Cathie Wood’s ARKK Is NOT The Lost Ark From Raiders Of The Lost Ark, Just Another High Risk/Negative Alpha Fund

by confoundedinterest17 Cathie Wood’s ARKK Innovation fund reminds me of the Ark scene from Raiders Of The Lost Ark. “It’s beautiful” proclaims Belloch. Before it turns ugly and kills everyone. Yes, the ARKK Innovation Fund, managed by Cathie Wood, is high risk (beta = 2.28) and low alpha (excess return) fund with a negative alpha of …

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