Parsad Posted September 4, 2021 Share Posted September 4, 2021 Cathy Woods has Tesla pegged at $3000 a share. May happen, but for some reason I have Woods pegged as this era's Abby Joseph Cohen...perennial bull of the 90's, who essentially disappeared for a decade when the tech wreck happened. Reminded also of CIBC analyst Jeff Rubin's call of $200 a barrel oil back in 2007 too! Cheers! https://finance.yahoo.com/news/tesla-stock-is-worth-3000-ark-invests-cathie-wood-201139618.html Link to comment Share on other sites More sharing options...
FairFacts Posted September 4, 2021 Share Posted September 4, 2021 A big difference in Woods favor is that she has publicly laid out her analysis in some detail. The ArkInvest price target detailed analysis is available on the www.ark-invest.com web site free ( I can’t insert the URL for some reason). I you go to their website search on Tesla. in general Wood’s strategy of investing in disruptive innovation has merit (think Digit). She sees a convergence of technologies that will catapult industries into a new era of advancement over the coming 10 years. Link to comment Share on other sites More sharing options...
DooDiligence Posted September 4, 2021 Share Posted September 4, 2021 57 minutes ago, FairFacts said: A big difference in Woods favor is that she has publicly laid out her analysis in some detail. The ArkInvest price target detailed analysis is available on the www.ark-invest.com web site free ( I can’t insert the URL for some reason). I you go to their website search on Tesla. in general Wood’s strategy of investing in disruptive innovation has merit (think Digit). She sees a convergence of technologies that will catapult industries into a new era of advancement over the coming 10 years. Masa in drag, with a shorter singularity horizon? Link to comment Share on other sites More sharing options...
Gregmal Posted September 4, 2021 Share Posted September 4, 2021 I dont really have an opinion on Cathy other than kudos to her for making a name and so far a killing doing something different. Otherwise, I'd point out that she had a $4,000 price target, pre-split, when Tesla was trading at $200 and all the TeslaQ geniuses said fraud and had 0 targets...So she has already been right as split adjusted TSLA remarkably touched her targets...and she certainly has more credibility than the ones who were bearish because of their Excel sheets. Maybe they can show us where they called 5-10 baggers but most cant. And otherwise what good is all their "research" if it just results in massive losses? Disclosure, I am currently short Tesla and a few ARK funds. Link to comment Share on other sites More sharing options...
Spekulatius Posted September 4, 2021 Share Posted September 4, 2021 Cathie‘s research seems to lead to massive losses too, now that the AUM is large. This year, her funds are underperforming. For awhile, it seems that she was able to create her own tailwind due to rising AUM and probably other following her, but that seems to be over know and now she seems to daytrade positions and buy the dip on has been stocks like ZM, likes boomer. Well, technically speaking, she is a boomer. Link to comment Share on other sites More sharing options...
scorpioncapital Posted September 5, 2021 Share Posted September 5, 2021 it's possible she goes out with a whimper (flat tech market going nowhere for a generation) as opposed to a bang (dot com sudden drop) the end result is the same: wasting time and underperforming. let's see ..maybe I'm wrong Link to comment Share on other sites More sharing options...
Gregmal Posted September 5, 2021 Share Posted September 5, 2021 I think theres a lot working against her and those funds right now. But I also get a kick out of the stupidity out there. Value investor (insert name) returns -20 or -30% for a year and everyones like "oh but he's bound to turn it around"...Cathy does -20% after crushing it for half a decade and "thats the end of her" and "she's finished".....quite amusing. Link to comment Share on other sites More sharing options...
wabuffo Posted September 5, 2021 Share Posted September 5, 2021 (edited) As far as I know AJC never ran any fund. I think the better comparison is Gerry Tsai and his Manhattan Fund of the go-go 60s. https://en.wikipedia.org/wiki/Gerald_Tsai Quote he later founded the Manhattan Fund, an aggressive growth fund, in 1965. Tsai sold his interest in the fund complex in 1968 but continued to manage the funds. By 1969 the funds collapsed, losing 90% of their value. An early proponent of momentum investing, Tsai's specialty was concentrating his portfolios on narrow batches of glamour stocks, including Xerox and Polaroid Corporation, at a time when broad diversification was the prevailing wisdom. wabuffo Edited September 5, 2021 by wabuffo Link to comment Share on other sites More sharing options...
maxthetrade Posted September 5, 2021 Share Posted September 5, 2021 4 hours ago, wabuffo said: I think the better comparison is Gerry Tsai and his Manhattan Fund of the go-go 60s. My vote goes to Ryan Jacob. Does anyone remember the Jacob Internet Fund? After stellar performance in 98 and 99 he launched is own fund which lost ~95% from 2000 to 2002. Link to comment Share on other sites More sharing options...
JRM Posted September 5, 2021 Share Posted September 5, 2021 I used to work with a guy who was trapped long (as of a few years ago) in some Janus funds from the late 90's. He asked what he should do (down 80% or something), and I said sell. He couldn't bring himself to take the loss and move on. Link to comment Share on other sites More sharing options...
dealraker Posted September 5, 2021 Share Posted September 5, 2021 (Previous board member who took a long break here.) You guys shouldn't forget Michael Murphy, the high tech newsletter guy who had a fabulous run in the late 1990's and early 2000's. This gives his exciting history but is written before his real demise: https://money.cnn.com/magazines/moneymag/moneymag_archive/2000/10/15/289518/index.htm Link to comment Share on other sites More sharing options...
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