ARKK, buying opp or a “growth trap”?

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I think their treatment of Zillow was telling. Per ARK, Zillow was going to disrupt real estate with AI, and they loaded up shares. Until Zillow fell on its face in public. No recognition from ARK, no forewarning from their team of “experts.” Just dumped their shares and piled into Teladoc, which is supposedly going to disrupt healthcare with AI.

If they can’t tell true disruption from hype, they’re just shooting in the dark. That’ll work with 0% interest rates and the Fed pumping money in the market, but not in a normal market.

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I wouldn't touch it. Cathie Wood is crazy...

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Not a growth trap, just a poor investment

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I’m not touching it. Maybe that means it will take off. It would be better to buy it today than yesterday if that helps

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Don’t trust fund managers. They don’t beat the market on average and it’s hard to tell the good ones from the bad ones.

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You can’t analyze an ETF like a stock. There’s no such thing as a “buying opp” for a manager. And, it doesn’t matter if you think it’s a good buying opp for the underlying stocks bc you don’t make the trade decision.

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EY1 and/or KPMG1, why?

Because I can’t think of any reason I would want to own it

clarification, if you already have ARKK since mid-2020? Sell or Hold it?

If would not want to buy it now, that tells me I would sell if I held it

All- thank you for advice/your perspective. I sold my arrk portfolio last Thursday. Cheezs, just saw today below $82. I heard, this is the begining, it could go as los as 50s when Fed start tightening (they just communicated)

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