News for hackers. Stuff that matters.

A comment on The rise and fall of Cathie Wood, controversial Wall Street investor. Parent comment

Re:The rise and fall of Cathie Wood, controversial Wall Stre... by encoderer on Monday May 30, 2022 @12:45AM (#31555565)
> You can have 4 years of 20% returns and if the last year you're down 50%, you gave back nearly everything you've ever made

Yes but luckily the fund went up much more than that, much faster. Feels like a strange point to make?

[ Parent | on HN ]
Re:The rise and fall of Cathie Wood, controversial Wall Stre... by esoterica on Monday May 30, 2022 @12:48AM (#31555576)
It's also down more than that (70%).
[ Parent | on HN ]