The World’s Best Con Artist (Cathie Wood)

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A documentary exposing Cathie Wood of ARK Invest and how her ARK ETFs crashed

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I invested some of the money from the sale of my condo under ARK invest 6 years ago. The portfolio of 350k woulda been up by 70% now according to her projections, but now It's one of the worse choices I made. I want to explore different strategies so can grow my portfolio. Any real time tips?

NO-TIME
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It’s almost impossible to pump and dump an etf dude. Arkk just rode the wave of cheap money during the pandemic because it held a bunch of tech stocks. Those stocks were going up either way

sovietsandvich
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You are describing every fund manager on earth, not just her. Interesting video but it targeted one person where in reality it is the entire industry. There are ETFs that charge 0.1% or even more. Just for disclosure, I couldn't care less about Cathie Wood. Just saying every fund manager is the same, including her. 😉👍

guilhermesoares
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A polite reminder that the Nasdaq 100 traded at 16.51% of its all time high on Oct-08-02. That's a staggering 83.49% drop from its all time high on Mar-24-00. The Nasdaq 100 hit a new all time high yesterday.

NjonjoNdehi
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Tesla did go over $7000. It had forward splits that diluted the price. She was correct on that claim FYI.

johnathanphillips
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The $4, 000 Tesla stock prediction was before the split.

shawnhemingway
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But in reality, she is a genius.

Look how much money she stole without going to jail.

mmm-mqzr
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I wouldn't call her a con artist, info on arkk positions are available publicly, it's not like you don't know what you're investing in

helldeirch
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The bottom line is she is selling you the service that she is going to make you money and charge you a fee for it. If she does nothing but lose money for her clients you have to wonder why anybody would believe what she’s saying.

GrumpyCat-mwxl
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as a person who is a tech, I have found that the masses of people do not respond well to what tech people actually say. I think they don't really understand what is bing said. However, people in the business world and marketing have the skill to convince people of an idea even if its rubbish.

ovandocarter
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tesla did reach 6000 a share tho. so not sure what you're talking about Jake
after her prediction tesla had 2 stock splits. of 5 and 3. which means that a value of 400 now is a value of 6000 of previous float.

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Tesla is currently around $4, 000. Just like Cathy said. A 3:1 split in 2022, and a 5:1 split in 2021 = $3900 stock price today.

cornpop
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This shows It takes a con artist to know a con artist. Jordan Belfort was one of the best con artist so his management team has learnt well.

singaporewatchcollector
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Influential people tend to buy the society easily. It’s common in the financial market. The whales does this and the people follow their commands. It’s more mental than physical. Who trades the financial market?

JonathanWhite
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Now i think back couple of years ago, her interviews are pretty convincing. Great video! A good reminder to be extra careful in the future.

ckchong
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The fact people actually listen to people like her without doing their own DD is beyond me.

Gizzmo
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It’s just the way that Wall Street works. You convince people that you’re hot stuff and then get lots of assets under management. You get your free no matter how good or bad you perform. She don’t belong in jail, she is just really good at playing the game.

Bolgerscommand
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Years ago I showed my buddy the previous video and he thought it was bullying women and gave her a pass 😂

Samson-qw
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When she bought in on Robinhood, I jumped far away from it

harbinger_
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i don't see why she should go to jail. She marketed investments to adults and it is ultimately their responsibility to decide whether or not to invest. All investments carry risk and the returns are not guaranteed. It looks like many people thought they could get rich quick by investing in a well-marketed etf, and it turned out badly. no one was forced to invest.

joneskurian
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