Thanks for watching everyone! Just a quick thing I need to say looking at select few comments - while it’s fair to criticize, misogynistic comments won’t be tolerated by moderators.
@@talk2thoran anybody can be a misogynist, he’s just saying comments with conscious sexism (misogynistic hatred) will be deleted. You know, it’s the same as bigotry, which is conscious racism.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street promoted "quality stocks"-those with strong profitability and low debt-as a form of protection against economic uncertainties. However, these stocks have lagged behind the S&P 500 this year. My $200,000 portfolio has declined by about 20%. Do you have any recommendations for improving my returns?
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $90,000 short of half a million in profit.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
You forgot one important thing. Cathie bought ~14M shares NVDA at $15-18 per share on Q2'2022. But then, she sold about 60% of that in Q4'2022 at ~$14 (a loss). Then subsequently sold about 3.5M more NVDA shares through 2023 for an average selling price of ~$36. AI visionary that forgets to bet on *the* AI stock.
Cathy Woods is absolutely” disruptive” I totally agree there are many people who thought they were going to retire and now they have to work till they Are at least 85 years old
I personally think the ARKK crash is the lost decade or more. Just like the Japan crash which took 30 years to break even. COVID was a very rare event where unlimited money was printed and speculations like NFTs are being bought up like it was nothing. It is going to be extremely rare for another unlimited money printing speculative bull run. IF a recession or a financial collapse happens, ARKK stocks will do even worse
@@typhoon320i If you give me 10 billion at age 18 and 40 years, I can make you 10% per year. No rocket science. Hiding behind 9 months while it's clear she makes wrong decisions in that short time... Everyone can look smart in the long run.
Their strategy is to invest in small companies, pump them via their strong marketing to increase the fund value and ultimately draw more money into it. As said their incentive is the 0.75% annual fee, not the companies or valuations, they are just a mean to attract more investors into their funds.
Cramers a gangster.His 9 am show with cnbc is total nonsense.He bloviates incoherently and nobody steps in to stop it.They just let him ramble.Its his mercurial genius act.
Don Buffet and Lord Munger. He was and is right. Thank God I figured it out before 30. Keep it simple. Don't chase cigar butts even if you're good at it. It's exhausting.
@@nicholasgutierrez9940Buffet is seriously capped by size though. Us retail investors actually have a massive advantage over buffet by having small amounts of capital
She got lucky as an investor. She hit a wave of massive money printing. Almost anything did well. Even if it was terrible. People touted her as a female investor and she gained notoriety through it. I am sure there are lots of great female investors out there. Is Cathie one of them? Only time will tell. Remember in the short term it is a voting machine. Long term it's a weighing machine.
Pump and slump. More seriously, I remember my boss saying (more than 50 years ago) "Anyone can get lucky, but it is a tragedy if they then confuse being lucky with being smart." It's a different world today - but I still prefer companies that actually make regular profits.
I started investing on 2020 with zero knowledge, back then I was impressed with her results and on how "smart" she was. But later I started reading about finance, watching youtube channels with focus on value and quality investment, and I realized how wrong I was and how dumb she is. Thanks for the great job you do
I've probably listened to 100 hours of her speaking, and read the kate 2 years of their big ideas. She isn't dumb, she is much smarter than you or I lol you calling her dumb is amazing. She's just ahead of the curve and sometimes being too smart is a bad thing. When most people are like you and want to invest in Coca-Cola, she's investing in robotics and gene therapy. Your comments would be the exact same when someone told you 25 years ago to invest in Amazon and Google... even Warren buffet thought Apple was a bad investment before he finally figured it out.
@@thanks4that261 maybe I shouldn't call her dumb indeed, that was my mistake, then just lets say I don't agree with her approach. And just let the time judge whether she is right or wrong in her investing style.
In 500 years of watching UA-cam videos you would never gain as much knowledge as her. She’s incredibly intelligent and experienced, she’s just been wrong and unlucky more than most
@@sticklebacketienne Sure. Maybe you should invest all your money in her fund and we talk in 15 years on how it goes. If you read all the comments I already said it was a mistake calling her dumb and specified I don't agree with her investment approach. Have a good day
If she actually believed the price targets she set for Tesla herself, then it would not only be 10% of the ETF. It feels a lot like one big pump and when you can pocket fees without making gains then it does not really matter for her if they perform or not. She made enough money for her life in a few years when the hype was at its peak.
Aren't the clips in this video from before both of Tesla's stock splits? If so, multiply current price by 15 and you'll find some of her 5 year price targets have actually been too bearish. The issue is she can't claim to be a fund with utility if Tesla is the whole portfolio or people would just buy shares themselves. All money managers need to trick people into believing they provide value; that's their entire business even though almost none beat an index fund and are objectively bad investments.
You said she lost $7.1 billion but isn’t ARKG - Ark Genomic also hers ? Adding another $4.2 billion in losses totalling $11.3 billion putting her as the leading wealth destruction CEO.
Think of all the stock sellers that money was transferred to. Some people unloaded their stocks onto ARK before they went into the tank. They're opening champagne bottles.
She is the lone queen on that list by a huge margin. Almost everything else are just Inverse passive funds. Just shorting Indexes without a fund manager.
and place 1 and 2 on the wealth-destroying funds list are 1) an ETF betting against big tech and 2) an ETF based on market volatility, which went down since covid, of course. cathie, that's some dedication right there!
Can we all just agree she talks out her rear end and tries to basically advertise for her funds by showing up all over and putting ridiculous speculative price points on things. That is scamming. Its like a boiler room tactic.
I think you summed it up pretty well keep up the good work. Just as a side note ARK from 2020 has gone from $45 aprox to 2024 $45 aprox and Berkshire B in the same period has gone from $160 to $460, I think i know were i would rather be.
I did not get wiped out because I realized quickly that you could only lose money investing in ARK products, but when I started investing my own money in 2020 I held her products until I read Benjamin Grahams book the Intelligent investor and began following Warren Buffent and Charlie Mungers books and advice. In 2021 I realize that her ideas did not align with my new understanding and I began seeing a decline in my ARK investments even though I was trying to protect myself with dollar cost averaging. I think I lost about 10% and was furious. I jumped out of everything and started complaining on videos that were still hyping up Cathie Woods. Some idiot told me that investing is about buying and holding for the long haul and that I was an idiot for taking that loss. Those ETF's went on to lose 70% more. His comments did not age well and I am glad I stopped going down that fooliship path. I now follow Graham and Buffets rules even if I don't think they are all that sexy or exciting. I have only gained money since.
@tHebUm18 yeah he's been shorting everything for the past 15 years and has been wrong 99% of the time. He's been shorting s&p500 all year and it keeps making new all time highs
who thinks she's a genius at this point. Her recommendations tanked years ago. That isnt to say none of them will recover, but certainly not to the degree it would compensate for all the loss.
For me she is a "pump and dump" kind of "investor": she keeps saying that Tesla will go up unrealistic numbers but she sells when Tesla shares gets momentum, wait for dips and buy again if cheaper....
Change that Queen card to the Joker. I told friends not to invest into ARK, but no one listens when they’re going through a state of euphoria. The only thing that teaches some people is the pain. 😅
To be fair, she’s not even the worst offender in this realm. The SEC makes noise now & again, but they are plainly toothless. Their petty fines are nothing but the cost of doing business to the targets.
@@MarcusSmith-g1ltrue, plus the stock prices always being in the thousands seems odd since a company like Apple would do splits to keep prices more affordable🤔😏
I started my investment career in speculative mining and cleantech stocks and then to pension/endowment to learn how to keep the capital for the long-term. I don't think Cathie is a fraud. She is just presenting a different type of investments (venture) to people who are willing to take the risk, hopefully rich people who can afford to lose. it's like gold rush days. people come to find gold and the risk is high. i would say, if she had been more careful in selecting high-risk venture stocks, she would actually come out ahead. you just need one Tesla to counter 99 stocks that went to zero. but have to WAIT for decades for Tesla to become Tesla just like Warren Buffet's style. I actually learned to calm myself down and invest like Buffet by watching your chanel. Thanks.
Chance of making money in the long term (5+ years): Stocks: 75% Cryptos: 40% Lottery: 0.01% Ark Invest: 0.0000001% That .0000000001% I've mentioned is only for investor's satisfaction, not in reality it happens!
Her strategy is basically inverse interest rates. Buy her fund when rates go down, go short when rates go up. There is no difference trading interest rate swaps, or ARK invest funds. Its basically the same thing.
She bought ACHR, U and RKLB in February. She's currently up +120% on RKLB and down -33% on the other two, so +13% total if the buys were equal weighted. S&P would be around +22%. It's interesting how some speculative bets work very well, however I rather have a consistently higher win rate because even the best gambles don't seem to help you outperform when you're holding a basket of mainly losing investments. Her time horizon seems to be five years, because it's short enough to keep investors interested and long enough no one will remember.
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I got 5 of her stocks in ARKK. 1 was just buying in the moment. 4 was looked into and decided it does have some advantage. The 4 stocks are up and the 1 buying for the moment is down.
I invested in ARKK during 2020 craze and I also followed Cathie’s talks during that time. She is certainly well researched and well spoken and has a decent track record. However, I agree that her performance on ARK has not been nearly as good as she speaks. I still have 3.5% of my portfolio invested in ARKK @$40 per share. I listen to her podcast every month called In The Know which is quite informative and is not all fluff. There seems to be some method to her madness. I will keep the investment for longer term in the portfolio but may not add to it anymore though. But I have to say that I thoroughly enjoyed your video. Thanks for doing all that you do, Brandon.
I remember when she was flying high, and she was being interviewed by a woman reporter, with Bloomberg. The reporter was so smitten with her, I realized, there was this cultic like adoration. I realized this is too good to be true. So many had to be caught up, into the winds of a cultic leader. When you see people doing that, you know the ride is about over.
I agree with your thoughts on ARK Invest, not a safe bet! I invested in ARKK and bought at top, but I did put a lot of money in it. Down too much to sell now. Once I am green or break even, I am OUT!
Peter Thiel says in "zero to one" that investing in many companies that have a low chance of getting a large share of a large market will at first result in losing a lot of money, but will later on pay off very well. Because you lose all your investment in the companies that don't make it and you get a huge return on the few that do make it - that's kind of my take on this. Btw. I'm not invested in ARK, so that's a pretty unbiased take.
Thar is true for the pre ipo type investments he has. By the time something has hit the stock market it is most likely overpriced and will need a while to justify valuation it already has.
Regarding her claim that Tesla could go to 2000 or 2600 with a year projection - Now I don't know when she made those projections, but - Tesla have been split twice since 2020. So to get a comparable price if she made her projections before that, you would need to multiply current price by 15, meaning the price now would have been $3450 if not split.
I was in these funds starting in July 2020 and I started geting out of them in 2021. The problem I saw was I rode them to the top in February 2021 but alot of hype about how great the companies were and the nonsense she was spewing about how disruptive innovation companies were going to " metabolize" the s&p 500 caused me to freeze in fear I stead of selling g lit and getting back in the s&p 500 for a tidy profit. Lesson learned don't mess around with just buying and holding s&p500 index etfs.
To be fair SPY just is the S&P 500. So a high fee would be super dumb since they don’t have to do anything really, vs the ARK fund which is directed. Would be better to compare to some vanguard ETFs
Cathie Wood was just lucky. Like I wouldn't give my money to a lottery because they have won it once and is therefore autimatically an "expert" at picking numbers, I wouldn't give Cathie any of my hard earned cash - she's just another lottery winner.
Just a sales machine. The thing to remember about these active manager funds is that some of them will be correct at any moment in time and it's these ones that get fawned over by the press, the others are discarded. Remember, even a broken clock is right twice a day!
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
AI stocks are poised to dominate in 2024. I favor NVIDIA for its strong long-term growth potential and its support of other AI companies. Someone I know gained over 200% with NVIDIA, but I'm also open to considering the other recommendations you've provided.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Excellent content Brandon. Balanced, objective and fair. Well researched and presented. You should be proud of the quality of your content these days. Well done mate.
yes you are right Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effective profits.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to sule michelle for I and my family
Maybe at some point people learn that a long term investment in a major index fund may have been the better alternative. But a lot of people seem to enjoy the excitement and massive short term gains rather than a boring index fund. Sure, you can invest short term in these kind of active managed funds if you know that it's a short term investment and pull out your money if you made some money. But people get greedy, have emotions like hope and deny realtity and stay in these funds that may never return to their all time high while index funds do in the long run.
People think there is strength in numbers and it is better to speculate in a group. She provided the group. In truth anyone could of bought the same things she did for themselves but speculating on your own always feels more dangerous no matter how irrational.
I remember looking into Arc Investment when they first became popular in the media, and I wasnt sold on their strategy at all. Cathy never inspired me in any way, and I had an underlying gut feeling she was running in an optimistic but also unrealistic direction. Sometimes you have to listen to you gut feeling rather than pure technical analysis of an investment, since ultimately its the people driving the invetment strategy you are betting on. In this case I chose to opt out, and this was the right decison.
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you Cathy. You talked me into buying Tesla at 14.00 per share. Now, I am able to retire. I now work by choice, not necessity. She invest on five year time horizons. Everyone who criticises her seems to invest on a quarterly time frame.
So she called out 1 in 10 tech companies going to do well. You could as well buy a lottery ticket. There is a saying: even if a clock is standing still, the clock shows the exact time twice a day. Every fool can be right if he calls out all tech stocks and claim all of those will go up: some of them inevitably will go up.
But the problem is she always says the 5 year investment horizon. Once 5 year is up and the stock is still in the toilet then she move the goalpost to another 5 years. Rinse and repeat! Congratz on your early pic on TSLA. I invested in ARKK, not much money but down quite a bit! Loss too much to sell now. Once I am green or breakeven, I am OUT! Cathie has no capital preservation strategy.
It would be more interesting to see the growth of the capital invested in her fund to the return of the fund. That is the ultra damaging comparison. 34B at peak almost exactly when the slide started.
cumulative return since ARKK's inception in 2014 is 179 percent vs. VOO's (index fund tracking S&P500) 250 percent over the same period. ARKK charges 0.75 for fees vs. VOO's 0.03 percent.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Miller.
I think investable disruptive technologies should have a clear case for the new tech allready being better then existing tech. Examples vidoe streaming vs discs - Netflix online shoping vs traditional retail - Amazon Music streaming - Spotify You also want to invest in market leaders with a proven managment tream. The stock I think meets this criteria right now is UI path.
Within 3 years assistant economist then made chief economist in another company. Basically promoted out of competence and never challenged because of DEI.
i like mining stock with debt to equity of less than 1:1 and a regular dividend. you know, the type of companies that have been going concerns for a really really long time and while nothing is guaranteed, are more likely to continue to be going concerns for a long time to come, operating with that sort of a balance sheet, in the volatile boom and bust mining industry.
I've brought this up in other financial youtube comments and I always get attacked for bashing ARKK. I try to show them the light but if someone insists on losing all of their money, I guess there's only so much I can do to stop them. My biggest issue with ARKK is the fact that they charge 1% expense ratio which is absolutely ludicrous for any fund that underperforms the S&P, forget one that straight-up LOSES money over the long term. Like shouldn't the SEC intervene??? Lmfao
Curious... you are comparing fee structure of Actively managed ETF vs. an index ETF on fee differentials, shouldn't actively managed structure charge more fee in nature?
I will share this with everyone there is nothing that is certain and forever... Life is constantly changing and moving and you have to move and adapt with it and so does your financial choices.. never be married to anything... Everything is speculative and everything is risk versus reward... Pluses and minuses.. most basic advise you could ever hear and still holds true, just buy low and say high...
There are so many way to do speculative move, I agree that paying 0.75% is really expensive to do so based on the risk exposure even if rates will be cut soon.
Thanks for watching everyone! Just a quick thing I need to say looking at select few comments - while it’s fair to criticize, misogynistic comments won’t be tolerated by moderators.
Are the moderators misogynists?
Can you please moderate the insane amounts of spam or work out a way to prevent these same scammers from advertising on every video?
Cathie Wood ? ? ? She was the one who kept saying the inflation is 'transitory' 2 years back. LOL.
@@talk2thoran anybody can be a misogynist, he’s just saying comments with conscious sexism (misogynistic hatred) will be deleted. You know, it’s the same as bigotry, which is conscious racism.
@@SimoniousB I'd prefer that such opinions not be censored.
Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Wall Street promoted "quality stocks"-those with strong profitability and low debt-as a form of protection against economic uncertainties. However, these stocks have lagged behind the S&P 500 this year. My $200,000 portfolio has declined by about 20%. Do you have any recommendations for improving my returns?
Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.
Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $90,000 short of half a million in profit.
Mind if I ask you to recommend this particular coach you using their service?
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
You forgot one important thing. Cathie bought ~14M shares NVDA at $15-18 per share on Q2'2022. But then, she sold about 60% of that in Q4'2022 at ~$14 (a loss). Then subsequently sold about 3.5M more NVDA shares through 2023 for an average selling price of ~$36. AI visionary that forgets to bet on *the* AI stock.
This.
Yup. I still wonder why she would sell the shovel maker (NVIDIA) during a gold rush
Cathy and SoftBank are competing to see who can lose the most
She’s a massive fraud and must pay big to maintain her media image
THISSSSSS hahaha she got out a quarter before the rocketship took off. LOL
The most perplexing thing about Cathie Wood is that SoftBank hasn't hired her.
Hahahaha
Clean up the phishing spam on your videos. I've reported 3, the top 3 comments on this video.
Bro....
😂😂😂😂😂😂😂
You right with her, they could lose even more money FASTER than ever
Cathy Woods is absolutely” disruptive” I totally agree there are many people who thought they were going to retire and now they have to work till they Are at least 85 years old
@marccappelli4414. I'm one of them.
She sold Nvidia just before it exponential. Many bad calls
he is still rich though, thats the most important. Hahahah
@@neilreid9005well done.
😂
She is the Raygun of investing!
Best comment, lmbo!
Some people just fail upwards.
Ouch, that would hurt. 😜
Damn lol
🤣🤣🤣!!!@@sammyrex5621
It’s crazy how ARKK is down 20% year to date while NASDAQ and S&P500 was up 20%, at all time highs YTD
It's crazy how you think 9 months should be your yardstick.
@@typhoon320ihow about 0% over 5 years while the market is in an absolute bull tear while also generating incredible beta?
@@typhoon320iHow about 5 years? Nasdaq 100 up nearly 150% and Arkk basically breakeven.
I personally think the ARKK crash is the lost decade or more. Just like the Japan crash which took 30 years to break even. COVID was a very rare event where unlimited money was printed and speculations like NFTs are being bought up like it was nothing. It is going to be extremely rare for another unlimited money printing speculative bull run. IF a recession or a financial collapse happens, ARKK stocks will do even worse
@@typhoon320i If you give me 10 billion at age 18 and 40 years, I can make you 10% per year. No rocket science. Hiding behind 9 months while it's clear she makes wrong decisions in that short time... Everyone can look smart in the long run.
Their strategy is to invest in small companies, pump them via their strong marketing to increase the fund value and ultimately draw more money into it. As said their incentive is the 0.75% annual fee, not the companies or valuations, they are just a mean to attract more investors into their funds.
"Now I am become Cathie Wood... the destroyer of wealth"
Not to be pedantic....but the transferer of wealth. In this case, to the people who unloaded their stocks onto the ARK fund.
Me after blowing my funded account "Now I have become Cathie Wood, destroyer of wealth."
- Kein Reichtum kann meinen verlassenen Zorn überleben
Inverse Cathie Wood and Inverse Crammer had always been the best play
Cramers a gangster.His 9 am show with cnbc is total nonsense.He bloviates incoherently and nobody steps in to stop it.They just let him ramble.Its his mercurial genius act.
Except for PLTR
@@neonomad1939agreed.
Always good to see Brandon talk about the reality of people who dont follow Buffet’s way.
Don Buffet and Lord Munger. He was and is right. Thank God I figured it out before 30. Keep it simple. Don't chase cigar butts even if you're good at it. It's exhausting.
@@joefer5360Amen brother 🙏🏼
Buffet makes like 10% average, same as the broader market. It's not that hard, but people seem to think they can do better doing random bs.
@@nicholasgutierrez9940Buffet is seriously capped by size though. Us retail investors actually have a massive advantage over buffet by having small amounts of capital
Boomer Buffett desperately trying to stay relevant
She got lucky as an investor. She hit a wave of massive money printing. Almost anything did well. Even if it was terrible.
People touted her as a female investor and she gained notoriety through it. I am sure there are lots of great female investors out there. Is Cathie one of them? Only time will tell. Remember in the short term it is a voting machine. Long term it's a weighing machine.
Time allready spoke.
@@baffinsansterre so the finish line for time is now? You can make data say anything, if you get to pick the start and finish point.
@@typhoon320iYou made the most important point by your comment. You just laid out the holy grail of data analysis criteria.
It is as if trillions of dollars got handed out regardless of goods and services in 2020? Strange.
She and masayoshi son are the same. spectacularly lucky fools
Pump and slump.
More seriously, I remember my boss saying (more than 50 years ago) "Anyone can get lucky, but it is a tragedy if they then confuse being lucky with being smart." It's a different world today - but I still prefer companies that actually make regular profits.
Impatience destroys wealth.
And lies accumulate wealth.
I started investing on 2020 with zero knowledge, back then I was impressed with her results and on how "smart" she was. But later I started reading about finance, watching youtube channels with focus on value and quality investment, and I realized how wrong I was and how dumb she is.
Thanks for the great job you do
I've probably listened to 100 hours of her speaking, and read the kate 2 years of their big ideas. She isn't dumb, she is much smarter than you or I lol you calling her dumb is amazing. She's just ahead of the curve and sometimes being too smart is a bad thing. When most people are like you and want to invest in Coca-Cola, she's investing in robotics and gene therapy. Your comments would be the exact same when someone told you 25 years ago to invest in Amazon and Google... even Warren buffet thought Apple was a bad investment before he finally figured it out.
@@thanks4that261 maybe I shouldn't call her dumb indeed, that was my mistake, then just lets say I don't agree with her approach. And just let the time judge whether she is right or wrong in her investing style.
It's called being a woman
In 500 years of watching UA-cam videos you would never gain as much knowledge as her. She’s incredibly intelligent and experienced, she’s just been wrong and unlucky more than most
@@sticklebacketienne Sure. Maybe you should invest all your money in her fund and we talk in 15 years on how it goes. If you read all the comments I already said it was a mistake calling her dumb and specified I don't agree with her investment approach.
Have a good day
If she actually believed the price targets she set for Tesla herself, then it would not only be 10% of the ETF. It feels a lot like one big pump and when you can pocket fees without making gains then it does not really matter for her if they perform or not. She made enough money for her life in a few years when the hype was at its peak.
Good point
You realize arkk is an etf right?
Aren't the clips in this video from before both of Tesla's stock splits? If so, multiply current price by 15 and you'll find some of her 5 year price targets have actually been too bearish. The issue is she can't claim to be a fund with utility if Tesla is the whole portfolio or people would just buy shares themselves. All money managers need to trick people into believing they provide value; that's their entire business even though almost none beat an index fund and are objectively bad investments.
You said she lost $7.1 billion but isn’t ARKG - Ark Genomic also hers ? Adding another $4.2 billion in losses totalling $11.3 billion putting her as the leading wealth destruction CEO.
Yeah, you are correct 😊
Think of all the stock sellers that money was transferred to. Some people unloaded their stocks onto ARK before they went into the tank. They're opening champagne bottles.
She is the lone queen on that list by a huge margin. Almost everything else are just Inverse passive funds. Just shorting Indexes without a fund manager.
But she banked her management fees didnt she ? Net worth probably well into eight figures-and you wonder why people are skeptical of Wall Street ?
@@davidstud3952what is an inverse passive fund ?
I think we should extend our gratitude to people like Cathy for redistributing their wealth to the market. Thank you Cathy!
She didn't distribute her wealth. She distributed other peoples wealth.
@@wizzyno1566to her rich billionaire friends
and place 1 and 2 on the wealth-destroying funds list are 1) an ETF betting against big tech and 2) an ETF based on market volatility, which went down since covid, of course. cathie, that's some dedication right there!
I just keep buying VOO. Seems to work out pretty well.
Right on
My best return is from Walmart.
@@draoi99 that’s great, but it’s overall return that matters and I hope that’s great too
VTI here, index funds and ETFs with low expense ratios outperform the popular kids in the long term.
Can we all just agree she talks out her rear end and tries to basically advertise for her funds by showing up all over and putting ridiculous speculative price points on things. That is scamming. Its like a boiler room tactic.
U mean 99% of the finance industry. Every private equity firm ever lol (- top growth players cuz they basically can’t lose )
I think you summed it up pretty well keep up the good work. Just as a side note ARK from 2020 has gone from $45 aprox to 2024 $45 aprox and Berkshire B in the same period has gone from $160 to $460, I think i know were i would rather be.
She simply benefited from an "everything bubble". She's a nothing investor.
To quote Warren Buffett: even a monkey can pick good stocks during a bull market
I did not get wiped out because I realized quickly that you could only lose money investing in ARK products, but when I started investing my own money in 2020 I held her products until I read Benjamin Grahams book the Intelligent investor and began following Warren Buffent and Charlie Mungers books and advice. In 2021 I realize that her ideas did not align with my new understanding and I began seeing a decline in my ARK investments even though I was trying to protect myself with dollar cost averaging. I think I lost about 10% and was furious. I jumped out of everything and started complaining on videos that were still hyping up Cathie Woods. Some idiot told me that investing is about buying and holding for the long haul and that I was an idiot for taking that loss. Those ETF's went on to lose 70% more. His comments did not age well and I am glad I stopped going down that fooliship path. I now follow Graham and Buffets rules even if I don't think they are all that sexy or exciting. I have only gained money since.
Being a con artist has never been more lucrative.
Being incorrect about investment choices doesn't make one a con artist LOL 🤡
Doesn't it? I feel that her being female has shielded her to a point.
You can even become president doing it
I remember 5 years ago she bet on deflation in the midst of all the money printing. Pretty contrary mindset. Didn't work out.
At some point Michael Burry was shorting ARK fund.
True! I remember that!
I had SARK for a short time---mostly for entertainment value.
Was it at a time to not lose money? Thought he lost a lot of money shorting Tesla too.
@@tHebUm18 it is possible, I only remember that he was shorting ARK, but I don't know if he made any money with it
@tHebUm18 yeah he's been shorting everything for the past 15 years and has been wrong 99% of the time. He's been shorting s&p500 all year and it keeps making new all time highs
5:50 Not to defend Cathie, but comparing the fees of a managed fund--ANY managed fund--to an index fund is nonsense.
Do you have any of the more relevant data available to you such that you can post it here?
I agree, actively managed funds fees are more expensive then index funds.
She sold NVDIA at $100 pre-split. She is not the genius we think she is.
who thinks she's a genius at this point. Her recommendations tanked years ago. That isnt to say none of them will recover, but certainly not to the degree it would compensate for all the loss.
I don’t think anyone, apart from Cathie, thinks she is a genius.
She thinks she is.
A high-risk, one hit/year wonder investor!
For me she is a "pump and dump" kind of "investor": she keeps saying that Tesla will go up unrealistic numbers but she sells when Tesla shares gets momentum, wait for dips and buy again if cheaper....
Change that Queen card to the Joker. I told friends not to invest into ARK, but no one listens when they’re going through a state of euphoria. The only thing that teaches some people is the pain. 😅
I don't understand why the SEC let her get away with ridiculous pricing calls...its has to be illegal deceptive practice???
All spruikers will just point to the disclosure document. "This is not investing advice.......etc."
We need people to hold the bag for patient people on Wall Street.
To be fair, she’s not even the worst offender in this realm. The SEC makes noise now & again, but they are plainly toothless. Their petty fines are nothing but the cost of doing business to the targets.
@@JoeOvercoattelling people telsa stock will hit $7,000 by the end of 2024 when it's $130 is pretty bad. Idk who's more egregious out there
@@MarcusSmith-g1ltrue, plus the stock prices always being in the thousands seems odd since a company like Apple would do splits to keep prices more affordable🤔😏
I started my investment career in speculative mining and cleantech stocks and then to pension/endowment to learn how to keep the capital for the long-term. I don't think Cathie is a fraud. She is just presenting a different type of investments (venture) to people who are willing to take the risk, hopefully rich people who can afford to lose. it's like gold rush days. people come to find gold and the risk is high. i would say, if she had been more careful in selecting high-risk venture stocks, she would actually come out ahead. you just need one Tesla to counter 99 stocks that went to zero. but have to WAIT for decades for Tesla to become Tesla just like Warren Buffet's style. I actually learned to calm myself down and invest like Buffet by watching your chanel. Thanks.
One minor point is that nearly all fund managers seeking anything more than average returns of an index will underperform.
No I will not invest with …. You are correct 100 %
Chance of making money in the long term (5+ years):
Stocks: 75%
Cryptos: 40%
Lottery: 0.01%
Ark Invest: 0.0000001%
That .0000000001% I've mentioned is only for investor's satisfaction, not in reality it happens!
Her strategy is basically inverse interest rates. Buy her fund when rates go down, go short when rates go up. There is no difference trading interest rate swaps, or ARK invest funds. Its basically the same thing.
She thinks she's a sofisticated Investor... but actually she's the Worse Money Manager ever...
If you ignored money your whole life dont manage it
* worst
She bought ACHR, U and RKLB in February. She's currently up +120% on RKLB and down -33% on the other two, so +13% total if the buys were equal weighted. S&P would be around +22%.
It's interesting how some speculative bets work very well, however I rather have a consistently higher win rate because even the best gambles don't seem to help you outperform when you're holding a basket of mainly losing investments. Her time horizon seems to be five years, because it's short enough to keep investors interested and long enough no one will remember.
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
I got 5 of her stocks in ARKK. 1 was just buying in the moment. 4 was looked into and decided it does have some advantage. The 4 stocks are up and the 1 buying for the moment is down.
I invested in ARKK during 2020 craze and I also followed Cathie’s talks during that time. She is certainly well researched and well spoken and has a decent track record. However, I agree that her performance on ARK has not been nearly as good as she speaks. I still have 3.5% of my portfolio invested in ARKK @$40 per share. I listen to her podcast every month called In The Know which is quite informative and is not all fluff. There seems to be some method to her madness. I will keep the investment for longer term in the portfolio but may not add to it anymore though. But I have to say that I thoroughly enjoyed your video. Thanks for doing all that you do, Brandon.
I think you need to look up the sunk cost fallacy
I remember when she was flying high, and she was being interviewed by a woman reporter, with Bloomberg. The reporter was so smitten with her, I realized, there was this cultic like adoration. I realized this is too good to be true. So many had to be caught up, into the winds of a cultic leader. When you see people doing that, you know the ride is about over.
She offered a product that people wanted and made tons of money. She might be a shit investor but for sure is a good scammer
or maybe because she was good first but the markets always change and she didnt change with it. I dont think she is a scammer.
@@shadow_mujahidshe was never good she was lucky for a few months. I agree she wasn't a scammer, she was just incompetent
100% a scammer
Scammer or incompetent? Can’t you guys decide? 😂
Loved your break down on Ben and Warren (safety first).
Solid video champ.
Totally agree with you, investment defense is as important as investment offense
That’s a good way to phrase it!
I agree with your thoughts on ARK Invest, not a safe bet! I invested in ARKK and bought at top, but I did put a lot of money in it. Down too much to sell now. Once I am green or break even, I am OUT!
What's the best way to begin, and how long until the investment starts yielding profits?
Peter Thiel says in "zero to one" that investing in many companies that have a low chance of getting a large share of a large market will at first result in losing a lot of money, but will later on pay off very well. Because you lose all your investment in the companies that don't make it and you get a huge return on the few that do make it - that's kind of my take on this. Btw. I'm not invested in ARK, so that's a pretty unbiased take.
Thar is true for the pre ipo type investments he has. By the time something has hit the stock market it is most likely overpriced and will need a while to justify valuation it already has.
@@joesmith3590 you're probably right yes
In all fairness to Cathy woods.She is one of the best speculators of all time...LOL...Marc
🤣
* Cathie Wood
Regarding her claim that Tesla could go to 2000 or 2600 with a year projection - Now I don't know when she made those projections, but - Tesla have been split twice since 2020. So to get a comparable price if she made her projections before that, you would need to multiply current price by 15, meaning the price now would have been $3450 if not split.
She has this insane idea that $100B+ public companies are “unicorn startups”
I like your balanced approach Brandon. It seems you like to be fair and integrous in the way you make videos. No "hatched jobs". Good on you
The newer SPLG S&P 500 ETF by State Street offers 0.02% expense ratio.
I was in these funds starting in July 2020 and I started geting out of them in 2021. The problem I saw was I rode them to the top in February 2021 but alot of hype about how great the companies were and the nonsense she was spewing about how disruptive innovation companies were going to " metabolize" the s&p 500 caused me to freeze in fear I stead of selling g lit and getting back in the s&p 500 for a tidy profit. Lesson learned don't mess around with just buying and holding s&p500 index etfs.
I have been bet against her since 2021. Couldn’t be happier
To be fair SPY just is the S&P 500. So a high fee would be super dumb since they don’t have to do anything really, vs the ARK fund which is directed. Would be better to compare to some vanguard ETFs
Cathie Wood was just lucky. Like I wouldn't give my money to a lottery because they have won it once and is therefore autimatically an "expert" at picking numbers, I wouldn't give Cathie any of my hard earned cash - she's just another lottery winner.
Just a sales machine. The thing to remember about these active manager funds is that some of them will be correct at any moment in time and it's these ones that get fawned over by the press, the others are discarded. Remember, even a broken clock is right twice a day!
Tired of the "recession is coming!" threat. Recessive periods come along with equivalent market opportunities if you are well informed and equipped, I've seen folks amass wealth in the midst of economic turmoil and even pull it off easily in favorable conditions. Invariably, the collapse is getting somebody somewhere rich
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
This is way I either only invest in assets where the future does not matter (intraday), or long-term assets where the value is based necessity.
AI stocks are poised to dominate in 2024. I favor NVIDIA for its strong long-term growth potential and its support of other AI companies. Someone I know gained over 200% with NVIDIA, but I'm also open to considering the other recommendations you've provided.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
AI is a meme
Excellent content Brandon. Balanced, objective and fair. Well researched and presented. You should be proud of the quality of your content these days. Well done mate.
Thank you so much for the kind words!
Hit 100k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024
yes you are right Exploring new investment opportunities demonstrates your proactive stance towards financial growth during these volatile times. Diversifying your portfolio can play a crucial role in effective profits.
Wow that's huge, how do you make that
much monthly?
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional i am grateful to Michelle
Working with her has been a game-changer for my financial well-being. Her ability to simplify complex financial concepts and provide tailored solutions is commendable. Francine passion for her work shines through, making the financial planning process not only effective but also enjoyable..
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to sule michelle for I and my family
Maybe at some point people learn that a long term investment in a major index fund may have been the better alternative. But a lot of people seem to enjoy the excitement and massive short term gains rather than a boring index fund. Sure, you can invest short term in these kind of active managed funds if you know that it's a short term investment and pull out your money if you made some money. But people get greedy, have emotions like hope and deny realtity and stay in these funds that may never return to their all time high while index funds do in the long run.
The way they advertise on google is mind blowing. Ferrari doesn’t advertise and it still sells. You only advertise when you need to grow.
People think there is strength in numbers and it is better to speculate in a group. She provided the group. In truth anyone could of bought the same things she did for themselves but speculating on your own always feels more dangerous no matter how irrational.
Ferrari advertise through Formula 1 and car magazines. That has always been their strategy. So they do indeed advertise!
I remember looking into Arc Investment when they first became popular in the media, and I wasnt sold on their strategy at all. Cathy never inspired me in any way, and I had an underlying gut feeling she was running in an optimistic but also unrealistic direction. Sometimes you have to listen to you gut feeling rather than pure technical analysis of an investment, since ultimately its the people driving the invetment strategy you are betting on. In this case I chose to opt out, and this was the right decison.
Where are the customer yachts ???
😂😂😂
That is why I love to awake people on the new recommendations to stay Connected, Awake and Aware! for safety.
I am not judging her, without palantir my portfolio would be minus 80% instead of +5%.
She sold palantir near the bottom.
This was a surprisingly nuanced and intelligent take.
I knew she's dodgy the minute I saw her started predicting the Market.
Hello everyone I’m a pensioner and I’m looking forward to invest in real estate investment any advice or tips i can get?
Set clear goals like define your investment objectives, risk tolerance and time horizon
Start small i mean begin with a single property or a real estate investment trust (REIT)
Diversify in spreading your investments across different asset classes and locations
Be patient, real estate investing is a long term game don’t expect overnight returns
Stay organized by keeping track of finances, documents and property performance
Brandon, I love how reasonable you are. Thank you!
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Well as you know bigger risk, bigger results, but such impeccable high-value trades are often carried out by pros.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. She has helped me raise my reserve from $275k to $850k, despite inflation.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
NICOLE ANASTASIA PLUMLEE is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
Thank you for this amazing tip. I just looked the name up and wrote her.
Hi you've had a video about adani group fraud but I can't find it now is it deleted ? Does anyone know ?
Thank you Cathy. You talked me into buying Tesla at 14.00 per share. Now, I am able to retire. I now work by choice, not necessity. She invest on five year time horizons. Everyone who criticises her seems to invest on a quarterly time frame.
So she called out 1 in 10 tech companies going to do well. You could as well buy a lottery ticket. There is a saying: even if a clock is standing still, the clock shows the exact time twice a day. Every fool can be right if he calls out all tech stocks and claim all of those will go up: some of them inevitably will go up.
"5 year time horizons"? Lol she day trades and sells positions at a loss every few months
But the problem is she always says the 5 year investment horizon. Once 5 year is up and the stock is still in the toilet then she move the goalpost to another 5 years. Rinse and repeat! Congratz on your early pic on TSLA. I invested in ARKK, not much money but down quite a bit! Loss too much to sell now. Once I am green or breakeven, I am OUT! Cathie has no capital preservation strategy.
@@anthonyheak3479 communists also had plans per 5 years… just saying!
It would be more interesting to see the growth of the capital invested in her fund to the return of the fund. That is the ultra damaging comparison. 34B at peak almost exactly when the slide started.
She’s not one of the world’s best. She took a high risk poorly diversified strategy, which goes great until it doesn’t.
cumulative return since ARKK's inception in 2014 is 179 percent vs. VOO's (index fund tracking S&P500) 250 percent over the same period. ARKK charges 0.75 for fees vs. VOO's 0.03 percent.
Her ETF only goes up when there is money printing and it must be free 😅😂
Thanks Cpt Hindsight
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Miller.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
FXMILLER 171 💯.. that's it
I think investable disruptive technologies should have a clear case for the new tech allready being better then existing tech. Examples
vidoe streaming vs discs - Netflix
online shoping vs traditional retail - Amazon
Music streaming - Spotify
You also want to invest in market leaders with a proven managment tream.
The stock I think meets this criteria right now is UI path.
Her TSLA reports with astronomical bull case prices destroyed so many people’s expectations.
She is still touting Tesla to $2000 by 2028 🤷🏽♂️🤦🏽♂️🛎️
@@Ironboots123And people are still buying it, metaphorically & literally.
Great video as always Brandon ❤
Within 3 years assistant economist then made chief economist in another company. Basically promoted out of competence and never challenged because of DEI.
Very positive video covering arkk
Down 73 percent?
Definitely disruptive
Hahah, classic
i like mining stock with debt to equity of less than 1:1 and a regular dividend. you know, the type of companies that have been going concerns for a really really long time and while nothing is guaranteed, are more likely to continue to be going concerns for a long time to come, operating with that sort of a balance sheet, in the volatile boom and bust mining industry.
I am still absolutely stunned that people believe this lady and Elon Musk still. This is so insane.
Elon Musk actually achieves things.
@@wizzyno1566whatever
Elon Musk is an even bigger Scammer
The stats depend on your choice of the starting point.
I've brought this up in other financial youtube comments and I always get attacked for bashing ARKK. I try to show them the light but if someone insists on losing all of their money, I guess there's only so much I can do to stop them. My biggest issue with ARKK is the fact that they charge 1% expense ratio which is absolutely ludicrous for any fund that underperforms the S&P, forget one that straight-up LOSES money over the long term. Like shouldn't the SEC intervene??? Lmfao
Curious... you are comparing fee structure of Actively managed ETF vs. an index ETF on fee differentials, shouldn't actively managed structure charge more fee in nature?
I will share this with everyone there is nothing that is certain and forever... Life is constantly changing and moving and you have to move and adapt with it and so does your financial choices.. never be married to anything... Everything is speculative and everything is risk versus reward... Pluses and minuses.. most basic advise you could ever hear and still holds true, just buy low and say high...
ARKK was always too scary to me. Companies with a future based on optimism made me lose money before, soo....
Great piece. Nice work.
There are so many way to do speculative move, I agree that paying 0.75% is really expensive to do so based on the risk exposure even if rates will be cut soon.
No guts no glory, well done kathy 👏👏👏