Via Protos: Cathie Wood, the “futurist” who pulled in billions from idiots and used it to bet on obvious nonsense, has destroyed more than 14 billion dollars of the money “invested” by fools.
All of them fully deserve the punishment.
= = = = = START PROTOS:
ARKK, the largest ETF Wood manages, has lost one-fifth of its value since the start of the year.
Her ARK Genomic Revolution ETF and ARK Fintech Innovation ETF have both lost 10% over the same time period while her ARK Next Generation Internet ETF has declined 14%. Even her ARK 21Shares Bitcoin ETF is slightly negative year-to-date. As of publication time, BTC is 94% shy of Wood’s $1.5 million price prediction.
= = = = = END PROTOS.
My NON-INNOVATIVE checking account hasn’t lost any money at all in 35 years. My NON-INNOVATIVE savings bonds have gained 200% in 25 years. If this means I’m a “pastist”, I’ll welcome the insult.
Polistra's Mill 