I will never never financially recover from this… Cathie Wood is a fraud

This comment is the 10000% embodiment of an “investor” who shouldn’t be buying ARK funds. Cathie isn’t the idiot - you are. Not a day goes by where ARK isn’t talking about 3-5 year (or longer) time horizons for their investments and discussing their long term goals. All while addressing how fucked the current market is and how it’s going to be wild for the foreseeable future until the fed grows a real sack.

Growth/tech Stonks - ya know, the ones that ARK invests in, are the ones which are hit the hardest by market fluctuations and Interest rate sensitivity. But they’re also the ones that gain the most under right conditions. Comes with the territory. At the end of the day, if you can’t stomach the road, don’t drive down it. Cathie never guaranteed you 75% in a month. If you want that just go to Vegas and convince the pit boss to let you throw $50k on 3rd 12. Might work.

ARK hasn’t lied about anything. They can’t predict the micro changes in the market like Pelosi can - because ARK isn’t insider trading like Pelosi is. If anything, ARK has been as transparent if not more than any fund. The game is longterm disruptive companies. Not short-term disruptive Thad’s Stonks.

/r/wallstreetbets Thread