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One Year of ChatGPT & Why Most Billionaires Are Now... Nepo Babies
Morning Brew Daily
Kathy Wood's Renaissance in November
Kathy Wood, the investor who gained fame during COVID for her futuristic bets on next generation technologies, had a tumultuous period in 2021 and 2022. However, her flagship Arc Innovation ETF experienced a remarkable 31% rally in November, marking its best month on record. This resurgence has brought Kathy back into the spotlight. Additionally, the MSCI World Index saw an 8.9% increase this month, while emerging market shares rose by 7.4%.
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