Tag Archives: marketbeating

(Bloomberg) — The outsized gain that turned Cathie Wood into one of the world’s most famous proponents of active fund management is quickly evaporating as some of her favorite stock picks tumble. Most Read from Bloomberg After years of trouncing the market and just days after Wood issued a broadside against passive investing, her flagship ARK Innovation ETF now looks set to give up all the outperformance it once enjoyed against the S&P 500 Index. Wood’s strategy of picking stocks involved… Source link

A version of this post was originally published on TKer.co. Picking stocks in an attempt to beat market averages is an incredibly challenging and sometimes money-losing effort. In fact, most professional stock pickers aren’t able to do this on a consistent basis.¹ One of the reasons for this is that most stocks don’t deliver above-average returns. According to S&P Dow Jones Indices, only 22% of the stocks in the S&P 500 outperformed the index itself from 2000 to 2020. “When a randomly… Source link