Authored by Bill Blain via MorningPorridge.com,
“If you want great things to happen think big. Focus on the future. Double-down on innovation.”
Cathie Wood of ARK is in the headlines for an ill-judged investment commentary. Could ARK be headed for the wall as its disruptive investment strategy of buying illiquid companies that sacrifice profits to be part of the “innovation age” crashes? Watch this space… For my second Morning Porridge Christmas special I’m going to look at Cathie Wood’s infamous post from Friday last week: Innovation Stocks Are Not in A Bubble: We Believe They Are In […]
Read the rest of this story here: www.zerohedge.com
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