Cathie Wood is arguably one of the most celebrated and most polarizing investors of our times. Wood's ARK Invest, an investment management firm that backs disruptive and innovative technologies, is known for taking aggressive bets on companies.
Notably, the firm's flagship fund - ARK Innovation ETF (ARKK) - turned out to be the best-performing ETF in the world in 2020, rising 153.2%. However, the post-pandemic performance has been less impressive. ARKK fell 23% in 2021, and gave up roughly two-thirds of its value in 2022. So, along with innovation, it could be said that volatility is another hallmark feature of Cathie Wood's holdings.
