4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP483: Down But Not Out w/ Cathie Wood

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Are You Developing a Succession Plan?

You stepped down from two of your portfolios this year, the Arc 3D printing ETF and the Arc Israel Innovative TechETF. Both have been down as well. But I'm curious if the underperformance has led to increased pressure on you to sort of develop a succession plan? Well it hasn't just been performance. It's been good business sense, right? And so once we were in charge of our own destiny after we bought out our partners, minority interest,. We started putting in place the succession plans for me and for Rhett Wynton, who was our director of research and now is our chief futurist.

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