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Moshkelgosha
Mar 14, 2022 6:20 PM

A False trend and how you should trade it..! Education

ARK Innovation ETFArca

Description

Most of Cathie Wood's followers were playing in the kindergarten or elementary school playground when she underperform the market in 2008.

According to Alliance Bernstein documents, she had -46.72% net return and -45.12% pure gross return in 2008..!

Interestingly, Positive alpha over every annualized time period (10-year alpha: 2.4%)

Cathie Wood on her way to break the record of 2008:

ARKK -44.48% YTD return and -58.32% YOY return is like a punch in the face of its investors

I strongly recommend reading George Soros books it will help you to make money in all types of markets..!

One year ago on March 13 20211:




Reference:
https://www.alliancebernstein.com/Microsites/ABI/Thematic/Content/Instrumentation/Investor/saleIdea_10for10_in.pdf

Best,

Dr . Moshkelgosha M.D

DISCLAIMER

I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.

Comments
louistran_016
i respect your work and also respect Ark researches, just don't think picking 1 year of -45% return to be the reference point of a fund / stock / person's performance a good idea
yes their stocks are overvalued by traditional method, so was Walmart in 1960s and P&G in 1970s
SaarTaranus
@louistran_016, The main different is that in an environment of 2.8% 10Y treasury yield + QT + High Inflation: these prices are not sustainable, thus growth getting fluctuates
Khazrak_91
Nice Post, I'll check the books!
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