Investor Cathie Wood, a Wall Street darling, is now criticized as a one-trick pony : NPR
Cathie Wood, who has millions of social media followers, is struggling this year. Wall Street is wondering whether one of the most successful investors it has seen in years was previously just lucky.
STEVE INSKEEP, HOST:
The world of investing has a handful of star portfolio managers, like Warren Buffett. But nobody is quite like Cathie Wood. She has more than a million followers on Twitter and YouTube. She’s been on magazine covers. She’s headlined conferences.
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UNIDENTIFIED PERSON: Please, help me welcome to the stage Cathie Wood, the founder, CEO, CIO of ARK Invest.
INSKEEP: Her funds saw astronomical returns during the early parts of the pandemic, and now they’re doing worse. So was she brilliant or just lucky? NPR’s David Gura spoke with her.
DAVID GURA, BYLINE: To her millions of fans, Cathie Wood is a visionary. She believes huge technological changes will soon reshape
