This post was originally shared in my DT Email Newsletter here. You’ll remember Cathie Wood. It’s not too long ago she was everywhere. I first wrote about her in my email newsletter back in March 2021. Back then, readers and members were asking me about ARK Innovation ETF (ARKK), the flagship ETF managed by Cathie Wood. My answer is the same as it is now. Over the years, ARK Innovation ETF has shed ~US$21 billion in AUM since its peak, dropping to a low of ~US$8 billion. According to Morningstar, ARKK has lost over US$13 billion of investors’ capital. I’m not here to make fun of anyone. That’s not me. But I do want to say this: sometimes the “sexiest stuff” in the room at that moment is also the most expensive stock market lesson that will ever humble you and me. What didn’t sit right with me back in 2021 Even at ARKK’s peak, something felt off....