At this year’s SALT New York conference, Cathie Wood, founder, and CEO of ARK Investment Management LLC, spoke about her view on Bitcoin, the outlook for Tesla and Ark’s investment process.
Q2 2021 hedge fund letters, conferences and more
The investment manager explained that the team at ARK has a five-year investment horizon, with a minimum hurdle rate of 15% per annum.
Cathie Wood On Deflation
After returning 160% over the past two years, the firm’s flagship ETF, the ARK Innovation ETF, is down around 3% in 2021, compared to a return of +18% for the S&P 500.
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