Definitely buying the dip if you've missed the earlier run but be mindful of the company's balance sheet and Free Cash Flow. Other than Chinese banks trading at deep valuation, the other holdings I have in the CN portfolio are the "National" champions, BYD, Midea and Trip.com which is growing and expanding outside of CN at a faster clip than the domestically focused companies. Every time there's a dip, I'll just add more of the same!!
Pls sell everything she's buying. Let us know when Auntie Cathie is selling Tesla... that's the right time to buy![LOL]
Cathie Wood Loads Up $2.7M In Tesla On Day Shares Crash 11.4% — Also Adds This Bitcoin Related Stock
On a dayTesla Incstock dropped to over two-year lows,Cathie Wood’sARK Investment Managementtook the opportunity to load up on the EV maker’s shares, displaying itsunflinching trust in the company.ARK’
Time for everybody to move all their crypto to coldwallets offline. This is the only way to know the solvency of the wild wild west crypto exchanges. After the dust has settled you can then slowly re-deposit back.
Am surprised that the fallout on FTX has not spilled into the broader market and other risk assets... yet! I'm sure the weeks ahead will be the day(s) of reckoning for everybody with ties to FTX and we can expect more volatility across the board as the contagion spreads.
a wise man once said "only when the tide goes out do you discover who's been swimming naked"... who do you think he is referring to.... [Facepalm]
Cathie Wood Warns U.S. Is Already in a Recession
Ark Invest CEO Cathie Wood admitted during a Tuesday interview with CNBC that she had dramatically underestimated the severity of inflation -- before claiming that the U.S. economy is likely already