What has fund manager to lose? Other people’s monies, mostly. There is a saying biting others fingers is not painful to oneself. When biting their own fingers they will think twice.
Wall Street's hottest investor is betting big on a handful of stocks. Critics say she's playing with fire
New York - At a time when many investors are content to follow the crowd and buy top techs like Apple, Amazon and Microsoft, Cathie Wood is looking for the next big innovators in buzzy fields like robotics, fintech and space exploration.It's a high-flying, high-risk, high-reward tier of investing. And it's put Wood's fans on a white-knuckle ride in 2021.Last year, Wood's strategy paid huge dividends for investors in her flagship Ark Innovation exchange-traded fund. It surged nearly 150% in 2020
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