I need you to help me settle an argument. I recently got into it with an older family member... She boasted that her personal investment portfolio is modeled off Warren Buffett's. But I was less than impressed. Buffett just doesn't do it for me... The value investing approach is dated, I argued. It's great if you can find a company trading at a discount to its monetary value. You'll enjoy a nice little run when that stock reaches its full potential. But then what? Where's the potential? Why take a step when you can climb the staircase? That's why I'm a proponent of growth investing. I want a business that is going to disrupt life as we know it. I want to own a stock whose potential is off the charts. And that's why I'm a big fan of Cathie Wood. The Times They Are A-Changin'Ark Invest, Wood's investment management firm, is the leader in the growth investing space. The idea behind Ark Invest is to focus on disruptions and their addressable markets. Wood pinpoints a range of innovations - any of which could be the next big thing - and bets on them. This is forward-looking investing. |
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