Reported 4 months ago
Famed investor Cathie Wood, from Ark Investment Management, known for investing in emerging tech stocks, has faced mixed performance recently. Despite a 153% return in 2020, her Ark Innovation ETF performed less impressively over three to five years. Wood's investment philosophy focuses on high-tech sectors like AI and blockchain, although Morningstar criticizes her forecasting abilities. Recently, she acquired 100,000 shares of PayPal through Ark Fintech Innovation ETF, while also selling shares of Robinhood Markets.
Source: YAHOO