Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The ARK Innovation ETF (ticker: ARKK) has been the public equity poster child for disruptive innovation. The fund’s investment strategy of disruptive innovation has focused on companies providing technology products and services that “change the way the world works”. Despite a lengthy period of market adulation, over the last five years it has disrupted investors’ net worths, acting like a dead spot within portfolios.
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