Bottom Fishing After The Crash

Jim, what do you think about ARKK ETF by Cathi Wood.

If you can’t say anything nice, don’t say anything at all.
If I knew it in more depth I could probably find something nice to say.
I’m a glass half full kind of person, after all.
It has had a positive return since mid December 2017, for example. CAGR 0.75%. Would have been twice that without the fees.

For example:
I could say nice things about SARK, which I suggested shortly after it opened.
It’s perhaps the world’s most insulting ETF: they short whatever ARKK buys.
Up 130% since its inception last November. Ummm…CAGR 317%.

Probably OK to take profits on that.

Jim

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