Cathie Wood on ARKK's Performance and Inflation
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- Опубліковано 12 вер 2024
- Cathie Wood, founder and chief executive officer of ARK Invest, defends the performance of the ARK Innovation ETF and says the greater risk facing the economy is deflation. She speaks with Ed Ludlow at the 2022 UP.Summit in Bentonville, Arkansas.
Cathie wood is the perfect example of everything that went wrong with this market.
I’m tired of her only talking about how she was right about Tesla. Talk about all the other companies in the portfolio that are down 70%+ from their highs.
I'll tell what screwed us all was Fauci and his criminal virus that he alone supported and engineered illegally in China labs and set upon the world.
You gotta know when to hold them and when to fold them. I sold way too soon on the way up. I'm not a good poker player.
@@stilllearning7434 you need a strategy.
She was buying BTC when it was $250, she was buying Amazon decades ago when everyone was flagging them as overpriced & never having been profitable etc etc
All the funds are up over the last 5yrs, no sympathy for anyone who bought the top/only started in the last 2yrs and is bitching now!
@@gzbg21 BTC isn’t in any of the portfolios so Idk how that’s relevant. Who knows, she could’ve bought AMZN at those levels and sold them for a loss decades ago. What matters is what’s in the current funds and what levels she bought those at. All but one of the funds are down 70%+ from their highs. And the other one is down 40%+. Just like her you’re picking and choosing 2-3 assets that have done well, but not considering the other 70 assets that have performed 2x as worse as the market.
Love her transparency, her team’s analysis, her mission for the small retail investor. We can all be fledgling Warren Buffet like investors now. Thank you Cathie & ARK team!
Problem with Cathie Wood is she mixes “forecast” with the “future”, it’s not easy to predict the future regardless how hard your work. She talks as if there is 100% probability that her modeling will be proven to be right, a little humility in accepting the possibility of your potentially being wrong would be helpful to the non-professional investors in her fund. Rightly or wrongly, her investment style is “Growth regardless of profitability or valuation”. Sometimes it works out, and sometimes it doesn’t as some “growth” turns out to be BS and is never innovative or profitable. Her inaccurate linking of “non profitability” to “innovation” is a disservice to her investors.
Why isn’t there a 100% probability? It is 100% probable I’m dead tomorrow
She’s given so much airtime despite her obvious failed model…
You realize a lot of the 'analyst' or 'money manager' interviews and airtime in major economic media channels are being payed for by their protagonists.... directly or indirectly (ad spending of affiliates...). Wood, Lee, Ives etc, pushing their firms agendas, hunting for new inflows to their AUM. Thaks to constant medialization, Wood has had far less outflows, that the underperformance of her ETFs would suggest. She's still making shit ton of money, while her mostly 'mom'n'pop' investors suffered unrecoverable losses...
Cathie Wood is very clear about who she is, what she believes, how she invests. If you don't like it, don't invest in her fund. But I suspect those who are her greatest critics don't do that anyway. They just get their own sense of worth by kicking someone when they're down. No guesses for where they're going to end up in life.
Well said!
fully agree
Not that simple. She is a fund manager. She manages other people's money for a fat fee. When she makes outlandish claims about future profits or lack of risk in public, it can, it should, and it most likely will be grounds for suing her after people lose their money after having listened to her. Her investors go broke while she skims off the top and stays mostly unaffected.
Not only that, but the fact that objective reality is so against her views. Which is the reason for all the arguments. She almost seems unattached to reality on her investment views. Putting money in garbage companies that have failing business models, poor management, no profit or even revenue in some cases, at sky high valuations while saying valuations don't matter is absurd. She is an irrational investor who is getting an excessive amount of airtime by building castles in the sky about companies she claims are the innovation of the century. We're just now in the first phase of those castles in the sky being demolished and she is still sticking on to her belief in the face of mounting evidence against it.
ARKK Jan '23 30P
ARKK Jan '23 34P
ARKK Jan '23 40P
@@viirusiiseli Nobody can see the future. She thinks tech is on an exponential curve and entering a very exciting part of that curve. I for one will be investing in tech heavily when the dust settles :-)
@@johngrear6506 You can't see the future but you can make educated guesses with historical basis and what is reasonably possible in general. Exponential growth to the tune that crypto maximalists and tech junkies like Cathie Wood expect, is simply not possible. For one, she was claiming for GDP growth of 50% due to AI development. Raoul Pal claims that we're also entering an exponential age and YOLO'd into crypto. I think simple realism and educated reasoning will already tell you it's not true. Yes, technological advances will likely be great. Yes, we will continue to see increased productivity due to innovation. Yes, there will be companies with great technological advances that grow fast. Yes, blockchain will be useful in the future.
The difference is whether you take those things and build castles in the sky with them, or if you see that tech, crypto, growth have been in a bubble and will crash similar to the dotcom bubble. Once the crash part is done with, we can finally begin a reasonably steady growth period without the irrational expectations that always accompany the nascent phase of new technological eras.
She is talking so much nonsense and trash that is making my head spin. She is right and the market is wrong? Get alive
5 year return on her fund - nothing!!
is she still talking about that innovation garbage lmao
It will be etched on her grave stone "Here lies Cathie Innovation Woods."
Terrible sound.
She got TSLA and BTC right doesnt mean she will be right on her other outlandish claims. Moreover, people should remind her that even for TSLA according to her model, the price appreciation will be because of Robotaxis. According to her "research" TSLA should have been churning out millions via its Robotaxi business. So even there she got lucky that she made money despite being wrong.
She calims that her "Analysts" are super smart, fresh out of college PhDs. How many millionaire PhDs have you seen who made their fortune because of they were able to bet on the stock market using their subject matter expertise? Stock investing is far more than just being subject matter experts. Do they know valuations, cash flows? How come she never talks about valuations?
Anyone who doesnt agree with her, is "short on innovation"! Wow !
She just buy a bunch trash, including TSLA in 2019 as well and then throw her dart in the dark see which once stick, got lucky with TSLA, which is also crashing down now, she's done
@@lizi122 Tesla has gone from $150 pre split in 2019 to $700 post 5 for 1 split now 😂😂🤪
Be honest... does anyone here even understand what the hell is she talking about? In college, our economics instructor looked just like her. I swear, when she would lecture not only you would not learn anything she would make you more stupid. But she was nice enough to base all test/exams based on textbook. We just studied the book & did not listen to her. We did very well.
Her fund is focused primarily on high growth techs, what do you expect her to say? You as an investor has to decide what's right for you - don't blame her!
Cathie is awesome! I believe in her strategy and outlook on innovation.
She is so full of herself. A con artist.
America is the land of cheaters. Con artists as far as the eye can see. Hoang Le is a con artist calling a con artist a con artist.
she conned her self
She's lucky dealing w Soft Gen Z investors 🤡🤡
Big managers like this fight their ego more than their actual work
It is funny because while her ARKK fund has had 55% profitability in the last 5 years, the S&P 500 has had 60% at the exact same time
If everything would just go up, then her fund would be up.
Not drinking her cool aid!
Not even a sip.......shes clueless
her fund tracks with the 10-2 T Note so well that in difference in differences could be tied to its recent inversion. young influx in value of the present over the future in addition to the negative sentiment were major drivers to the funds downfall. Innovation will grab ahold coming out of this cold war II and her fund will be right about another company. Can her losses offset in the incoming recession or will it wipe out some of her lower conviction tech ideas?
Easy to run a Tech-fund when everything Tech is going up.
"By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens." - John Maynard Keynes
Buy the companies in Arkk that survive the recession
She is saying long term, recession and inflation is not the problem but secular deflation is the problem. So when will you know when to buy and when to sell? Trying to time the market or time Cathie?
Im happy to continue to buy $ARKF at $15-$16.50 🙂
I was happy to close my ARKkf shorts yesterday..
so she got lucky on TSLA and bit turd..
Both are down and or sideways. To think they will have a big run in the future.. about a 10% chance
Obviously you don’t study history lol
not sure about Wright's law...her funds are still teaching us Newton's 3rd law
Inovation has not been trashed! Valuation is. Inovation is not your BFF. Moreover no one's knows where real inovation is going to come from in the future. The inovation cycle will make most of the innovative companies stagnant and their surviving competitors will become innovative to respond to the market. So trying to predict which one is a failed strategy. Focuse on earnings and PE ect...
Oh look, it's Cathie Fluffet 🤣🤣
What a rude host
She keeps talking in circles. Hope her supporters get there returns on investment .
It's the future bro
The cure for stagflation is stock price deflation
Think u month behind remember
She heard Tony Seba presentation on disruptive innovation and believes it. So do the rest of us who heard it. Innovation is coming and it will disrupt old industries in an accelerating fashion. Sadly, she doesn't have any financial analysts who can identify which ones will cashflow (or already do). she got lucky on Tesla betting on robotaxi. She got lucky that Elon gets the need for cashflow and is kiling it on cashflow. Everything else she has is a cash consuming disaster. IF only she had spent some of those 10s of millions of fees on financial analysts instead of narrative reading kids who have no idea. Too bad. Wasted opportunity for her, her investors and the human race. If she had invested it wisely, it could have propelled us incredibly. Instead, she helped bring on the coming financial crisis.
Sounds like a paradigm shift to me
Seba nailed it. Wood is a looney though.
How can just EV and AI lead to deflation especially on non discretionary items whether rent, food, gas etc. AI can help realize some operational efficiencies or generate new product options but in no way can lead to deflation. She is really off. And is just playing the same old track record. :)
Thinking small scale, if you can produce sec driving cars, then you start getting self driving trucks which means less cost in shipping. If you produce more shipping for a cheaper cost food goes down. Gas prices go down because of the shift to electric all kinds of changes
@@robertoramirez1069 agreed with your line of thinking. But this is very conceptual. Even if we assume that 25% of your food cost is transportation and it could be cut to half with self driving vehicles, it will just lower the overall price by 12.5%. And that will not be realized till logistics companies recover initial investment on self driving trucks for 5-10 years. And self driving trucks will not be a reality for next 5-7 years. So that cost saving will not happen for next 15-20 years. And that by no means is deflation she is touting.
@@robertoramirez1069 🤣🤣😥🤣🤣🤣 sure.
Invest on gold and crypto ...
My life changed when I started shorting anything Arkk!
deluded woman
Such poor audio, horrible on headphones.
Doesn't do the great Cathy justice.
Cathy already passed -100 yet she continues to co continued
This more like sales preaching by her...lol
On the very long time, Cathie might have a good strategy.
In the very long run, we are all dead. -JM Keynes
Inflation is getting out of hand and she was on the deflation side 😂😜
10-Y Treasury rate has tripled over the past year - inverse of why her fund has done. 😂😂😂
In summary, she’s a crazy woman
Your a small minded individual
She looks like Brianna Wu
LOL