Cathie Wood doesn’t get it. She, like many before her, got rich and famous for riding the momentum stocks up for the entire 12+ year bull market. I give her a lot of credit for that. What she doesn’t get, like many before her, is you can’t stay with the over valued over owned darlings of a cycle when the cycle is ending. They are always the last to top, the ones that go down the fastest and hardest and THEY DON’T LEAD the next cycle, whenever that may come. Her ARKK and her other funds are going to continue to bleed until they are swamped by sellers and her whole enterprise is likely to blow up, eventually. She should consider recycling some of the massive profits from these last few years into an ARK Gold and Silver Fund, if she hopes to survive with any assets under management. https://www.zerohedge.com/markets/cathie-wood-claims-her-innovation-stocks-are-deep-value-territory-predicts-40-returns-next