(05-08-2021, 12:28 AM)vbin Wrote:(05-07-2021, 01:25 PM)stockguru Wrote: ARKK has lost 45 points since the peek. Cathie Woods will go down as a 1 year wonder lolA few folks I know are short Arkk they are saying it's going to $60 by 2023. It's possible I think.
Probably a good bet. In fact if you take out the 2 years 2017 and 2020 of that ETF big performance it’s only up 5.6 percent. She is way over hyped and if you watched that CNBC interview yesterday. OMG you would have pulled your money out that second. What a train wreck!! ??
She invested into momentum stocks, the momentum is over. Now she has to wait for SP500 to catch up, it'll take years of stagnation.
A few good years doesn’t make you a legend like Buffet lol. Move on, nothing to see here ?