Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018.The heavy inflows into Cathie Wood's funds this year have led to exuberance around Ark Invest, but the high-profile investor isn't worried about a bubble in her funds, or the market at large.
Wood told CNBC Pro how the firm manages positions in the fund when valuations get too hefty. And revealed the one stock she is holding no matter what the valuation because of how disruptive the company will be., already the largest actively managed ETF, has raked in another $3 billion in new money this year alone as investors keep following 2020's eye-popping track record.
Pro FAKENEWS CNBC trafficked chid sex slaves for hedgefund billionaires.
Pro Translation: Please don't sell until we have had sufficient time to liquidate our positions first.
Pro I am shocked she doesn't think her top holdings are in a bubble.
Pro I’d love to know how many times a fund manager has had a negative outlook for their fund. are we supposed to be surprised by this ?
Pro Lol
Pro Stocks are not in a bubbleit is all to scare you off. She is right!
Pro hahahahahahhahahaha
Pro mkmfitzgerald CathieDWood ARKInvest SeekingAlpha barronsonline wallstreetbets The key cause of bubbles: Interest rates remain artificially low, in an effort by the Federal Reserve to keep the economy strong. Wilshire 5000 vs GDP Ratio
Pro I’m more interested in DFV’s analysis and recommendations.
Pro We are definitely in a bubble the stock market is way over valued for being in a pandemic. Your telling me all these businesses need relief but the economy is not in bad shape? The stock market is higher now then the start of the pandemic! How’s that work?
Pro The carnage will be epic
Pro Is she buying more $spce ?
Pro That's like asking a salesperson if you should go ahead and make the purchase.. ... Of course they're going to tell you yes. It's in their best interest.
Pro Well, she would have to say that wouldn't she?
Pro She makes money by managing other peoples money. She is not gonna go against her self interest. 😎
Pro Could she say the opposite She is getting rich thanks to the biggest bubble ever!!
Pro Of she'd aid anything else People would be freaking out right now, so of course there is no truth to this walking skeleton.
Pro shimonlazarov this is exactly what you and I have been saying on the podcast. Exactly! Love that we called this way back in the fall of 2020 HardcoreFinancePodcast
Pro she is right because the $ will be a toilet paper soon.
Pro How are things with the capitol now?
Pro in other words, we in a bubble.
Pro
Pro Like $nndm 🔥