Premium: Victory for Macron, Musk; Investors keep supporting Cathie Wood’s Ark Fund
The republished article below articulates the dilemma many investors are facing right now. If you buy into megatrend and want your investments to reflect that assertion, then how do you stay the course when fashion turns against you? Indeed, how do you resist the temptation to time your purchases (and sales)?
The BizNews Shyft portfolio is focused exclusively on Exponentially Growing companies – or at least those we believe qualify for this description. This is based on a conviction that technology is transforming the economy, reallocating rewards away from the previous winners to those businesses positioned for what is popularly called the Fourth Industrial Revolution. In this approach, the portfolio mirrors the ARK Funds view.
As the WSJ reports below despite a 45% reverse in its unit price, Cathie Wood's flagship ARK Fund has continued to attract hundreds of millions of dollars in fresh money from its retail investor support base. This is surprising to financial sector professionals now promoting a mantra of 'it's time to switch to value'. There could be a rational reason, however.
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