ARKUSDT
Ark / Tether USD
crypto Composite

I ended up buying more ARK after the dip and ended up making money on a few of the tickers. Lost some on the others. I ended up about even in the end, but the opportunity cost sucks. ARKQ - I put a stop loss on it and it executed recently for a nice gain.

Yep, ARK is where I learned my lesson. Bought into the hype and took a fat L. It’s why I don’t touch thematic or sector ETFs anymore especially ones that kids on reddit think can only go up. I was that kid on Reddit once upon a time.

ARK in 2021. Invested about $150k total. Sold for around $50k. Never listened to friends since that.

I did the same thing last November or so. Then I felt bad and started easing back in. I'm glad I did. There are some things that are not quite panning out yet, like I noticed that Walmart and COSTCO were labeled as a strong buy, and had recent dips. Hoping that they grow before their next earning calls.
Other than that, things like NVDA, MU, TSM just keep growing.
I'm reading some of the other posts here, and its true. You are young. I am close to retiring. Even if you lost a bunch in a crash, it would recover. Just look at the market growth over time.
If you don't want to watch your portfolio everyday, and swing trade a bit, then pick something like BRK-B (Omaha guy here). It will slowly grow. ARK, QQQ, SPY... You can relax a bit and look at it quarterly.
Sometimes we pick losers. I've twice thought CRM could not get any lower, and I took the loss and rolled it into something better. I lost a lot in Crypto because I didn't understand when to get in and out. If I had left it there, I would have it back.
I have made the mistake of panicking too many times. You can not time the markets. You can pick things in hot sectors and hope for the best. I wish I was looking forward like you when I was your age.

moomoo just showed me ARK is dumping SPCX hardPulled up Cathie's ARKQ on the Institutional Holdings tab and she net sold $118.53M of SPCX while only adding $24.14M to AMD.

I hate this fund. It should have went up significantly with the SpaceX IPO, but alas, it barely moved while SpaceX is up 44% from the IPO price. Apparently Ark says that they had already baked in a lot of the valuation for it in the fund. Um- that doesn't hold water. I invested in January and it has really underperformed. And how did Musk just become a trillionaire and employees become millionaires? That didn't happen back before January...that happened with the IPO and the increased current valuation in June of 2026 of SpaceX. I feel like the way they are calculating the NAV doesn't make sense and their excuse doesn't hold water. I'm getting out as soon as I can and will buy companies through an IPO instead. This has soured me on any ARK funds....I now don't have trust in their brand. I highly advise against this fund. Thankfully I was allocated direct shares through the IPO and that is doing well....now if I can just sell all my dang shares of this fund. They only let you out once per quarter and they limit how many shares they'll buy back. I put in an order on 6/16 to sell all my shares and it looks like maybe i'll know 6/29 how many shares I can sell. Meanwhile, you can buy on any trading day. How does that make sense? NEVER AGAIN will I buy anything with ARK in the name!

The issue isn't with modeling the numbers Tesla throws out there, it's the credibility of them achieving those metrics to begin with. Literally go back and look at any promise or pitch Musk has ever made. Everything is always going to cost nothing, be bought by everyone and be impossible to duplicate because
Tesla or whatever other company he has is somehow better at it than everyone else in the world. FSD and Robotax in particular have been fraught with such promises for a decade now. It was supposed to be done 10 years ago because Tesla had it 'solved' then in 2019 everyone was a year out from having their Model 3 make them $30k/yr. The Solar Roof was going to cost less than solar panels + a traditional roof and be on millions of homes in the US. Tesla's Cybertruck was going to have its body folded out of a big stainless steel panel ike origami and cost only $45k and outsell the F150, look at the preorders! Hell every automaker on the planet was supposed to be out of business years ago because Tesla's 'Alien Dreadnought' factory was going to be so automated traditional factory designs wouldn't be compete. Hell their existing vehicles were supposed to be produced at 30%+ operating margins as of a few years ago due to their massive innovations in battery technology.
Just with FSD's development initially people were promised there would never be any beta test period. Everything would happen silently in the background via redundant processors, reinforcement learning and 'Shadow Mode'. Then simulation wasn't going to be needed and Google were fools for investing in it. Then Dojo was going to put NVIDIA to shame and let them out train everyone else despite the massive amount of R&D NVIDIA does. Hell in 2019 you had better buy your Tesla that year because Elon Musk said they almost had FSD cracked and as soon as they did they wouldn't even sell you a car because they would be an 'appreciating asset' and Tesla would be devoting 100% of its production to building out its own fleet for years to come. Hell this whole local roll out thing wasn't supposed to be necessary either because FSD was just supposed to work everywhere all at once and one day Musk would flip a switch and just start making $50B more in profit a year.
This goes for every ARK Invest model ever too, it's always some complex Monte Carlo sampled model that sounds great until you realize that their underlying assumptions and distribution boil down to Tesla either being extremely successful or unfathomably successful.
Numbers matter when they're credible to begin with not 'aspirational' projections and scenarios that rely on everyone else sitting still and doing nothing while Tesla is allowed to corner a market. Waymo already exists and is more widely deployed as is. Yeah Tesla is claiming amazing cost metrics that will put the competition to be permanently, but they literally always do that. At this point it boils down to a credibility and achievability problem with FSD lagging the actual robotaxi providers in terms of deployment and actual ride miles delivered. There's a core question of whether Tesla ever achieves anywhere near the the kind of metrics they're promising and whether or not to believe the story given the unreliability of the person narrating it.

I think if you got it at IPO price, it actually wasn't a bad buy. Some of the the big FIs (Morgan, GS, Everscore) think it is going to be 330-480B in revenue by 2030. At 10-15x earnings that is 3.3T to 7.2T market cap. Ironically ARK is lower on it with only 200B projected.