ARKK ETF by Catherine Wood
Catherine Wood's Disruptive Innovation ETF
Warren Buffett is a stock god that everyone respected in the past, but in the past year, the female stock god Catherine Wood has become famous for the rising trend of technology stocks, and his head completely overshadows Buffett.
Therefore, this time I want to talk to you in detail about the prestigious history of this female stock god.
Catherine Wood founded ARK Investment in 2014 and listed the funds under her management under Exchange Traded Funds to facilitate investors to buy and sell, but the management fee is as low as some passive funds that track an index, about 0.75% per year.
Ark Investment launched 4 ETFs in September and October 2014. The themes are Next Generation Internet, Automation Technology and Robots, Innovative Technology, and Genetics.
Among them, Innovative Technology is currently the flagship ETF of Ark Investment and the most most popular ETF with the highest asset value.
Catherine Wood's investment orientation is Disruptive Innovation.
She believes that the most disruptive areas include genetic technology, robotics, blockchain, and artificial intelligence, etc. Therefore, Ark's funds all focus on these areas.
In addition to the above four ETFs, financial technology and 3D printing ETFs were established in the past two years, space exploration-themed fund was launched two months ago, and there is also an ETF with Israel’s technological innovation as the theme. Langfang Investment currently manages a total of 8 ETFs.
Catherine Wood, a female stock god, is really exceptional. The ETFs she manages are much more transparent than traditional funds.
The most obvious example is that she updates ETF holdings daily so that investors can instantly know her latest holdings. Variety.
Is ARKK ETF worth buying?
If you know something about Warren Buffett, you should know that he is a value investor, that is, the stock value must be very attractive to buyers.
To be more precise, the stock god chooses stocks, at least three conditions must be met. One is a high return on assets.
The second is to have an honest and capable management team, and the third is to have a reasonable price.
But the female stock god Catherine Wood is another style. Whether the price is reasonable is not important. As long as it meets the conditions of "disruptive innovation", she will buy it even if the valuation is high.
Catherine Wood's most talked about holdings is Tesla, whose valuation is "unattainable." In fact, the reason why Catherine Wood is familiar is precise because she insists on being optimistic about Tesla, and Tesla's stock price rose last year, creating this new generation of female stock gods.
However, investment is not based on one-and-a-half moment performance, but on long-term persistence.
The fund managed by Catherine Wood is no more than 7 years long. If it has accumulated nearly 50 years of results from Buffett's Berkshire company, it is still far away.
Therefore, although I also agree with her investment philosophy, it remains to be seen whether she can reach the status of god level!
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