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.
“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.
https://www.barrons.com/articles/michael-burry-big-short-ark-cathie-wood-51629147322