not an ARK investor, i find your updates very interesting and the transparency you show is to be applauded. You also make a very strong case for the innovation space and i think it will be proven to be successful in the long run.
Inventory component actually fell in 3Q21 instead of building up. Hope the team looks into the issue and makes a correction.
Great Analysis Cathy. My Take Away is If the demand for lightning increases, It follows that the demand for the ICE 150 would decrease. If they can not meet the lightning demand it does not mean that they will be able to sell ICE instead. This is truly the time for the Cyber Truck to surprise.
this is 2000 heading into 2001. bottom in 2003. so i'll buy in 2024.
Ark Invest so far is the most transparent. 👍
ARK = -50% for last year SP500 = +25% for 2021 . This kind of speaks for itself. All the "intellectual analysis" and "calm, cool, collective" thinking is meaningless. Performance is all that matters.
She will massively outperform the s&p over 5 years you're looking too short term
@@superperior ARKK cannot unwind most of their positions without creating a death spiral of stock price. Those continued purchases of unprofitable stocks is what elevated the gains unnaturally and without continued artificial support they are destined to fall. Fall continually and fall hard. You're looking at another 50-60% decline in 2023 unless they start liquidating whole positions, then you could see up to 80% loss. Being a ARKK investor today is the absolute worst position an individual can be in. Good Luck.
I think Kathy is doing PR damage control! So many words for saying very little. She is speaking of macroeconomic data that cannot be predicted, she may be right or she may be wrong, but that doesn’t mean much.
Safe to say this crazy lady was wrong she just can’t admit it. Ego too high.
Cathie do you what do you think about Alibaba? is it overvalued? If its not why doesn't ARK invest into it? Thanks
depth of value is always a case-by-case scenario. i'd suggest staying away from statements like "innovation is in deep value territory" to avoid any problems. some innovation names may be in deep value territory, but i'd be shocked if that area is broadly even in fair value territory, let alone deep value.
I'd suggest staying away from stating that innovation is in fair value territory to avoid any problems.
Focusing on fundamental analysis solely is what I like about Cathie. Some reputed research providers have lately created confusion with their fundamental and technical analysis as they are pointing to opposite directions. The sentiment is so negative and it seems the market players are determined to penalize growth stocks further. I hope Cathie is proven right that the correction will won't last long.
When Cathie runs off with her fees in 5 years and all you commentors below suffer massive losses I'll revisit this thread.
Great perspective on what is going on under the hood. She makes a great point about TDOC and ZM and comp comparisons. This is the last quarter
"We're all in and our conviction couldn't be any higher"
Great commentary on the market! I love your firm and I'm ARK long and strong - happy New Year let's get after it in 2022!
Great attitude! About the best fund manager there is, not to mention the team around her!
I don't invest in ark funds but as someone in the tech industry listening to her talk, she seems very well informed.
Been nervously waiting for this video all week while holding the bag
🤣🤣🤣 this is the best comment!
@@kalatitati8795 hahah
Cathie you rock! I waited OVER A YEAR for these bad boys to plummet and have taken full advantage! Appreciate all your insights, thank you!!
This is the time to stay strong, Cathy. It appears that you have many enemies, and they’ve all been coming out of the woodwork lately.
Even Cramer, of all people, appears to be in cahoots with other entities that hope to take you down, for whatever reason that may be: whether it is monetary or pure envy.
I just want to let you know that I stand by you, and am prepared to go deep into the trenches with you. I believe in your vision and will not capitulate. I know that the arc of this story will be fully realized in 5 years.
Keep up the great work Cathy.
they'll be punching their faces soon and try to change the narrative.... as always.
Yes Cathie, the market is focusing on companies that actually make money and have a history of stable earnings and dividends...