How Cathie Wood Gained Enormous Success
Whitney Tilson’s email to investors discussing God, money, YOLO: how Cathie Wood found her flock; the perils of investor overconfidence. Q2 2021 hedge fund letters, conferences and more How Cathie Wood Found Her Flock1) I read this recent New York Times article with great interest: God, Money, YOLO: How Cathie Wood Found Her Flock. Excerpt: As Tesla (TSLA) struggled with production problems, dwindling cash, and an erratic Mr. [Elon] Musk in 2018, Ms. Wood gave a full-throated defense of the company, her largest single holding. That began an unlikely mind meld between Ms. Wood and the new gener...