Cathie Wood went from the hottest investing guru around to cold fish in just a year. Her Ark Invest exchange-traded funds (ETFs) doubled investors' money in 2020, but subsequently collapsed when the tech stock bull market came to a screeching halt. 

However, Wood's Ark Innovation ETF is running strong again in 2023, up over 23% since the start of the year compared to a 1.5% decline in Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B). Warren Buffett, of course, has an enviable 60-year track record under his belt and has generated returns of 3,600,000% in that time frame (yes, you read that right -- 3.6 million percent returns).

Image source: The Motley Fool.

Continue reading

Source Fool.com