• Some investors are betting big on Chinese tech despite Cathie Wood's warning of a 'valuation reset'

    9 days ago - By Business Insider

    Summary List Placement Cathie Wood is selling off millions of shares in Chinese tech companies, but some investors think she's got it backwards.
    The KraneShares CSI China Internet ETF, worth some $5 billion, saw two days of record inflows this week, according to a new Bloomberg report. This week, more than $631 million has come into the fund, even as others worry China's regulatory crackdown on ride-hail firm Didi Chuxing could presage future troubles for Chinese tech companies.
    "Maybe Cathie Wood's getting out was the final sentiment indicator those investors needed," Susquehanna's Chris...
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  • Some investors are betting big on Chinese tech despite Cathie Wood's warning of a 'valuation reset'

    Some investors are betting big on Chinese tech despite Cathie Wood's warning of a 'valuation reset'

    9 days ago - By Business Insider

    Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years.
    ARK Invest
    Cathie Wood is selling shares in Chinese tech companies, but some investors have a different view.
    The KraneShares CSI China Internet ETF saw record inflows this week, according to Bloomberg.
    On Tuesday, Wood told investors, "From a valuation point of view, these stocks have come down and again from a valuation point of view, probably will remain down."
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Cathie...
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  • A 30-year investing veteran who advises a $800 million endowment shares 2 ways to play a period of instability where rates surge and investors realize 'the emperor has no clothes'

    A 30-year investing veteran who advises a $800 million endowment shares 2 ways to play a period of instability where rates surge and investors realize 'the emperor has no clothes'

    10 days ago - By Business Insider

    Summary List Placement Karl Sternberg is in the fortunate position of having 30 years of experience behind him to inform his thinking when he considers the outlook for inflation and its impact on the markets.
    "Remember, there's a whole generation of investors, the people looking after class money today, have never lived in anything apart from what's been called the 'Great Moderation' inflation came down and policies were pretty predictable," said Sternberg on a podcast this week.
    Sternberg currently advises on the investment committee for the £580 million endowment for Christ Church...
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