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re: The ARKK’s about to take on water?
Posted on 3/3/21 at 5:44 pm to molsusports
Posted on 3/3/21 at 5:44 pm to molsusports
quote:
Which I think is great. The danger is sinking big money into highly valued companies with astronomical P:E ratios.
Boom or bust, it seems likely their results will be unusual
She’s somewhat a victim of her own success. If this was a mutual fund she’d have probably closed it, but given its ETF structure she doesn’t have a choice but to buy most of the same names she helped run up. It’s tough to repeat that success as AUM increases astronomically.
2
Posted on 3/3/21 at 6:55 pm to slackster
pretty sure she has a ARK mutual fund. or at least i see one on Fidelity with the name of Cathie Woods. Horrible expense ratio tho
Posted on 3/4/21 at 1:23 pm to slackster
Still sliding; down another 7% today to $117...
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