Premium: The Cathie Wood story: famous boom-bust investor with rock solid conviction

Today's republished story from our partners at the FT is rather special. It is the most in-depth piece I've yet seen about the investment community's Second Machine Age missionary – ARK Invest founder Cathie Wood.

It remains unusual in the current era to openly discuss one's relationship with God. So, as you might expect, the writer focuses a great deal on Wood's very public faith. Including how Psalm 91 is her refuge; and that Wood prays before any big move. In the secular world. some regard this as barmy – except it replicates the practice of late great investor Sir John Templeton (1912-2008), a man whose performance and track record remains a reference point for many in money management.

More to the point, even those who reject the existence of a Higher Power would accept there's logic in taking a deep breath before an important decision. Prayer, like meditation, affords this. And right now, with assets in her once market-topping funds down 50% and funds under management having fallen two thirds, Cathie Wood is praying a lot more than normal. Her convictions remain rock solid.

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