Contributed by: The Big Fat Whale
Sick of Innovation Stocks that are just hyped up based on concepts with no sight of profits?
There is now an ETF to short against the stocks in ARK Innovation Fund helmed by Cathie Woods.
As Buffet famously quoted:
“Only when the tide goes out do you discover who’s been swimming naked.”
With the easing of monetary policy and access to liquidity drying up, most of the innovation and concept stocks with no cash flow to speak of to sustain their business would be facing a liquidity crunch.
Here is the link for the full article:
https://thebigfatwhale.com/etf-to-bet-against-cathie-woods-arkk-sark/
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