Cathie Wood's ARKK and That Je ne Sais Quoi

Well, I I don't even know what you'd call the the category I'm talking about, but it's you kind of alluded to it earlier.

Kathy Wood is pretty much a polarizing figure in the industry.

Either you love her or hate her.

And I I kind of want to just explain why I why I like ARK and I like what she does.

And I think it's really the fact that she has a very unique strategy with these funds and the other ARC funds as well.

But I I have to respect the fact that throughout this entire cycle, she has stuck with the strategy on the fund, focusing on high growth, high innovation, you know, high volatility, home run swings, and especially during the last few years when, you know, the Magnificent 7 has dominated the market.

She she resisted the urge to go into those stocks to chase performance.

She really stuck with uh w with what she's known for and what this fund is is targeting.

So, I I think you kind of have to respect that.

I think you have to appreciate the fund for what it's meant to be.

And it's not meant to be a core holding.

It's meant to be a satellite holding to build around core positions like QQQ or SPY.

And I think it really does a good job of that.

It's got uh a 90 90% plus active share, which means you have almost no overlap with uh the other big indexes.

It's got relatively low turnover.

So, she's kind of waiting for uh the the stories of these stocks to play out.

But I I think even when you when you look within the fund itself, some of the top holdings in there, I mean, it's got a lot of the popular stocks, it's got, you know, Palunteer and Robin Hood and Coinbase and Circle was in there.

That's been a real hot stock lately.

So, if you look at some of the positions, you know, they're they're just the really popular stocks that are out there, the ones that are, you know, loved by the traders, they're used all the time, but when you, you know, when you you put them in the ETF rapper and you throw Kathy Wood's names on it, then all of a sudden people hate it.

And I I I just don't really understand it.

It's I I think she's she's doing a good job.

I like how this fund works.

I like that she stick with the strategy.

I like the objective of it.

So, for that reason, I'm going to I'm going to give her the category win in in whatever this category is just just because I I like the fund and I like what it's about.

Very good.

And that that category I figured it out what that is.

It's called the Januz Qua, right?

Perfect.

Perfect, which for our French folks that uh I took French in school for eight years.

Uh don't speak very much anymore, but I know that one.

And that's used to capture an indescribable special distinguishing feature or to name some unnameable quality which I think very well describes the category that you're trying to hit.

Perfect.

We'll go with it.