Cathie Wood's Sweet Superficial Success
While the rest of her ARKK components tank, Tesla remains the only string that Cathie Wood is holding on by. And now Elon Musk is cashing out billions.
“Live by the bullshit growth narrative sword, die by the bullshit growth narrative sword.”
At least, I think that’s how the old expression goes.
On my last podcast, while ranting in a stream of consciousness about Cathie Wood and her firm, Ark Invest, I brought up an interesting point that nobody on the financial news networks, or any of her investors, se…