• ShroOmeric@lemmy.world
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    1 year ago

    Last thing I heard, Cathie Wood is not much better than Musk and Ark is quite a scam. Did I get it wrong?

    • clutchmatic@lemmy.world
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      1 year ago

      She does not have superhuman stock picking and macroeconomic environment decoding abilities. She got massively lucky with China until Xi decided that large successful Chinese enterprises were a danger to his Party and COVID+inflation stressed all other companies

    • PopShark@lemmy.world
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      1 year ago

      I had some of her ETFs. Yes, had. They did okay when the topic they cover was getting media attention or breakthroughs or whatever but granted I was only paying attention to them during the late 2020 bull market when most everything did at least okay.

      Specifically, my shares of her gene therapy ETF did well. My shares of her robotics and technology one did meh. I can’t honestly remember how my share or fraction of her fintech one did lol