Cathie Wood: I want you to know that we’re in there with you

IndianChief

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Cathie Wood, the star fund manager and chief executive of ARK Invest, in a new video told investors she is sharing their pain, as the flagship ARK Innovation Fund ARKK has slumped 45% since February. She said ARK funds make up more than half of her individual retirement account, and a “significant” part of her net worth. “I do want you to know that, of course, we’ve been through a very difficult time since the significant rotation from growth into value started nearly a year ago in mid-February, and I want you to know that we’re in there with you,” she said.
 

slashershot

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More than half? Last time she say she all in. Knn

What is the point of a fund manager who doesn't invest 100% in their own fund?
 

Singapore金枪不倒

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Meanwhile, still drawing 5-figure salary every month and if tank until hopeless depths just jump ship to next fund company with pay bump
 

bunegg

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She is outdated liao. People moved on from ark already
 
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