Yesterday, I took a shot at explaining why I think that people hate Cathie Wood. In a nutshell, it has to do with her performance. Professional managers are in a constant state of competition for assets. They are not only trying to beat the market but the are trying to beat each other. Quite honestly, if I was going to give someone my money to manage, this is exactly what I would expect of them. Come up with a clear objective, then outwork the competition to beat them and that objective.
It's Always All Relative
It's Always All Relative
It's Always All Relative
Yesterday, I took a shot at explaining why I think that people hate Cathie Wood. In a nutshell, it has to do with her performance. Professional managers are in a constant state of competition for assets. They are not only trying to beat the market but the are trying to beat each other. Quite honestly, if I was going to give someone my money to manage, this is exactly what I would expect of them. Come up with a clear objective, then outwork the competition to beat them and that objective.