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경제기사 영어요약

53. 테슬라와 함께 성장한 Ark 인베스트먼트/ How Cathie Wood Beat Wall Street By Betting Tesla Is

by Just J.S. 2020. 10. 20.

https://www.forbes.com/sites/antoinegara/2020/10/05/how-cathie-wood-beat-wall-street-by-betting-tesla-is-worth-more-than-1-trillion/?ss=investing#1371835b3d45 

 

Julie 요약

Cathie Wood and her Ark Investment made huge success investing in innovation stocks and achieved a $29 billion-in-assets firm and a $250 million net worth.

Among her innovation portfolio, Tesla made jackpot. Its flagship $8.6 billion Ark Innovation Fund is up a staggering 75% in 2020 and has returned an annual average of 36% over the past five years, nearly triple that of the S&P 500.

Wood manages seven portfolios designed to capitalize on breakthroughs in robotics, energy storage, DNA sequencing and financial and blockchain technology, and makes them available to investors, particularly Millennials trading on Robinhood, as tax-efficient exchange-traded funds. 

Its Tesla position and a pandemic has accelerated profit in tech stocks and her prediction based on her professional career path in investment firm and economist more than 40years.

 

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