Those fund managers, stock pickers, and companies who seem to always outperform, always beat, and always return above their peers — well, it’s certainly tough to resist their siren song.
Cathie Wood is the founder and CEO of Ark Invest and the portfolio manager of their flagship fund, the ARK Innovation ETF (ticker symbol: ARKK). The fund launched on October 31, 2014.
Bill Miller joined the mutual fund firm Legg Mason in 1981 as their director of research. Whereas most mutual fund managers receive an MBA from an Ivy League business school, Miller earned a PhD in philosophy.
On October 1, 1997, Ken Heebner launched the CGM Focus fund (CGMFX) and has been the portfolio manager of the fund ever since. Over the next 10 to 11 years, he achieved extraordinary success.