Regarding the famous growth investor Cathie Wood – some people admire her, some think she was just lucky in 2020.
Who knows, but one thing Cathie clearly displays is a remarkable persistence and faith in her views.
Here is her short story of multiple tries and fails (forgive my loose interpretation of her bio from Wikipedia):
– 1977 worked without much glory at Capital Group
– 1980 tried her luck with Jennison Associates
– 1998 she launched a hedge fund Tupelo Capital and failed…
– 2001 she was a CIO at Alliance Bernstein on their Global Thematic strategies and failed to outperform…
– 2014 started the Ark Invest and now at the age of 65 the world knows her name…
What a remarkable story of relentless perseverance in pursuing her dreams and great lesson to us all from Cathie!
