In a recent letter to investors, Cathie Wood of ARK Investment defended her investment strategy. Wood addressed concerns and criticisms about her approach in the letter, reassuring investors of her confidence in the long-term success of her investments.
Wood emphasized the importance of staying true to ARK’s investment thesis, which focuses on disruptive innovation and long-term growth potential. She highlighted the strong performance of ARK’s funds despite recent market volatility, attributing this success to their innovative investment approach.
Wood acknowledged the challenges and risks associated with investing in emerging technologies and high-growth companies. However, she remained optimistic about the future prospects of these investments, citing the potential for significant returns over time.
Overall, Wood’s letter sought to reassure investors and reaffirm her commitment to ARK’s investment strategy. She remains confident in the potential of disruptive innovation to drive long-term growth and success for ARK’s funds.