Cathie Wood: Things Are Looking Up After 2022 Slump

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The Street

By Dan Weil The chief executive of Ark Investment Management is enthusiastic about investing in young technology companies. After money manager Cathie Wood’s exchange-traded funds plunged 60% to 80% last year from their peaks of 2021, investors are focused on the outlook for 2023. Ark Investment Management’s chief executive is positively buoyant about her strategy of investing in young technology companies. These companies are involved in fields including gene sequencing, robotics, energy storage, blockchain technology and, especially, artificial intelligence. As for the market environment, “w…

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