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Cathie Wood Responds To Michael Burry: You Just Don't Get Space & Innovation
After it was revealed that Michael 'the big short' Burry was betting against ARKK and added to his TSLA puts, Cathie 'long to the moon Alice' Wood clapped back at the hedge fund manager with the classic 'you just don't understand' argument: In a tweet, Wood remarked that she doesn’t think Burry understands the fundamentals that are creating “explosive growth and investment opportunities” in the innovation space. In our view, the seeds for the innovation explosion that @ARKInvest is dedicated to researching were planted during the 20 years ending with the tech and telecom bust. Having gestated for more than 20 ... (full story)
