That is exactly how I consider things.

I have no position on whether ARK, Tesla or Bitcoin will go up more. They definitely could. But i simply tend to not buy in so late post the moon shot in an asset under the assumption of endless moon shots.

We have definitely hit the euphoria point in Tesla and Bitcoin anyway where everyone who was an early is in and loaded up, those who were mid stage but still early buyers are in and loaded up. Those who were somewhat skeptical got in and loaded up and now I have, literally my 80 year old mom, asking me if she should have some of her financial planner put some of her money in Tesla and Bitcoin as she sees them dominating the news.


That type of 'euphoria' spreading of this must have by all, is a key sign of a maturing stock play. Who are the buyers to convince and to spawn the next buying wave behind my mom?

So then you just count on everyone being long and holding pending results and the growth that comes from that. And you hope those last few rounds of more fickle buyers do not trigger a collapse at any point.

I think we are close to it blowing up soon.....

“What we were really doing was encouraging the new creation, God’s new creation. We were allocating capital to its highest and best use: transformative technologies that were going to change the world and make it a better place, while the rest of the world started investing in the past, which they thought was safe. Today, the tables are flipped, so we feel like we’ve done the right thing. It is by God’s grace and the power of the Holy Spirit, I will tell you, that I moved in this direction.

God’s standard of success for me in the financial world, and in my life generally, is following His will. And I believe that in starting ARK Invest, I was fulfilling His will for me here on Earth and that if I had not done it, that I would have died an unhappy woman not having not fulfilled my promise here. And so it’s not so much about me and my promise. It’s about allocating capital to God’s creation in the most innovative and creative way possible.“

- Cathie Wood

“I would kneel down and say, ‘Okay, God, You’re in control. Even if this company fails, I know I’ve done the right thing. This is a walk of faith for me. Your will be done.’” – Catherine Wood


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Starting to see massive short positions build in their heavily concentrated positions which have been down massive the last two days. Selling things like Amzn, Google, etc to buy more of their garbage plays. Also the tide is turning on Twitter with many trolling her and the disciples

**** i had no idea about the religious stuff

not really and still up significantly

ugh i like ARK but this tilts me.

You should see the reaction on twitter lol

Net outflows starting to happen. Yikes!

wouldnt be suprised if OP literally marked the top.

its this generations Janus funds

Thing with these funds is when things go down, you get hit by both stocks going down and massive withdrawals by panicked people

Incredible that an analyst so incompetent she confused millions with billions (and hence accidentally overstated Tesla's 2025 earnings by a huge amount when coming up with her $4000 price target) is now the guru. I'm with ahnuld here.

Another problem ARK has is that they own significant chunks of their small caps, so whenever TSLA drops 10%, people get scared and withdraw from ARK forcing them to liquidate some small caps where their sales will literally move the market prices against them simply by selling.
There's no way for her to manage some of these position sizes when she owns 10-20% of some of these companies. This was a boost on the way up, and now it will amplify a downturn.

On the money.

So people are upset that she is a Jesus freak? Pretty obvious with the name ark but didn’t expect her to be a fanatic like she comes across in those quotes

There is a direct correlation between high levels of faith and low levels of intelligence.

Also, finance is a ruthless game, can't have pesky morals getting in the way

"because I was going through that very difficult period starting in '06, where the market, nothing made sense to me."

Telling quote. People act as if this 60-something year old woman who has had very limited success in the market (mediocre track record for decades) up until these past few years suddenly has insight that is worth following? That we should listen to her instead of Druck or folks that have actually successfully negotiated many different market environments?

This is her paradigm. Today's market is driven by hype-addicted morons. Her insight, as a moron, is what imparts her success. The fact that she's also trading with Jesus at her keyboard sets her above any fund manager in the world.

i think it's a bit too early and presumptuous to be throwing names at her. one can hold an opinion that the whole thing is overvalued and at the same time have common courtesy.

history says disruption and growth generally are outperforming value, so outside of a blow up (which is possible) her returns could in theory outperform for the next decade.

it might end up being the best vehicle if powell folds and perma-doves for all we know.

her strats clearly performed best in whatever version of reality you'd like to call the last 9 months (or broadly speaking the last 5 years) where the paradigm is more built around culture moats with ZIRP accomodation, so she should definitely be in the history books because it'll for sure happen again at some point.

but yeah still not buying at these levels. makes more sense to me to just buy into the individual components anyhow. there is just way too much risk of a spin out.

wonder what her wsb handle is

Respectfully disagree.

She is not some hotshot 20-something manager who sees things differently and can therefore be given some leeway (as in, perhaps the new generation does have some insight folks who have been around the block do not have).

She is in her mid 60s. She has a track record. She has blown up before (Tupelo). Differentiated thinking is necessary to succeed in the market in the long run. She is just a hype machine, in a world and market which has rewarded that in the last few years, from Trump to Elon/Chamath.

She was not even particularly early on her picks, other than TSLA. Everyone who piled into TSLA last year did extraordinarily well. Her SaaS picks have been mostly crowd-following. See Abdiel for an example of a fund that really had uncanny insight into where the market was heading and was early on virtually all of their picks.

I'll give her props for being telegenic and hiring telegenic analysts who present well on camera, but there is no value add in any of her shtick. If she made you $, great, but try to be honest as to whether there is any alpha in her analysis.

For some perspective, here is an interesting read:The COVID conundrum

actually outside the last 10 years the inverse is true.

that was semantical, i broadly meant the last 10 years.

arent they eventually synonomous?

This is a hilarious response. I applaud you.

So if I want to get on sectors like AI, gene editing, robotics, etc but am not smart enough to pick individual companies myself, what’s the play? I have a little bit in ARK funds because even though she’s not my favorite person in the world, I figure she knows more than I do lol. Certainly open to alternative ETFs though. TIA.

Didn't you read the thread? She's been exposed. She's done. Cerrado