Cathie Wood’s ARK Investment Management LLC is snapping up more shares of largely unprofitable companies, doubling down on a bet that many traders and investors expect to be tested this year byOver the past two weeks, Ms.
Wood’s flagship ARK Innovation exchange-traded fund has bought more than $400 million of high-growth stocks, including Roblox Corp. , Block Inc. and Robinhood Markets Inc. That’s according to the firm’s daily trading logs and stock-pricing data as of Friday. She says the companies, which span videogaming, digital payments, trading and other industries, have the potential to change the world.
If you lose RDAR it will truly be a shame because according to what i've observed about that stock it will grow even more on top of its current growth which is rapid if anything, and i suggest you don't waste any more time and buy stocks before it's too late!
The average investor would be much better off investing in an SP 500 mutual fund which is only down 7 % compared to ARK which has lost 25%.
high risk high return🙂
She's rich enough to take those chances with OP money