Cathie Woods says stocks not in a bubble, hilarious. I wonder why she thinks that......

S2007S said:
Hilarious. She takes on gigantic risk, of course she would say stocks aren't in a bubble. Stocks can rise another 498% in the next 365 days and she would say the same exact thing. Stocks are never in a bubble when you are invested billions and billions in the market.



https://www.cnbc.com/2021/08/19/cat...rs-betting-against-her-fund-are-off-base.html
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I think she's "betting on the come" for tech innovation.... and willing to pay a high price because she's so confident.

Regardless of how smart any investor thinks/hopes(??) she is, best be trading with a stop.

KISS, baby.
 
S2007S said:
Hilarious. She takes on gigantic risk, of course she would say stocks aren't in a bubble. Stocks can rise another 498% in the next 365 days and she would say the same exact thing. Stocks are never in a bubble when you are invested billions and billions in the market.
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Cathy Wood herself has a net worth of at least a quarter-billion dollars. Even if it's 100% invested in her own funds, she's set for life many times over under the worst possible crash scenario.

At this point the play is trivially easy: bang the bull drum as loud as possible and open ARK-branded funds to capitalize on every fad and trend out there, skimming fees to passively invest in well-known large-cap stocks.
 
Specterx said:
Even if it's 100% invested in her own funds, she's set for life many times over under the worst possible crash scenario.
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People with "real money" are not content with being "comfortably secure". They are looking for more.. like the notoriety of "having even more''... excessively rich, even. Sometimes to their own undoing. IOW... If you want to hob-nob with the rich in the Hamptons, you need more than "comfortable wealth".
 
She knows she wears the mantle of Tech cheerleader for this era. I think she is just going for the immortality at this point.

She doesn't care about the her firm's long term reputation. She will have banked enough FEES to sail into the sunset by daring to give customers what they wanted, as misguided as they may be.

Wait for the Bethany McLean/Michael Lewis book.
 
The thing is, people laughed at her when she said Tesla 4,000 a share in 2019, now we are here, she is moving the goalpost out further . Story can’t just end at, took profits and retired.
 
longandshort said:
Why don’t you explain your view instead of making up silly arguments (strawmen).
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That's not a straw man argument. If she said that, she means it, and is betting against sky-high historical market valuations. The burden of proof is on her to explain why those famous last words ("this time it's different") are true.
 
Specterx said:
Cathy Wood herself has a net worth of at least a quarter-billion dollars. Even if it's 100% invested in her own funds, she's set for life many times over under the worst possible crash scenario.

At this point the play is trivially easy: bang the bull drum as loud as possible and open ARK-branded funds to capitalize on every fad and trend out there, skimming fees to passively invest in well-known large-cap stocks.
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Same with Buffett cheerleading the markets in 2008, though he also helped craft legislation that helped him and is on the "legal" inside trading team.
 
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