Why Is Everyone Hating On Cathie Wood?
Cathie Wood is someone people love to hate. Why? Well, she is blamed for losing her investors' money, despite the fact that these investors are the ones who took on excessive risk in the first place. In today's video, we're going to compare ARK Invest's performance against an appropriate benchmark - not the S&P or NASDAQ. Turns out Cathie Wood worked with MSCI to develop custom indices to match her thematic ETFs. So, how have her funds fared against these custom indices? Let's find out.
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The skinny
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