The disruptive technology stock decisions made by asset manager Cathie Wood are losing value as bond yields jump and inflation soars. Her flagship Ark Innovation ETF, which has fallen almost to its epidemic low, is being severely harmed as a result. In this video, let's find out more about this problem.
Cathie Wood attempted to persuade investors that she would perform better in 2022 after her flagship fund ARKK underperformed last year.
She stated in December 2021 that "Innovation stocks seem to have entered deep value territory. Our strategies today could deliver a 30 to 40% compound annual rate of return during the next five years."
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