Cathie Wood's Ark Ditches Ownership Caps, Add SPAC Warning

Mar.29 -- In a filing late last week, Ark Investment Management altered the prospectuses for its ETFs to remove clauses limiting its exposure and concentration risks, while adding language acknowledging that funds may buy into blank-check firms. Bloomberg's Claire Ballentine reports on "Bloomberg Markets: The Close."

[ajwaddanwarr]

Cathie is literally one of the few investors I still listen to.

[normalizedaudio]

She is going to take a lot of people down.

[bigworm]

This is not a good sign. Portfolio manager eliminating the guard rails ....Concentration risk + higher exposure to less liquid small cap stocks . I see a classic case study in the making.

[jginda]

Cathie going hard on the new economy. Investors know her strategy. More power to her. Don’t like it don’t buy. Quit complaining. She’s ones of the few who think ahead more than 1-4 quarters. 5 year time horizon at minimum. ARK is a bumpy ride. Buckle up baby

[tibsyy]

ARK will blow up the whole market! ARK Funds remind me of the hopes and dreams of the '90s! So many similarities! There will be a lot of innovation in the next 20 years like with the dotcom stocks but most of them are unprofitable. When liquidity dries up and funds flow reverses....KABOOM!

[antihypocrisy]

It's going to be interesting when fund flows reverse.

[tiaretsnyheter]

Claire Valentine looks as nervous as Kathie Wood ought to be!

[DavidsPortfolio]

I can imagine a lot of speculation around which SPACs will get picked up by Cathy. May increase volatility in them overall.

[peter]

"invested in the SPAC backed by tennis star Serena Williams" = her face is priceless as she realizes the absurdity of the markets

[Wooster]

She’ll put the excess cash into Bitcoin.

[vinayakkrishnaprasad]

She gets lucky with Tesla and now she is a rockstar

[rickjames]

Cathie woods will go down as a OG stock legend like 2pac for rap

[innermvp]

Inner MVP
“There is not a lot of companies doing disruptive innovation”.

Clearly people who knows nothing about innovation.

[Phlegethon]

Cathy is sending all the speculative stocks to the moon someday

[tibsyy]

If you think that someone is out there and doing all the research and hard work for you so you can invest in the best companies through an ETF, you are disillusioned! YOU have to do the hard work and going through all the financial reports, read even the notes of the statement and calculate everything for yourself! It is a very time-consuming thing!

[augustuscaesar]

Take a look at United States well services USWS . They have tech that reduces GHG. This is not financial advice.

[thetagang]

Lool her TSLA price target is bizarre. Sell while you can

[youtubesucks]

I take all my investing advice from Serena Williams.

[JazzyBee]

Claire Ballentine is totally clueless and has no knowledge about what she is reporting on.

[danchatka]

Bloomberg attacks Ark Invest to cover up for misleading its viewers about this great investment.
If you listen to Bloomberg, you will miss out on the best investments.
Many Youtube financial channels are a better source of good investment ideas and financial news.