Re:The Inverse Jim Cramer ETF Has Officially Arrived
by red-iron-pine on Friday March 03, 2023 @02:57PM
(#35014249)
What you think about Cathie Woods is irrelevant to ARK. It's still heavily TSLA, and all of the highs and lows are basically because ole Musky's car company had rollercoaster valuations.
I'm not saying ARK is good by any means, personally I'm not a fan of Cathie Wood at all. But context is important as well.
That fund is making big future growth bets. No one would go in with 100% of their portfolio on that.