Don't Be Fooled by Cathie Wood Headlines: This Is a Losing Investing Strategy for 2022
Cathie Wood is an institutional investor who has gained a following among retail investors. Wood's ARK Invest manages several extremely popular exchange-traded funds (ETFs) and their popularity is understandable given their strong performance. For example, the ARK Innovation ETF (NYSEMKT: ARKK) has more than tripled the S&P 500's annualized performance since its inception in 2014.
Wood has the respect of retail investors, including this one. However, I fear investors will implement a losing strategy in 2022 based on headlines I've been seeing related to a recent interview with Wood. ARK Invest is apparently testing something called "ARK on steroids" and I have a sinking feeling that many investors will try to juice their returns as well.
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Source Fool.com
