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Interesting to see some of their work here.

The strongest suit of ARK Invest in my opinion is their marketing, which is clearly demonstrated by the high inflows into their ETF.

Curious to see how they will perform on the long term, given that their portfolio is pretty heavily weighted into medium and small caps stocks.

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I wonder if their profits are basically the result of a momentum strategy? Since their investment thesis is based on investing in future technology and after a few years those ideas become mainstream which will lead to an increased investor apetite for that particular technology which will lead to a price appreciation.

Could very well be. My guess is that the inflows generated by their clever marketing is enough to move the market in their favor, and thus, creating a positive feedback loop.

See the inelastic market hypothesis (https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3686935).

Yup! By listing their trades, they encourage others to follow suit, giving them a buying a selling edge

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