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Anyone own/follow ARKK?
Posted on 2/13/24 at 10:27 am
Posted on 2/13/24 at 10:27 am
I guess Wood makes for easy clicks on Yahoo because they sure do seem to write an article about ARKK's every move. Sure feels like all they do is throw darts at whatever the hot thing is right now. I can't imagine the highs and lows from actually owning ARKK.
2
Posted on 2/13/24 at 11:30 am to Kingpenm3
I know a lot of people that own the inverse (SARK) ETF. I can't imagine giving that woman any money.
Posted on 2/13/24 at 12:06 pm to Kingpenm3
There was a bunch of people touting this woman as the next Warren Buffet and investing large % of their portfolios around 2020 even on this board. Now that is dumped everyone is out... This was like the Janus funds of the early 2000s, too much concentration and got too big too quickly.
Most of her funds really do not make a lot of sense if you look at the holdings, she basically got her reputation on making a call on Tesla before the run up. While that was a good bet, she does not seem to be able to repeat it. But there is no need to at this point, bunch of people threw money at her and she got very rich on the fees.
I would stay far away from any funds that chase the get rich quick ideas.
Most of her funds really do not make a lot of sense if you look at the holdings, she basically got her reputation on making a call on Tesla before the run up. While that was a good bet, she does not seem to be able to repeat it. But there is no need to at this point, bunch of people threw money at her and she got very rich on the fees.
I would stay far away from any funds that chase the get rich quick ideas.
This post was edited on 2/13/24 at 12:08 pm
Posted on 2/14/24 at 6:57 am to Big Scrub TX
SARK is actually negative since its inception.
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