Cathie Wood is the icon of the modern retail investor. She picks a good stock once, then chases that high for the rest of her life while losing money! This is relatable investing.
@GigaGoose123
Жыл бұрын
You always get the first one for free... right?
@Chris-oz9qx
Жыл бұрын
Exactly, same with SoftBank, they got in early on Alibaba and since then have made bad investment after bad investment.
@thestinkydwarf
Жыл бұрын
So basically same as a gambler who wins early...
@massimo931
Жыл бұрын
So very true, yet she's an all over pudit.
@dkaoboy
Жыл бұрын
no, she doesn't lose money, she generates cash from her expense fees. It's the people who bought into her ETF that lose money.
@RAS_Squints
Жыл бұрын
'She said old school investor are too obsessed with accounting metric and cash flows' To be fair, when the money printer goes BRRRRR, her strategy works. When we are going into a recession, people focus one actual proven accounting metrics and cash flows
@samsonsoturian6013
Жыл бұрын
Any long only strategy works during quantitative easing.
@raymondyu7933
Жыл бұрын
@@samsonsoturian6013 Or She has too much pride to lose when she admits her mistakes,
@thekingofkush4447
Жыл бұрын
I can’t believe this grifter said this. Women ruining everything, smh
@xeridea
Жыл бұрын
Remember, Biden redefined what a recession is......
@MakerInMotion
Жыл бұрын
@@thekingofkush4447 She could have been baking us some delicious cookies instead.
@accrualworld4488
Жыл бұрын
I’m an accountant and you should never trust a firms adjusted EBITDA figures alone. They can report them however they like. Start with the cash flow statement. Cash never lies.
@headlessfool7050
Жыл бұрын
^ underrated comment .
@Kawiboy
Жыл бұрын
Boom! Right on 👍
@kaputasri
Жыл бұрын
Good advice no wonder accountants aren't likable they don't bs you.
@joefer5360
Жыл бұрын
I'll admit, my beginning of looking at company reports as a retail investor was "is this place making a profit and have they been for the past decade?" Tied that strategy with "go with the most common household brands" and it's worked pretty well for stock picking. I perform just as good as the Indices, but I get to learn about a bunch of different companies and their industry in the process. Along with that, it's taught me how to keep track of macro trends so I can decide what industry to average my investment cash stack into over the year. This knowledge is priceless.
@interestinginvestments6711
Жыл бұрын
I have a question. Is operating cash flow minus depreciation a good enough metric or should I just use free cash flow?
@diegovalles7048
Жыл бұрын
As an accountant, casually recognizing deferred revenue is laughable 😂
@Ciborium
Жыл бұрын
Isn't that how Enron got into trouble?
@chriswright9096
Жыл бұрын
@@Ciborium Yes, one of the ways.
@cgasucks
Жыл бұрын
It's like a homeless person claiming he's a millionaire by recognizing his future net worth in the present.
@vinniechan
Жыл бұрын
She is basically saying she knows better that thousands of accountants and finance professionals.with decades of experience and reinvent the wheel
@samsonsoturian6013
Жыл бұрын
@@Ciborium one of many things, yes
@FKS1994
Жыл бұрын
She's a YOLO investor who got lucky during the COVID run-up with free money and low interest rates.
@jackbits6397
Жыл бұрын
Yup, to listen to her Zoom invented remote work solutions.
@aheroictaxidriver3180
Жыл бұрын
2012 calling.
@nas8318
Жыл бұрын
It's not just her. It seems like all venture capital firms and Silicon Valley have collectively decided that profitability is for losers.
@frevazz3364
Жыл бұрын
There are plenty of proven companies out there that are delivering revenue and profits but they aren't "sexy" and exciting as the "fake till you make it" tech firms.
@nas8318
Жыл бұрын
@@frevazz3364 Exactly. Everybody goes for the get rich quick scams then cries when the inevitable happens.
@chrischen3109
10 ай бұрын
Yes .... I think 98% of these firms are pretty much scams ...
@WillieFungo
Жыл бұрын
The strangest thing about her is that she continues to double-down on her horrible ideas.
@movement2contact
Жыл бұрын
Works for Musk... 😏
@fnordiumendures138
Жыл бұрын
What else is she going to do? She can hope to get lucky again or collect a high salary until the fund collapses. If she goes: "Uh... I guess I can't outpreform the marked," it's over at the spot.
@rjw6487
Жыл бұрын
Cathy is just buying time... Never believed her stories and acted accordingly.
@nas8318
Жыл бұрын
If the market rebounds in a year or so she will look like a genius.
@teabagtowers3823
Жыл бұрын
@@nas8318 Yeah but that goes off the assumption her investments are worthwhile.
@bikinggreg
Жыл бұрын
Never mistake 'luck' for 'skill.'
@JoseSanchez0795
Жыл бұрын
❤
@St.Maurice
Жыл бұрын
Was she lucky with her Zoom and Roku picks too?
@RealSerie26
Жыл бұрын
@@St.Maurice 💯
@VinceroAlpha
Жыл бұрын
@@St.Maurice Yeah, so were a shit ton of beginner investors as well. ass.
@St.Maurice
Жыл бұрын
@@VinceroAlpha What have you done? Feel free to show receipts. 😉
@bullettime001
Жыл бұрын
I don't know Kathy Woods was a chef because this cookbook is amazing
@davidanalyst671
Жыл бұрын
She is not cooking the books. You suck down WSM's bullcrap and don't ask why this is happening. Learn from a man who is not an accountant, but is still smarter than WSM. Cathie understands that all the tech startups run in a no-profit mode. All the money that comes in the door goes into the bank account and is spent on growing the company. THe established companies in the market are run for profit, while these companies are being run for growth. What cathie is doing is taking the balance sheets of the megacorps and asking if Roblox wasn't in mega growth mode, what would the balance sheet look like? Thats what shes doing. Its actually pretty simple. Amazon was run in mega growth mode with no profits for over a decade and once wall street figured out how fast it was growing the stock exploded. Cathie is buying stocks that are fixing to explode like that.
@vicdansanch
Жыл бұрын
@@davidanalyst671 are you a bot smh
@Lawliet734
Жыл бұрын
@Kyle "...Kathy [Cathie] Woods [Wood]..."
@frevazz3364
Жыл бұрын
@@davidanalyst671 hope you aren't being serious....
@b3ntleg
Жыл бұрын
Something I have never gotten my head around is her obsession with first mover advantage. Amazon was not the first e-commerce store, Yahoo existed before Google, the pebble watch existed before the Apple watch, etc...
@bogdanlevi
Жыл бұрын
This is based on the assumption that the so-called network effect is more important than anything else or, in more conventional terms, that the monopoly always wins. People easily fall for the monopoly story if you try to scare them, and the first mover story is just a positive spin on the same idea.
@jantschierschky3461
Жыл бұрын
Well so true many so called first movers are gone and forgotten. My math teacher said long time ago slow and steady, check fundamentals, who runs it etc. Than take calculated risk.
@alatus7242
Жыл бұрын
Should have started off with Myspace...
@jamalnasir5648
Жыл бұрын
@@jantschierschky3461 something like 70% of the companies that were trading in the S&P 500 index in 1960 were no longer trading by 1990
@jantschierschky3461
Жыл бұрын
@@jamalnasir5648 true, but many were merged. As I stated do your homework
@InsidiousDr9
Жыл бұрын
Everyone is an investing genius in a record bull market.
@St.Maurice
Жыл бұрын
Didn’t Roku and Zoom skyrocket during the pandemic? She was lucky 3 times!!!
@DoctorBiobrain
Жыл бұрын
My accounting method is to take the average quarterly gross revenue of Apple combined with the average daily expenses of a florist and apply that to all companies equally. Then I use a chicken to pick my stocks by pooping on a Twister mat. It works pretty well.
@kidd32888
Жыл бұрын
Take my money!!
@James87987
Жыл бұрын
Can I borrow your chicken?
@chessdad182
Жыл бұрын
You may be onto something. It likely would top Cramer's picks too. Cramer vs Chicken... I would watch that.
@Joherandez-jz4jn
Жыл бұрын
You should contact Cathie Wood and sell her your method.
@AlanSmith88888
Жыл бұрын
Cathy gets her 0.75% either way. She winning. lol
@samsonsoturian6013
Жыл бұрын
People only invest if stock go up
@707Berto
Жыл бұрын
Meanwhile SBF is going to prison and she continues to defraud her investors.
@samsonsoturian6013
Жыл бұрын
@@707Berto Cathy isn't a liar.
@chiquita683
Жыл бұрын
@@samsonsoturian6013 questionable. you really think she is this clueless?
@samsonsoturian6013
Жыл бұрын
@@chiquita683 most of her team was recruited while in college, so yeah. Inexperience and autists are a big problem despite the leader's respectability.
@samsonsoturian6013
Жыл бұрын
It sounds like Cathy's team cooked the books for these companies in order to delude themselves it was a good idea.
@Invin_cibles
Жыл бұрын
There's reasonable logic and then there's deluded incoherent conclusions clowns like this come up with 😂
@davidanalyst671
Жыл бұрын
no. You suck down WSM's bullcrap and don't ask why this is happening. Learn from a man who is not an accountant, but is still smarter than WSM. Cathie understands that all the tech startups run in a no-profit mode. All the money that comes in the door goes into the bank account and is spent on growing the company. THe established companies in the market are run for profit, while these companies are being run for growth. What cathie is doing is taking the balance sheets of the megacorps and asking if Roblox wasn't in mega growth mode, what would the balance sheet look like? Thats what shes doing. Its actually pretty simple. Amazon was run in mega growth mode with no profits for over a decade and once wall street figured out how fast it was growing the stock exploded. Cathie is buying stocks that are fixing to explode like that.
@samsonsoturian6013
Жыл бұрын
@@davidanalyst671 bagholder detected
@georgez8350
Жыл бұрын
@@davidanalyst671 hello Cathie 👋
@teabagtowers3823
Жыл бұрын
@@davidanalyst671 Your comment ain't just your average bullshit. Not even the world's largest cow could produce that much bullshit as what you just wrote. Did you write that because you invested in ARK and are to deluded/in denial to admit that you've been burned.
@Derekzparty
Жыл бұрын
You know your company is screwed when Cathy can't even fudge your numbers to profitability.
@egal1780
Жыл бұрын
She's literally a grown Up Professional Wallstreet-bets User. With her Investment Funds and all she's literally living the Dream of Wallstreetbets...
@vinniechan
Жыл бұрын
There are good reasons why you don't recognise money received as revenue until you have earned it Cathie is basically saying she knows better than accountants with decades of industrial experience and reinvent the wheel
@davidanalyst671
Жыл бұрын
you don't understand what cathies accounting system is actually doing, and you aren't very smart for ignoring her points.
@jantschierschky3461
Жыл бұрын
@@davidanalyst671 you do ? Well yes she is smart too smart for her own good. Well I been investing for long time and her logic is way beyond me, weird thing so I make money.
@freckrpeckr
Жыл бұрын
@@jantschierschky3461 any tangible criticisms??
@Lawliet734
Жыл бұрын
@Vinnie "...accountants with decades of industrial experience and reinvent the wheel..." Who "reinvent the wheel"? Accountants with decades of industrial experience?
@bate01071
Жыл бұрын
@@freckrpeckr Enron played fast and lose with innovative deferred revenue accounting systems that it too trumpeted as superior to more old fashioned/conservative revenue recognition principles. If you start playing that game, it can be a slippery slope to even dodgier accounting tricks with a focus on the short term.
@PimpinBassie2
Жыл бұрын
That deferred revenue trick reminds me of Enron's mark to market accounting.
@chrsmcfrln
Жыл бұрын
It’s not as bad as Enron. Her companies at least have the money in hand. Enron forecasted fiction, then recognised it as revenue.
@melanineyedoc
Жыл бұрын
@@chrsmcfrln forecasted fiction 😂 😂 😂 😂 😂
@joedennehy386
Жыл бұрын
All that pesky accounting just gets in the way of her brilliant strategy
@samsonsoturian6013
Жыл бұрын
Most of Cathy's team is very young. As in, she recruited them while they were in college kind of young. Of course they don't seem to understand business math.
@Invin_cibles
Жыл бұрын
Funny enough majority of business owners who haven't gone to college don't understand business and the quantity of those are far higher than the perceived quantity of so called college graduates that simpletons like you categorise as knowing nothing lmao.
@davidanalyst671
Жыл бұрын
no. You suck down WSM's bullcrap and don't ask why this is happening. Learn from a man who is not an accountant, but is still smarter than WSM. Cathie understands that all the tech startups run in a no-profit mode. All the money that comes in the door goes into the bank account and is spent on growing the company. THe established companies in the market are run for profit, while these companies are being run for growth. What cathie is doing is taking the balance sheets of the megacorps and asking if Roblox wasn't in mega growth mode, what would the balance sheet look like? Thats what shes doing. Its actually pretty simple. Amazon was run in mega growth mode with no profits for over a decade and once wall street figured out how fast it was growing the stock exploded. Cathie is buying stocks that are fixing to explode like that.
@samsonsoturian6013
Жыл бұрын
@@davidanalyst671 did you copy paste that not knowing you replied to the same guy twice?
@CheckThisOut77
Жыл бұрын
You have identified a key to her fall.
@leepialong
Жыл бұрын
ok then how can she collect $300M in fee then?
@terryleong7
Жыл бұрын
This is why one can make money on SARK which is a short of Catie Woods portfolio
@manonamission2000
Жыл бұрын
Short the FARK
@edaaronearthchannel
9 ай бұрын
That's hilarious
@RachelBrinkmeier
Жыл бұрын
Although the companies in my portfolio are solid, last year was a loss. In my first year of investing, I experienced a 35% decline in the March/April sell-off and a further 17% decline in the most recent sell-off. I earn my money via hard work, thus investing makes me anxious and depressed. I'm uncertain if I should sell everything and wait.
@ThormanBoucher
Жыл бұрын
The time for selling is now over. Since the two aren't necessarily associated, if your investment was down 35% this year, you're not buying good businesses or stocks. The best businesses on the planet are found in the S&P. Contrary to what Cathie claims. The return on the S&P last year was 27%. That's amazing if you enjoy ARK. The research and transparency Cathie uses are both admirable. However, it is simply irresponsible to not be assigned to what is likely the best index in the planet.
@ThormanBoucher
Жыл бұрын
@colleen.odegaard It's not like I invest in a certain fund because my portfolio is fairly diverse. "LISA ELLEN SHAW", an investment adviser who is subject to SEC regulation, is quite the genius when it comes to portfolio diversification and direction. My portfolio just follows what she trades and not just on some certain industries of my choosing; it increases by an average of 25% each month.
@velayuthman
Жыл бұрын
@@ThormanBoucher When I searched for LISA using her complete name, I came on her website. I read over her resume, reviewed her educational history, and noted how excellent it was. She will act in my best interests because she is a fiduciary. So I messaged her, and I'm hoping for a prompt response.
@Andre_Beth
Жыл бұрын
You are the voice of reason. I have been dumbfounded as to how she manages to keep her business afloat. I have never come across such a delusional fund manager before.
@franciscodanconia4324
Жыл бұрын
“If you back out all their expenses all the companies in my portfolio are wildly profitable.” - Cathie “Cash flows? We don’t need no stinkin cash flows!” Wood
@frevazz3364
Жыл бұрын
Those pesky expenses, who needs them lol
@rogerevans15
Жыл бұрын
I agree completely. If you have no expense, of course any income at all is profit. Like other comments on here, it amazes me that investors follow the logic she presents.
@ErikHare
Жыл бұрын
I just bought a carton of a dozen chickens at the grocery store. I calculate that they are producing hundreds of eggs per week.
@gregtomamichel973
Жыл бұрын
Your adjusted EBITDA must look great!
@biometal770
Жыл бұрын
I work for one of the biotech companies listed in the ark revised report. It shows as our company being slightly profitable, but we are definitely not profitable, and we will go bankrupt within a couple years if drastic action is not taken soon
@Neddie2k
Жыл бұрын
This lady cost me thousands of pounds. I thank her teaching me the hard way and finally becoming a value investor.
@mhmhmmhmhm5162
11 ай бұрын
If ur based out of the UK (judging from you saying "pounds") you should look into terry smith's fund. One of the actively managed funds who has beaten the index.
@JoeSmith-kn5wo
Жыл бұрын
I have worked for multiple FAANG companies. The one correction I will make about your assessment about salaries is large tech company DO NOT pay large cash salaries relative to new start-up. Most of us employeed at the FAANG companies get most of our compensation from large stock grants and not massive cash salaries. Here is an example of what an actual comp package looks. Base Salary: $175,000 annual Stock Grants: $900,000 paid over 4 years Sign-on: $100,000 👆 most of the money made is not base salary. The only way tech workers can make large comp packages is massive stock grants. Even large tech companies print their own stock to compete with each other on comp packages to get talent.
@Kalarandir
Жыл бұрын
I get your point, but I like your idea of NOT a large cash salary.
@alex444000
Жыл бұрын
I think that big companies while giving large stock packages don't dilute stock, they buyback stock with their cash - so that cash serves them better than just giving it away, but I may be wrong.
@Richard-y5u
3 ай бұрын
There’s no 100k sign on anymore and those renumeration packages are bs. I doubt you are earning a fraction of that over 4 years, that’s if you still have a job.
@samsonsoturian6013
Жыл бұрын
What would you think of the idea that the explosive growth of venture capital in recent decades is driving all these micro-bubbles? There's 100 times more private equity now than in 2000 and volatility is strangely high even during good times recently. And VC firms and angel investors have there hands all over literally every major fraud and bubble in recent years. Kathy is no exception, as s sizeable portion of her fund's investment are venture capital into "disruptive" firms.
@dhayes907
Жыл бұрын
Over indexing is adding to that problem too.
@samsonsoturian6013
Жыл бұрын
@@dhayes907the big indexes all track big companies and/or track thousands of companies. But yes, big actively managed funds like ARK can easily pump the value of select stocks. They have over 10% stake in many of the companies they own.
@samsonsoturian6013
Жыл бұрын
@@dhayes907also, illiquid private equity funds are a thing. They can get huge.
@dhayes907
Жыл бұрын
@@samsonsoturian6013 I'm very much an armchair economist, but it feels like controlled inflation punishes savers. When savers are pushed to invest without really knowing what they are doing they put it into an index fund that funnel capital to companies just because they are large. Free capital that comes from sources that only want profits and don't participate in voting causes is own brand of stock inflation leading to more and more aggressive investors to look for larger and larger returns followed by unsophisticated investors doing the same thing and shady indexes pop up with unrealistic promises. Pushing unsophisticated investors into the space through controlled inflation seems to lead to a period of reckless growth followed by a quagmire.
@typ3998
Жыл бұрын
It’s easy to look like a great investor when everything is going up.
@gregtomamichel973
Жыл бұрын
And on the flip side, Berkshire Hathaway gained value in 2022 against an overall market loss. It looks like the new Warren Buffett is..... Warren Buffett (credits to Patrick Boyle)
@CHOPSHOPX
Жыл бұрын
I started trading on 3.23.20 and thought I was a genius. Now the more I learn about the market makes me realize how little I do know. So much more to learn but learn I will.
@rightwingsafetysquad9872
Жыл бұрын
Counting deferred revenue immediately for a purely digital company like Roblox doesn't strike me as too bad. What I question is if they're careful to take that revenue off the future statements when the transactions are finalized.
@Nik110512
Жыл бұрын
That's some creative accounting right there.
@Phlegethon
Жыл бұрын
Old school are obsessed with …. account metrics and ….cash flows 😂😂😂😂😂
@federikus2928
Жыл бұрын
Thanks for this great analysis! I’m and MBA grad and it’s refreshing to see liars and frauds being called out on basic principles..it’s astonishing that she’s in that position
@TahaNasser
Жыл бұрын
Isn't recognising deferred revenue as current income exactly what Enron and Worldcom did?
@cmuboy
Жыл бұрын
No. Enron and Worldcom were capitalizing on expenses, treating expenses as assets. That's what Tesla is doing with their warranty repairs, treating them as goodwill.
@jonr6680
10 ай бұрын
Channel is gold, keep it up! Gotta love SCHADENFREUDE!! (Tip for host - pronounced Sharden-froyder)
@nickv4073
Жыл бұрын
Reminds me of Enron's use of "mark to market" accounting.
@hoanghanguyen1410
Жыл бұрын
Great arguments from you guys. Objectively. Respect!
@MiroslawHorbal
Жыл бұрын
Cathie Wood seems like the type of person who would have invested in RIM/BlackBerry back in 2006
@manonamission2000
Жыл бұрын
or FTX
@Chris-oz9qx
Жыл бұрын
She's definitely a "wework is a great idea" type
@WildkatPhoto
Жыл бұрын
Great video. Will be fun watching her investors lose their shirts. Sadly she will be fine and will have no trouble finding new suckers.
@ArtOfLife.
Жыл бұрын
Why not adjust all expenses? Just have one figure for sales and the same figure for net profit. Then every business looks like a great investement!
@grahamjones5400
Жыл бұрын
It'd be smarter to just buy a bunch of lottery tickets than to invest like Cathie Wood.
@thegodofcycle216
Жыл бұрын
Why is there a voice in my head telling me that she will be in jail in a few years for accounting fraud.
@emmanuelgoldstein319
Жыл бұрын
I don't think this counts as fraud, as she has stated openly that her numbers are modified from reality. She is not lying to anyone, just taking the money of people who don't know any better without technically making any promises. And now she is feeding copium to said investors to keep them in longer so she can scrape fees of them. Although this is obviously unethical, just being wrong and a bad investor is not illegal.
@thiagolima4107
Жыл бұрын
Excellent content. Keep it up
@LoudPackProduction
Жыл бұрын
agreed
@PaintballVideosNet
Жыл бұрын
Thanks. Ok
@SlXkxmx
10 ай бұрын
Roblox needs to spend more on advertising than it does in R&D
@dannyshaw4433
Жыл бұрын
She should just capitalize all the expenses and call it an adjusted balance sheet.
@tirthb
Жыл бұрын
Super content. Very well researched. Exposing the fraud/ignorance
@dbaclass4096
Жыл бұрын
Wow the comment on SBC not equivalent to cash is certainly revealing, good catch!
@davec8921
Жыл бұрын
I've always enjoyed adjusting financials, the numbers are the numbers whether you like them or not
@philipclarkson5910
Жыл бұрын
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Ava Rowena focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
@liamjones6540
Жыл бұрын
I'm surprised you know her too, I've been making a lot of profits investing with her for a few months now.
@nicolasvasquez7531
Жыл бұрын
Mrs Ava Rowena changed my life because of her high profits I got from investing with her.
@lucasmckenzie3055
Жыл бұрын
I'm new at this, please how can i reach your broker?
@tessbakker7549
Жыл бұрын
You invest with Mrs Ava Rowena? Wow that woman has been a blessing to me and my family.
@georgeheyden4524
Жыл бұрын
I was skeptical at first until I decided to try. It's huge returns is awesome! I can't say much.
@jordankendall86
8 ай бұрын
Your last point was perfect. Cathy Wood got extremely lucky with Tesla and tried to extrapolate that success to other innovative companies. The problem was that most of her stock picks are not like Tesla and time will tell if Tesla itself will avoid the bankruptcy.
@dosgos
Жыл бұрын
If one wants to impute 2025 projections into 2022, it might be easier to just use sell-side analysts' projections (if they existed). At least the asset manager could say the projections were "independent".
@Visiontech
7 ай бұрын
People have been talking about her for some time but this breakdown is spot on!!!
@jackbuggs9339
Жыл бұрын
Adjusted EBITDA, sounds a lot like Adam Newman 😮
@CadillacSlick
Ай бұрын
Very interesting and informative video on the reason for all the BS surrounding ARK funds!!
@canalwest
Жыл бұрын
She is just a front for something else, in my view. The whole story will unfold someday. It's a lot of smoke and mirrors.
@samsonsoturian6013
Жыл бұрын
Yeah, ARK invest is really a team of amateurs with the old lady just speaking for them. Most of the team were recruited while they were in college, and they are the ones doing the DD.
@rightwingsafetysquad9872
Жыл бұрын
Kinda sounds like no one is doing any DD
@samsonsoturian6013
Жыл бұрын
@@rightwingsafetysquad9872 IIRC thehead of research has had no other full time job but ARK Invest. That's how young they are
@rightwingsafetysquad9872
Жыл бұрын
@@samsonsoturian6013 That’s not necessarily a bad thing. The only other “company” my boss worked for was selling drugs. Now he people could die if he makes bad decisions. He’s very good at what he does, been with the company for 10 years.
@samsonsoturian6013
Жыл бұрын
@@rightwingsafetysquad9872 I'm sure inexperience, infighting, and immaturity were issues, though.
@kenkobylenski7107
9 ай бұрын
got in at 32, it's now 52 and gaining almost every day
@Greeem
Жыл бұрын
She actually went "Yeah, my investments aren't profitable, but if you use *some random version I made up of EBITDA*, they are!" lmfao
@Pezzerd
11 ай бұрын
Woman things
@tomw485
11 ай бұрын
ARKK total returns over the last 5 years is -8.8%. S&P 500 total returns over the last 5 years is 53.9%.
@jeremym4466
Жыл бұрын
It’s a new paradigm….until it’s not.
@mariemeyer
Жыл бұрын
Excellent catch on the double counting!
@OldFArt-gx9fh
2 ай бұрын
Cathy is making the adjustments theoretically, so don’t get too excited.
@chensun6156
Жыл бұрын
She's partly correct on using other metrics, when a company has enormous high potential. The problem is, when the tide is high, who really are high on potential? And when the tide is low, as Buffett says, we find out who is without britches. The way of successful investing is to invest while the bubble is going up, and sell before it falls. She didn't get out before the bubble burst.
@uberboiz
Жыл бұрын
Nah, the way to successful investing is to buy when the price is lower than the intrinsic value. Buying when the 'bubble is going up' and 'selling before it falls' as you suggested is essentially 'timing the market', which virtually no one can do reliably.
@AP-yt4oo
Жыл бұрын
The best thing I’ve done with my investments was to swallow my pride, cut my losses and pull out at ARKK, never looked back since.
@R49_Complete
Жыл бұрын
I've seen this movie before. It ends with her company going down in flames and someway, somehow, she claims it was a man's fault or that a man forced her to make the bad picks.
@mammajamma4397
Жыл бұрын
It doesn't make sense to me that companies are allowed to pull accounting tricks that would put the regular person in prison.
@calmnow9474
Ай бұрын
They are not
@darkgalaxy5548
Жыл бұрын
She'll look absolutely stunning in orange!
@DecemberNames
Жыл бұрын
bro, good one. 'desperate times call for desperate measures' type of situation.
@panic_seller
Жыл бұрын
In a bear market, everything is questionable, in a bull market anything works
@wkrp10splayer19
Жыл бұрын
this Arkk experience floats about as well as the one in Williamstown, KY
@kevin0117rc
Жыл бұрын
I am good at adjusting stuff too, i just multiply a -1 to all my expenses and they all become positive. Now i have good looking green charts.
@vanesslifeygo
Жыл бұрын
There are still plenty of good picks within those ARK ETFs that do not have many of the issues pointed out in this video. However this video would have been most helpful BEFORE the massive loss in market value of those ETF shares. Now that they're at their weakest it's not a bad time to pick them up. Would you rather pick them up at their peak? Hopefully not!
@Anonymous-ik3kc
Жыл бұрын
Well still not there yet, not with the tsla stocks absolutely plummeting
@KimmyTheDarkTrader
Жыл бұрын
As I saw someone comment "Use a chicken to pick my stocks by pooping on a Twister mat" theory. You can use any animal (If you don't like that chicken) to pick stock for you during bull market. Every fund manager are profitable during bull market, but not many can survive during rainy days. That's the difference.
@jeffblackard9753
Жыл бұрын
Shopify logged $2.91 billion in profit in 2021…so how are they losing money constantly?
@doreimiwi3283
Жыл бұрын
she represents the desperate retail housewife style of investing
@alexbright7735
Жыл бұрын
Playing with stats until she gets what she wants. Operating income and profit is fairly important.
@unsaltedskies
9 ай бұрын
Cathie Wood: You know how I calculate revenue? One word: Enron.
@KungPowEnterFist
Жыл бұрын
The problem with the vast majority of ARK holdings in all the ARK variations are that they are companies that can only thrive in hyperinflation, endless money printing, zero interest rate environment. Tesla is the quintessential example of this. Of course her valuation models and projections are total nonsense.
@SPFAlpha
Жыл бұрын
So, if the numbers were completely different she would be doing great?
@gab_borges
Жыл бұрын
Never forget kids. Cash is king, always. Start with gaap cash flow
@nunyabidness117
Жыл бұрын
Apple gets 30% of in-app purchases if you down load it from the apple store?
@stevenmitchell7830
Жыл бұрын
Cathie Would, if she could, But with high interest, She can't, so she won't
@forzared101
Жыл бұрын
Enron was also a huge fan of recognizing deferred revenue.
@mrparkerdan
Жыл бұрын
Innovation success is more exception than rule. This investment strategy is akin to betting AGAINST the house in Las Vegas 🙄
@Charvo75
Жыл бұрын
Stock based compensation is a shadow method of paying employees without accounting for it as an expense for non GAAP press releases. Palantir does this a lot.
@jobhakdi
3 ай бұрын
You don’t need an etf to buy tesla.
@edition-deluxe
Жыл бұрын
Maverickofwallstreet calls her the Tesla Witch, I like that.
@GuansCorner
Жыл бұрын
as this point, I wonder who even wants to work for her firm...imagine having ARK Invest on your resume...
@samsonsoturian6013
Жыл бұрын
Largely the same guys have worked there the whole time. Mostly finance majors she recruited from colleges.
@e.sanoop110
Жыл бұрын
Increasing losses over time should prompt any trader/investor to thoroughly review their trades and investments. Hoping and holding on to any losing positions is definitely unwise, if we are hesitant of booking minimum acceptable losses, it can destroy the entire trading capital.
@globalismoblackman
Жыл бұрын
Wow 😮 WSM I am shocked by this revelation. CW has disappointed me with her creative accounting calculation. The Robolox case study is a major eye opener. Now wonder Teladoc has been an underperforming stock in my portfolio for several months. I am staying away from ARKK etf from now on.
@dansplain2393
Жыл бұрын
Remember WeWork’s Community Adjusted EBITDA? That was laughed right out of Wall Street. This is more of the same.
@EndA88-u8e
Жыл бұрын
You gotta give credit to sales people, that’s what Cathie Wood is. But she’s not a good investor and obviously we can say this now when the fund is down this much, of course nobody was complaining when it was going up every day. Do your own research.
@MrYllipolar
Жыл бұрын
I always like to see where she invests her money so I know where not to invest mine.
@TooLateForIeago
Жыл бұрын
So why has Ark Investment not fired her? Oh. She owns the place.
@SuperSpada
Жыл бұрын
Great vid! It's clear Ms. Wood has no idea how GAAP works and why the rules are written the way they are.
@khold1983
Жыл бұрын
Dont let this crazy women disrupt your portfolio!
@thermitebanana
10 ай бұрын
EBITDA is already an optimistic view of profit
@pazuzuxx
Жыл бұрын
Another interesting fact is that Wood is VERY religious which makes me question her reasoning and critical thinking skills.
@MBarberfan4life
Жыл бұрын
Not an argument.
@ProfAzimov
Жыл бұрын
That is not a good reason to do that
@captainchokdee1039
Жыл бұрын
When I first met Kathy I wasn’t sure about her. Now I am…, No Thanks!
@dhayes907
Жыл бұрын
Did you breath the same air as that woman?
@JordanScottMills
Жыл бұрын
@6:15 that's literally one of the things ENRON did lmfao
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