Cathie Wood Wants to Light Your Money on Fire (ARK ETF Breakdown)

Cathie Wood and ARK Investment Management have a new ETF based on a obscure book about Transparency, This video analyzes the new ARK Transparency ETF (and Cathie Wood's ARK ETFs generally). I explain why I think Cathie Wood is a victim of incentive-caused bias, and share classic investing wisdom from Warren Buffett that illustrates how Cathie Wood's funds cannot win in the long-term. I added plenty of humor to this video about Cathie Wood, but as I said in the video, I mean no disrespect.

Podcast: Why Cathie Wood & ARKK Will Ultimately Crash and Burn
Listen via Apple Podcasts - https://apple.co/3KWhIPT
Listen via Spotify - https://spoti.fi/3KXNAni

Note: I mentioned 0.75% expense ratios for the ARK actively-managed ETF. The Transparency ETF is not actively-managed, and it has a lower expense ratio.

Who is Cathie Wood?
Catherine "Cathie" Wood is an American investor and the founder, CEO and CIO of Ark Invest, an investment management firm.

"Fans of fund manager Cathie Wood have built websites that track her every investment move. They sell T-shirts with her picture in the style of the Barack Obama “Hope” poster and with the ticker symbol of her flagship exchange-traded fund, ARK Innovation. On social media, they call her “Mamma Cathie,” “Aunt Cathie” and, in South Korea, “Money Tree.”

Behind the adoration is her unchecked enthusiasm for a certain kind of speculative investment: companies that generate little or no profit but have what she says is the potential to change the world through “disruptive innovation.” Her asset-management firm, ARK Investment Management LLC, has bet heavily on buzzy sectors including alternative-energy businesses, space exploration and digital currencies."

Full article: https://www.wsj.com/articles/cathie-w...

This video contains snippets from the following:

1. Cathie Wood Says New ETF Is Radically Transparent
   • Cathie Wood Says New ETF Is Radically...  

2. Cathie Wood of ARK Invest says she still expects to see significant returns over the next 5 years
   • Cathie Wood of ARK Invest says she st...  

3. Our companies are investing aggressively because they see enormous opportunities, says Cathie Wood
   • Our companies are investing aggressiv...