Who is one of the most famous pundits on the entire planet about the stock market? Whose face is known the world over? Who name is heralded? Why, Cathie D. Wood, of course.
Her flagship fund, ARKK, has changed 0% since August of 2018. There is nothing shameful in this, because the stock market has been flat for the past six years, and nothing has happened in the world in 2018, 2019, 2020, 2021, 2022, 2023, or so far in 2024.
One of her favorite stocks of all time is Teledoc. Here’s a video of her pushing it, saying how it is “like Amazon” and how it is going to “10x“.
Since she’s rich and famous, and can get on television any time she wants, so surely she must have nailed this. Here’s an update for you.
Oh, and by the way: