Star stock picker Cathie Wood defended her investment thesis in a series of tweets this week, calling out “Big Short” hedge-fund manager Michael Burry for betting against her flagship ARK Innovation exchange-traded fund.
| less than a minute read
Cathie Wood says Michael Burry doesn’t understand the innovation space
“To his credit, Michael Burry made a great call based on fundamentals and recognized the calamity brewing in the housing/mortgage market,” Wood tweeted, referring to Burry’s prediction of the subprime mortgage crisis, which made him and his investors hundreds of millions of dollars.
