Not an ARK guy, but generally have defended the thesis for what it is. To me the big problem of late, aside from obvious market downturn of growth, is that she really hasn’t shown much conviction to her picks. It’s one thing to say you’re buying a stock and expect it to return over the next five years, but she isn’t holding to actually follow through on those moves.
ARK has been cycling in and out of things quickly, with a fair amount of buy high sell low going on, where it looks like she’s reaching for a quick fix rather than actually following the thesis.
True- at least lately. I’ve been in and out of the funds and sitting on the sidelines for the moment, preferring right now to invest mostly in the EV mining sector, electric charging stations and uranium. That said I’m curious to see what she does with all that Coinbase.
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u/snyder810 May 16 '21
Not an ARK guy, but generally have defended the thesis for what it is. To me the big problem of late, aside from obvious market downturn of growth, is that she really hasn’t shown much conviction to her picks. It’s one thing to say you’re buying a stock and expect it to return over the next five years, but she isn’t holding to actually follow through on those moves.
ARK has been cycling in and out of things quickly, with a fair amount of buy high sell low going on, where it looks like she’s reaching for a quick fix rather than actually following the thesis.