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Recession Not Required (EP.317)

Animal Spirits Podcast

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The Dollar-Way Returns of the ARK Fund

The average ARK investor has lost 21% on the dollar-weighted annualized basis. This is since ARK's inception against the S&P 500. In February 2021, ARK was outperforming by 600%. Holy moly. That's quite a behavior gap. Geez. The stock's up- The fund's up 60% year to date. I remember she got dunked on for obviously selling Nvidia, but for buying Coinbase after the SEC. Do you remember that? Yeah. She bought it the day after the SEC announced that they were still in cryptocurrency or going afterCoinbase. Guess where it is now? She bought more? Is that 110 almost? It doubled

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