Cathie Wood, founder of ARK Investment Management, is under scrutiny for her investment strategies and the performance of her funds. A recent enforcement of a long-standing law called attention to the Tesla Board of Directors, of which Wood is a member, for allegedly pushing through an 'astronomically excessive pay package' for CEO Elon Musk, described as an 'out-of-control greedy egomaniac autocrat'. Furthermore, Morningstar has labeled Wood as the 'worst Wealth Destroyer', and ARK Investment Management has topped their list of 'wealth-destroying ETF issuers'.
Ark Investments tops Morningstar list of 'wealth-destroying ETF issuers -report https://t.co/LaK7BLVRA0 https://t.co/ofuHNBwFg7
⚠️ ARK INVESTMENTS TOPS MORNINGSTAR LIST OF 'WEALTH-DESTROYING ETF ISSUERS -REPORT Full Story → https://t.co/WJVXp6NDq1
$ARKK $TSLA OMFG @CathieDWood #Clown https://t.co/0UpFSR243s
S&P 500: Morningstar Calls Cathie Wood The Worst 'Wealth Destroyer' 🔥💵 Investor's Business Daily https://t.co/7KJW2NWNJD
Cathie Wood is outraged that long-standing law is actually being enforced which prohibits $TSLA BoD—any BoD—from lying to shareholders to push through the astronomically excessive pay package demanded by out-of-control greedy egomaniac autocrat Elon Musk. Don’t be like Cathie. https://t.co/nyGlCI0Xg9