The survivors of the millennial-retail investor/traders are still doubling, tripling, and quintupling down on ARKK. But there isn't that much dumb-money left to go around this time...
I could watch her talk about retail stocks all day.
Good one hahaWell, CNBC needs to find some way to keep an audience once the market turns to sh*t and their viewers all run out of money.
https://www.investopedia.com/terms/h/hot-waitress-economic-indicator.asp
Whatever guys, I'm sure you're all superstars. Her funds are 40% down, which is good considering the sector she's focused on.
She's loaded on Tsla, which I'm sure carries a few of her down 80% picks. But the market will rebound and eventually her funds will too.
Yawn.
Cathie Wood did another interview on CNBC .. she said that going forward her fund will have a 50% growth rate. I doubt it will happen in the near term but maybe after the Fed cools down the inflation.