Is this the world’s best stock picker? ...Middle East

Quartz - Economy

What do Tesla, Square, bitcoin, and Shopify have in common? Yes, they are all red hot and bubbly. But they have also been blessed by Cathie Wood, the star stock picker and bespectacled founder of ARK Investment Management. Wood’s “disruptive innovation” fund has posted a 140% gain over the past year, blowing away the 21% gain of the broader US stock market.Wood has made a name for herself by looking deep into the future to predict how things like battery storage and genome sequencing will reshape the economy. Her company’s eye-popping returns sparked a cult following, and tens of billions of investment dollars are flowing into ARK’s coffers. The question is whether she’s lucky—propelled by a

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Last updated : 27 February 2021 clock 01:00 PM

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Is this the world’s best stock picker? ...Middle East

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