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

Reply to comment by ChampagneWastedPanda in Still waiting Cathie by CalyShadezz

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.