Ark Invest’s Cathie Wood Just Sold AMD Stock and Bought SpaceX. Why I’d Be Doing the Opposite.
Key Points Ark Invest’s Cathie Wood has made a name for herself with her aggressive style of investing. She likes innovative companies that have the potential to disrupt industries. Perhaps not surprisingly then, her flagship Ark Innovation ETF (NYSEMKT: ARKK) has a history of wild swings. For example, the fund produced a 67.6% gain in…