Classic bubble deflation. Cathy must be getting a lot of redemptions as the "rats" (aka newbie millennial investors) leave the ship. Same story in the 60's with the nifty fifties and do.com buuble. Nothing changes in wall street - a new generation must relearn the same old lessons.
Buy only good companies - GFGF and sleep well at night.
Cathy Wood's - ARKK Innovation ETF.
Praveen Chawla
Feb 23, 2022
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