Reported 8 months ago
Cathie Wood of Ark Investment Management, known for buying low and selling high, has mixed reviews regarding her performance as an investor. While celebrated as a technology visionary for her 153% return in 2020, Wood's longer-term track record falls short of expectations. Despite this, her straightforward strategy focuses on investing in high-tech sectors like AI and robotics through Ark ETFs, although criticism from Morningstar points to the lack of forecasting talent. Recently, Wood purchased $4.4 million of Roku shares, despite concerns over the company's business model and competition in the streaming industry.
Source: YAHOO