Cathie Wood’s Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
Cathie Wood’s Ark Invest has destroyed $14 billion in wealth over the past decade. A Morningstar analysis found that Ark Invest topped the list of wealth destroyers among other investment companies. “These funds managed to lose value for shareholders even during a generally bullish market,” Morningstar said. Cathie Wood’s Ark Invest has destroyed an estimated …
