On Thursday, I posted this, which shows that ARKK sold all their NVDA at the lows. That’s not a very nice thing to post and generally, I very, very rarely go negative on Twitter. I sell at the lows too sometimes! That’s part of trading and not a big deal. I don’t dunk on anyone for being wrong, ever, with this singular exception. In this case, I believe ARKK is fair game because of its role in fueling the 2021 bubble with intentionally ludicrous price targets, FOMO-stoking narratives, and other silly pom-pom waving that directly cost a lot of people a disastrous amount of money. The lead ARKK managers were around in 1999/2000 and should have known better. Their biggest call was TSLA, which is up 10X since 2018. The NASDAQ is up more than 2X since 2018. ARKK is flat since 2018. But they get to keep the fees.