CR Trades

The game is rigged. The red line is you. You walk in with everything. 40 years later you walk out with less than your manager does. The green line is your manager. He walks in with nothing. Never invests a dollar of his own money. And ends up with more wealth than the client he was supposed to be working for. That’s what compound fees do across a working lifetime. It sounds theoretical until you put REAL numbers on a REAL fund. Cathie Wood's ARK Innovation ETF has returned -13.83% annualized over the past 5 years. The S&P 500 has returned +13.92% annualized over the same period. In 2022 the fund collapsed over 60%. Morningstar calculated that ARK funds destroyed $7 billion of investor wealth between 2014 and 2024. The third biggest wealth destroyer of any mutual fund or ETF in the entire decade. And yet ARK Invest has been one of the most profitable asset managers in the world during that exact same stretch. – The expense ratio is 0.75% on every dollar in the fund. – AUM peaked at $60 billion in 2021. – It still sits around $30 billion today. That works out to over $1 billion in fees collected during the same five years investors have lost more than half their money. The manager's downside is bounded at zero, but yours is not. Pick carefully, or do not pick one at all. Want to know which stocks WE are buying next? Follow us with notifications this is VERY important. A lot of people will look back at this post and wish they had done it.

Mandalorian movie was Glup Shittos all the way down (in the best possible way)