Cathie Wood Just Doubled Down on This Obscure Stock

By Alexander Boulden / September 25, 2023 / www.outsiderclub.com / Article Link

Dear Outsider,

If you've been reading us for some time, you've surely picked up on a few things.

We tell you the unvarnished truth...

We take responsibility for our mistakes...

And we always try to get to the good grass first.

Take the news that came out of Cathie Wood's ARK Invest last week.

She just doubled down on an obscure stock that we've been writing about for over a year.

I'll reveal that stock in a minute...

But if you're not familiar, Cathie Wood is a prominent American investor and the founder, CEO, and chief investment officer (CIO) of ARK Invest, a New York-based investment management firm that specializes in actively managed exchange-traded funds (ETFs) focused on disruptive and innovative technologies.

She gained widespread recognition for her bold and often contrarian investment strategies, as well as her successful track record in identifying and capitalizing on emerging trends in the technology and innovation sectors.

She's particularly known for her bullish views on companies involved in areas like electric vehicles, genomics, artificial intelligence, and blockchain technology. Her investment style involves a strong emphasis on long-term growth prospects and a belief in the potential for innovation to reshape industries.

ARK Invest's flagship ETF, the ARK Innovation ETF (NYSEARCA: ARKK), is one of the most well-known and successful ETFs managed by Wood. Under her leadership, ARK Invest attracted significant attention and investments, making her a prominent figure in the world of finance and technology investing.

So she's obviously in the know, right?

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