Hey BL, i like the fact she is investing in "disruptive tech" , just like us here at BRN.
I do believe her and associates research is probably second to none, she see"s a great convergence taking place right now,
nothing like we have seen since the early 1900s, and ARK believes Ai will be the biggest mover.
She also sees deflation set for 2023, so if the RB starts to wind back interest rate hikes, then look out ,
AKIDA BALLISTA
Hi
@mrgds
Which is why I said either she's going to make a lot of money or going to lose a lot.
She may have a great team with rich knowledge on the future themes, but just a handful of bad decisions can turn things around, especially if this market doesn't go the way she wants.
For a hedge fund, they've to be careful with risk management or else end up like FTX.
I am only an individual holder, we have the flexibility to move around the market without creating a big wave. Big funds cannot do this.
ARK charts are one the of the worsts out there, it is almost back to where it's price was 5 years ago, hence my comment.
She may be right with her visions about AI, genomics etc, but her timing has been terrible over the last two years. Apologies if someone is holding this, you may have different opinion, and that's fine.
And she is not an investor either, she does trade the stocks quite a bit for 'rebalance'. May be not as inverse worthy as Jim Cramer yet.
I have no interest in ARK, used to think them investing in BRN would be great, but now I am not so sure.
Plenty of long standing solid funds around who will invest well when they find the revenue flow into BRN and see the company grow.
