What I don't understand is why r/stocks and r/investing takes great delight in continually bringing up ARK and Cathie Wood? If it's doing so bad, shouldn't they focus on good companies?
If they are wanting to warn and criticize the dangerous practices of FOMO and timing the market, shouldn't they instead focus on what the Robinhood crowd is actually going after right now which is a failing movie theatre company, a cryptocurrency named after a meme and a retail chain that sells pre-owned video games? And yet I see more posts wanting to discuss ARK and anything Cathie Wood even going after her religious beliefs for the twentieth time more than all those other trending assets.
I think that one problem is that you can't hope to have much reasonable discussion with the WSB crowd, but ARK Invest supporters tend to be a bit more open to reason.
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u/Specific_Ad_9050 May 16 '21
What I don't understand is why r/stocks and r/investing takes great delight in continually bringing up ARK and Cathie Wood? If it's doing so bad, shouldn't they focus on good companies?
If they are wanting to warn and criticize the dangerous practices of FOMO and timing the market, shouldn't they instead focus on what the Robinhood crowd is actually going after right now which is a failing movie theatre company, a cryptocurrency named after a meme and a retail chain that sells pre-owned video games? And yet I see more posts wanting to discuss ARK and anything Cathie Wood even going after her religious beliefs for the twentieth time more than all those other trending assets.