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Benzinga
Benzinga
Business
Rachit Vats

Tesla Bull Cathie Wood Says Current Sell-Off Is The 'Most Massive Misallocation Of Capital' In History

Ark Invest Founder and CEO Cathie Wood on Monday called out the shift towards passive investing as mindless and backward looking, pushing investors to “mimicking indexes” over inflation related fears.

What Happened: A Tesla Inc (NASDAQ:TSLA) bull, Wood argued that stocks at the top of the indexes are there because of what has happened historically.

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