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re: Cathie Wood has not had a great year

Posted on 12/23/22 at 6:28 pm to
Posted by j1897
Member since Nov 2011
4313 posts
Posted on 12/23/22 at 6:28 pm to
quote:

Still have a huge profit on both of them. Should I think of moving away from them?



Yes. If you're in a company that doesn't make money, and doesn't have low levels of debt, i would sell the rallys.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 12/24/22 at 6:14 am to
quote:

Still have a huge profit on both of them. Should I think of moving away from them?

Lets hope OP got out a year ago if not that profit is close to gone
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 12/24/22 at 4:38 pm to
Oh I suspect investors in Cathie Wood's funds have had a much worse year than Ms. Woods. Her fee collections may be down because of money moving out and fund sizes shrinking with the valuations but she has nonetheless collected her fees.
Posted by DTRooster
Belle River, La
Member since Dec 2013
8893 posts
Posted on 12/25/22 at 9:01 pm to
If you make 90% on an account that went down 60 before you made the 90. Where do you end up at the end of the 4 1/2 years? Yeah, the math says still down what 20-25 %. Now’s not the time for Democrat math to make a point
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