If you’re not smart enough to pick individual companies, you’re probably not smart enough to make good sector/thematic picks either. Just buy VTI.

Wood is on her worst downswing ever which coincides with the overbought Nasdaq tanking recently. So it's easy to take potshots at her now and ignore her results over the past year.

So if what you want to own lines up with her philosophy, then check out the holdings in each and do some research. For example I don't like Tesla at all and think her flagship fund is way too heavy into it. Same with her other funds, too heavily weighted into a few companies I don't like. But overall I like the financial innovation fund's holdings, that is the only one I'm invested in.

It's funny how someone can go from a genius to a moron in a week when the market tanks.

Agree, I think it's quite early to call anything here. Are we going to call out every other fund that lost money this week?

I'm interested to see how her genomic thesis plays out in the next decade.

"but but those are hot sectors!"

yea as is buying christmas trees in july to sell them in december. its priced in guys. agree with the above.

seriously guys all this has happened before and will happen again. if you want to know what happens over the full cycle read the below article.

https://www.forbes.com/forbes/2007/0...h=789739311988

I guess I'm WAY behind the times.

Cathy Wood actually has several different investment vehicles for people to put their money into? These things are stuffed with TSLA & Bitcoin? They have a few other highflying "story" stocks?

How could you NOT get rich?

All kidding aside, how does this not end in tears?

You don't know what you are talking about.

I know, I know...I'm off in my own little area. I don't have a TV, so I don't watch CNBC. So I don't keep up with the latest trends.

TSLA is trading for a bit OVER $600/share! They have surprised EVERYBODY and the stock has gone up. What hasn't gone up is actual earnings.

Cathie Woods thinks TSLA could likely go to $3,000 a share? At that price, it would be about 15% of the USA's GDP. Think about that for a moment.

At $3,000/share, who is buying? I would presume a buyer would want to DOUBLE their money in like 5 years maybe? So in 2030, TSLA would be like 25% of USA GDP?

I was investing back in the internet bubble. It surprised EVERYBODY how long it took to pop. This current bubble is bigger/worse/crazier than the internet bubble.

We are going to get similar results. Only a question of time.

If the USA doubles their gdp by 2025, then we are at 7.5% of gdp, then it’s not looking so far fetched is it

snowie going full troll has to be one of the greatest heel turns of our century

This bubble has endless money printer though.

Tesla could go from $500 to $1500 yet still be losing to money printing. The $ value of the stock needs to be measured against money printer.

I'm just trying to churn out content, I'm not saying all of it is good. That's how I got to the point where members are offering to pay me for investment advice here (I obviously turned down the offer) All the greats like meet Kevin and Jason Bond go through it at some point.

it's really anyone's guess what happens from here but i reckon with SPX and DIA back near ATH with NDX treading water and ARKK getting smoked, something has to get back remotely correlated. there's probably more chop to be had but ARKK is broadly 30% off of highs so if there are individual components you like on a 10 year hold it's not the worst time to go shopping. I have my eye on BIDU and will prob do some reading on it this weekend.

Yeah, now that you bring that up...I never thought of it that way.

All the USA has to do is grow the economy about 18% a year, EVERY YEAR, for the next 4 years.

That is a difficult thing to do....but...

NOT if TSLA cars start driving themselves and then they achieve sentience and start buying their own cars to do driving. Also, don't forget about asteroid mining. That is going to be the BIG KASH MONEY!

Also interested in BIDU. Is it normal for tech to have 1/3 of it's mcap in cash? BIDU cash per share is 72$. There are more chinese tech ADRs with high cash per share numbers.

If Tesla ever decides to open up their market to minorities, that could make a big difference too.

Hey all:

When I first got started investing....I wasn't sure what was "good" to invest in. So I went the easy route. I invested in stuff that was interesting, stuff that had a story. Things that were in the news.

Sometimes it worked out, but mostly it didn't. When it didn't work out, I lost a LOT.

As time progressed, I took accounting classes, management theory, finance, read a lot of business publications. I studied ValueLine every week.

Eventually, I learned about valuation metrics, and just how important those are.

What good is it if you get an "interesting" stock that is trading for 1,000 times earnings, 20X sales? 50X book value? That is very likely to never work out the way you hope it will. Further, when it starts to unravel, your capital will be impaired, never to come back.

Why not just be patient, be careful, buy something mundane (and unknown) for 6X earnings, 9% dividend, and 75% of book value? If you can buy things like that, you ARE going to make money!

Sounds you like figured out why it's buy the rumor sell the news

https://www.bloomberg.com/news/featu...on-in-two-days

ARK has to be getting massacred so far this year. Iirc, they were buying SKLZ in the 20s, EXPC 14-18, DKNG high 60s, PLTR way above its current price of 21, etc. Meanwhile, they were selling FB AAPL AMZN when they were all at their lows of the last few months and major support levels.

Confirmed fish on a heater.

And they loaded up on COIN on its listing day.

You don't need to speculate based on their trades. You can just check the performance.

https://ark-funds.com/arkk

https://twitter.com/carlquintanilla/...37985228087297

Morningstar nailed it in their analysis back in March.

Link to this?