Weak Hands, Credit Cards and The Growth to Value Shift
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That didn’t take long. Quickly coming back to yesterday and my thoughts on strong hands and weak hands from yesterday. Joe Weisenthal at Bloomberg posted this chart on Twitter. It shows the inflows and outflows to and from the ARK Innovation ETF over the past year. As it became clear that Cathie had become the star manager of the moment, people flooded into the fund. The after a short hit to performance, the fund had record outflows yesterday. So much for believing in the long-term view. Maybe this will prove to be a great trade, only time will tell. It will be fun to watch either way.
Weak Hands, Credit Cards and The Growth to Value Shift
Weak Hands, Credit Cards and The Growth to…
Weak Hands, Credit Cards and The Growth to Value Shift
That didn’t take long. Quickly coming back to yesterday and my thoughts on strong hands and weak hands from yesterday. Joe Weisenthal at Bloomberg posted this chart on Twitter. It shows the inflows and outflows to and from the ARK Innovation ETF over the past year. As it became clear that Cathie had become the star manager of the moment, people flooded into the fund. The after a short hit to performance, the fund had record outflows yesterday. So much for believing in the long-term view. Maybe this will prove to be a great trade, only time will tell. It will be fun to watch either way.