Cathie Wood Rebuts Michael Burry, Saying He Misses Innovation Fundamentals
- Burry’s Scion bought put contracts against flagship ARKK ETF
- Ark founder responds to bearish bets in Twitter thread
This article is for subscribers only.
Cathie Wood has responded to Monday’s news that famed investor Michael Burry has placed bets against her firm’s flagship fund.
In a Twitter thread on Tuesday, Wood laid out the thinking behind Ark Investment Management’s approach and called out Burry directly.