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Cathie Wood, An Investment Genius Or Con Artist?
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Mar 06
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To trust or not to trust? One financial analyst labeled Cathie Wood as "The world's best con artist" when her ARK investment fund plummeted by 70%, erasing $60 billion in value for ordinary American investors. Despite this loss, she continued to profit from her 0.75% fee arrangement, earning around $450 million. How did she do it?
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