ChampagneWastedPanda t1_jdl0ewa wrote on March 25, 2023 at 4:00 AM

She is extremely religious and prays for stock advice. It’s why the funds are called Ark. Ark of the Covenant

CaughtTheCarWhatNow t1_jdlo1hw wrote on March 25, 2023 at 9:06 AM

She might want to consider another god. This one is obviously broken.

OmNamahShivaya t1_jdlz4m2 wrote on March 25, 2023 at 11:38 AM

I thought you were joking for a second, so I looked it up. Holy shit....

https://www.google.com/search?q=why+is+cathie+woods+named+her+etf+ARK&oq=why+is+cathie+woods+named+her+etf+ARK&aqs=chrome..69i57j33i160l3.6305j0j15&sourceid=chrome&ie=UTF-8

" The company is named after the Ark of the Covenant; Wood was reading the One-Year Bible at the time. ARK's first four ETFs were seeded with capital from Bill Hwang of Archegos Capital. Wood was named the best stock picker of 2020 by Bloomberg News editor-in-chief emeritus Matthew A. Winkler. "

Bill fucking Hwang LOL

imunfair t1_jdm6qy7 wrote on March 25, 2023 at 12:57 PM

> Bill fucking Hwang LOL

Yep, it's interesting that her ARK funds started doing poorly right after his artificial stock squeeze strategy imploded his hedge fund. Makes you wonder.

megalon43 t1_jdtza9c wrote on March 27, 2023 at 4:21 AM

I like that Bill Hwang massively imploded in the midst of a bull market though.

Other-Bumblebee2769 t1_jdrkcy8 wrote on March 26, 2023 at 5:09 PM

I love Jesus... but even I know the big man doesn't help you pick stocks.

yldf t1_jdlll8p wrote on March 25, 2023 at 8:28 AM

Well, Jesus rose from the dead once for a very brief period of time, then people are still waiting for his return for over 2000 years.

OmNamahShivaya t1_jdlz735 wrote on March 25, 2023 at 11:38 AM

Did he though?

Puzzleheaded-Donut37 t1_jdm4t7u wrote on March 25, 2023 at 12:38 PM

Cathy Woods Jesus Fund counts on it

Still waiting Cathie

TakeDownBanks t1_jdks7ey wrote on March 25, 2023 at 2:47 AM