Blog Posts

If they're right, they'll be right huge. If they're wrong, it's going to be ugly.

Infrastructure Bill, Inflation, Bitcoin, and iBuying

This is not to cheerlead or say we couldn't see a correction but virtually every piece of data worth considering points to a slow but steady march higher.

The following has been transcribed from the June 4, 2021 In The Know with Cathie Wood. Edits and comments are my own and were done in a way to best preserve the voice of Cathie.

Coinbase is 100% beholden to transaction revenue right now.

ARK Trades, 141 total on the week. Grab some coffee. We have Coinbase, Nvdia, and TuSimple featuring today.

We talked about potential downside last week at length and that showed up in force today.

Skip below for the ‘Solutions’ sections if you want to skip some of the inner workings of the story. Every member has their own specific situation, but we’ll try to cover this as comprehensive as possible for most people.

While this will not absolve some people of their fears of a liquidity problem, it should at least cut them in half.

The following has been transcribed from the February 9, 2021 Ark Webinar. Edits and comments are my own and were done in a way to best preserve the voice of Cathie Wood.

The following has been transcribed from the February 9, 2021 Ark Webinar. Edits and comments are my own and were done in a way to best preserve the voice of Cathie Wood and Yassine Elmandjra

It seems that Ark has an ownership cap that sits between 13-20% of a company. The scope of which likely depends on how much money the company has already raised, it’s market cap, etc.

With just $9 billion of assets under management her philosophy is still a tiny minority on Wall Street.

The 5 main Ark funds are only lightly sprinkled with companies that only trade abroad (not ADRs or native listings). But there are plenty of non-US companies represented that trade shares on either Nasdaq or NYSE.

Looking back at the post on the national makeup of Ark funds we found that ARKF had the largest percent of holdings that were non-US companies. And of those foreign holdings, 7 were headquartered in China. Asia has iterated on financial services quickly and the result has been a glut of novel and widely-used products. The largest of those is WeChat (developed by Tencent) which has a dedicated in-app payment system that is responsible for over 1 billion monthly users. Alipay (owned by Alibaba),

Non-transparent ETFs (ANT’s) were launched earlier this year. They make room for a new breed of active ETF that does not have to disclose it's positions daily. Instead, they're allowed to divulge their holdings quarterly and with a lag.

If the market price of ARKK shares goes above (or below) the actual value of the underlying basket of shares it represents, new shares of ARKK are created (or destroyed) and sold to (bought from) the public

"Autonomous trucks seem to be trailing other autonomous solutions... Dominated by small truckers today, the freight market is fragmented putting a brake on adoption cycles." - ARK