ARK Innovation ETFShort
Nothing left to brag about..!
In an interview with Bloomberg, the ARK Invest founder and CEO predicted that her flagship fund would generate 40% annual returns over the next five years, a big jump over her previous target of 15% to 20%.(Fortune)
Here I compare her 40% prediction with her previous prediction of 15% compound annual rate of return.
In the 40% scenario it will take 3 years to get back on the previous all time high, assuminng it start climbing up right now..!
In the 15% scenario it will take 7 years to get back on the previous all time high, assuminng it start climbing up right now..!
But we all know it is not finished yet..!
But
How long ARK investors will stay calm???
I do not think ARK invest could survive 2022..!
This is not the prediction of a random guy, this is the prediction of a man who see it is coming at least a year ago:
April 29th, 2021:
Title: Apocalypse of ARK invest
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
Here I compare her 40% prediction with her previous prediction of 15% compound annual rate of return.
In the 40% scenario it will take 3 years to get back on the previous all time high, assuminng it start climbing up right now..!
In the 15% scenario it will take 7 years to get back on the previous all time high, assuminng it start climbing up right now..!
But we all know it is not finished yet..!
But
How long ARK investors will stay calm???
I do not think ARK invest could survive 2022..!
This is not the prediction of a random guy, this is the prediction of a man who see it is coming at least a year ago:
April 29th, 2021:
Title: Apocalypse of ARK invest
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
All the information you need to make an informed decision for free in the next 3 weeks: docs.google.com/spreadsheets/d/11cFXkX6bPFslJzkQxtLJKDNWZQhpaBvuoZvDiFonZuc/edit?usp=sharing
Disclaimer
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