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re: Some common myths about the markets that are untrue and/or 99% do not know

Posted on 4/16/24 at 5:32 pm to
Posted by Big Scrub TX
Member since Dec 2013
33644 posts
Posted on 4/16/24 at 5:32 pm to
quote:

but I do know money and markets- as well as the best mechanic knows cars, it is all I do.


quote:


So here is another fun fact, Cathie Wood's ARKK innovation fund, that anyone who watches CNBC knows is perhaps the most hyped fund and fund manager for the past two years has underperformed EVERY major index since its 2014 inception, yet it generates over $100M a year in fees alone. Marketing is a powerful thing, but numbers never lie.
Thanks. Next big revelation? Water is wet.
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