While I may not totally agree with the logic of Cathie Wood investments, there have been lots of negative comments towards ARK and how poorly the funds have performed with drawdowns approaching 70% levels. However, looking over a 3 year period, some of the funds are still positive, just about.
Although I know over that same period, as of right now, they are all underperforming the S&P.
The markets go through cycles so what the portfolio looks like today does not necessarily equate to what the portfolio will look like tomorrow.
Most traders focus most of their time and energy on everything happening right now. I would argue it is better to try and gauge what is ahead and look out into the future. After all, the stock market is a forward-looking so we should be too.
Let’s go trade!