BREA
Brera Holdings PLC Class B
stock NASDAQ

The only reason to hold ARKK is if you would otherwise hold TSLA (ttm PE 264), ROKU (no profit), COIN (PE 31), RBLX (no profit), TEM (no profit), CRSP (no profit), SHOP (PE 83), HOOD (PE 64), PLTR (PE 595), AMD (PE 95), BMNR (no profit), CRCL (no profit), BEAM (no profit), ACHR (no profit), TER (PE 46), BREA (no profit), NTLA (no profit)
It's the antithesis of value investing. The whole portfolio could be slashed 2/3rds and it would still be richly valued.
But the big reason to redeem now is to *avoid the rush*. The immense problem Wood's ARK funds have is that they hold such large positions in stocks with relatively small floats that her funds have become the major holders and buying support. When her funds get redemptions, they're forced to sell, which alone is enough to drive portfolio share prices lower, and bring more redemptions.
It's happened before. ARKK performed so poorly March 2021-April 2022 because redemptions caused this malignant cycle of forced sales, lower NAV, more redemptions.

The only reason to hold ARKK is if you would otherwise hold TSLA (ttm PE 264), ROKU (no profit), COIN (PE 31), RBLX (no profit), TEM (no profit), CRSP (no profit), SHOP (PE 83), HOOD (PE 64), PLTR (PE 595), AMD (PE 95), BMNR (no profit), CRCL (no profit), BEAM (no profit), ACHR (no profit), TER (PE 46), BREA (no profit), NTLA (no profit)
It's the antithesis of value investing. The whole portfolio could be slashed 2/3rds and it would still be richly valued.
But the big reason to redeem now is to *avoid the rush*. The immense problem Wood's ARK funds have is that they hold such large positions in stocks with relatively small floats that her funds have become the major holders and buying support. When her funds get redemptions, they're forced to sell, which alone is enough to drive portfolio share prices lower, and bring more redemptions.
It's happened before. ARKK performed so poorly March 2021-April 2022 because redemptions caused this malignant cycle of forced sales, lower NAV, more redemptions.