https://en.wikipedia.org/wiki/Ark_Invest https://en.wikipedia.org/wiki/Ark_Invest A layperson's summary: ARK funds are actively managed funds that invest in s

https://en.wikipedia.org/wiki/Ark_Invest https://en.wikipedia.org/wiki/Ark_Invest A layperson's summary: ARK funds are actively managed funds that invest in sector-specific "innovative" companies. For example, ARKQ is their autonomous + robotics ETF. ARK funds have been doing extraordinarily well in the past few years, despite the fact that highly targeted sector-specific funds tend to underperform because of the difficulty of evaluating early stage companies launching risky technology products. Cathie Wood, the founder, has been heralded as something of an investment genius for her ability to grow her funds so rapidly. Personal opinion: I'm scared of investing in the ARK funds because there appears to be a cult of personality around Cathie. She hit it big with Tesla, but most of her popularity seems to be built around her youtube channel fandom. There's an entire ecosystem of youtubers pumping ARK funds the same way there's an entire ecosystem of internet users pumping dogecoin. If her first four funds were heavily bankrolled by Bill Hwang, it would make me even more hesitant to ever invest in an ARK fund.