Stunted Growth: Scottish Mortgage vs ARK
Many Happy Returns
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Open-Ended vs. Closed-Endered Funds
With an open-ended fund like Cathy Woods-Ark, the price of the shares is literally equal to what's in the fund. Whereas with a closed-ended, it fluctuates hugely and that's good if you want very accurate measurements - but not for unlisted stocks. With an investment trust, you really don't know how much money will be made by buying or selling them at any one time. And they're less liquid than something like an ETF, particularly the big ones. But I think people likeETFs, don't they? Because they can buy and sell them in a second. Yeah, so it's more liquid. It seems to me that these investment trusts and close
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