I’ve been following Cathie Wood lately, since a lot of the financial media has been reporting about her and her strategy for picking stocks. Coincidentally, her top picks are quite similar to the Western Sage Equity Fund’s top picks: TSLA, TDOC, ZM, SHOP
View ARK’s holdings here for the ARKK ETF.
She remains very positive about our current situation in the stock market.
“We are becoming more and more optimistic about our portfolios in this sell-off,” says Cathie Wood.
She adds, “Right now the market is broadening out and we think in an underlying sense the bull market is strengthening and that will play to our benefit over the longer term…”
Cathie Wood’s Career Highlights
Graduated Summa Cum Laude at USC, with a B.S. in Finance and Economics.
Started her financial career with Capital Group.
Work 18 years at Jennison Associates as chief economist, analyst, portfolio manager and managing director.
Co-founded Tupelo Capital Management (a hedge fund) in 1998.
Worked 12 years with Alliance Bernstein as CIO.
Founded ARK Investment Management LLC in 2014.
Networth: $250 Million
Politics: Republican. Was a big supporter of Donald Trump during his 2020 Presidential Campaign.
Active ETFs (exchange traded funds) available on the stock market: ARKK, ARKQ, ARKW, ARKG, ARKF
Official Website: https://ark-funds.com/
Personal: Divorced. Mother of three. Devout Christian. Her company was named after the Ark of the Covenant.