Secret Sauce Behind Ark’s Success Is Cathie Wood’s Diverse Team
- Firm runs three of the top 10 performing ETFs this year
- Future-focused ideas come from a not-the-usual-suspects staff
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Cathie Wood’s Ark Investment Management is well known for its wildly optimistic price target for Tesla Inc., its money-spinning bet on Bitcoin and the 81% return of its main fund this year. It’s less well known that almost none of its analysts has a finance background.
Instead, their previous careers include cancer researcher, artificial intelligence expert, gaming engineer -- even sailboat captain.