Cathie Wood Defends ARK Strategy Amid Nvidia Miss and Rate Cut Pleas
TL;DR Summary
Cathie Wood of Ark Invest expressed regret over selling Nvidia stock too early, missing out on its 172% gain this year. She acknowledged that had she known the market would reward Nvidia and other top tech stocks, she would have held onto it. Despite her previous concerns about Nvidia's volatility, the stock has significantly outperformed expectations.
- Cathie Wood: We would have held Nvidia if we knew that it was going up Business Insider
- ARK Investment's Cathie Wood defends strategy in letter to investors Reuters
- Cathie Wood’s Nvidia, Tesla Stock Calls Expose 3 Market Truths What Went Wrong and a Few Other Things to Know Today. Barron's
- Cathie Wood has been pleading for rate cuts. Her flagship fund missed the rally. MarketWatch
- Cathie Wood Defends ARK’s Strategy as Outflows Continue Yahoo Finance
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