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Elaine Garzarelli's Black Monday Prediction
- Elaine Garzarelli correctly predicted the 1987 stock market crash, known as Black Monday.
- Her accurate prediction made her a Wall Street superstar, but her success was difficult to replicate.
Cathie Wood and ARK Investment
- Cathie Wood and ARK Investment gained popularity for their successful bets on tech stocks during the pandemic.
- Their returns were astronomical, quadrupling at one point, but the success was fleeting as the market shifted.
Risk and Return
- Big returns require big risks, and aligning with market trends is key for success.
- Capturing a specific market moment doesn't guarantee future success.