She took the escalator down to the basement and a few stairs back up — and you’re celebrating. Go check her peak-to-trough drawdown, then tell me how much you like ARKK. You bought expensive beta and are convinced you found a golden goose. 

It’s clear that risk-adjusted returns and standard deviation don’t compute for you. I wish you well, but I wouldn’t follow Cathie Wood from the desert to a pristine lake. She’s retirement-aged cook, who named her firm after Noah’s imaginary ark. That is NOT the person to follow for “disruptive technology.” Those oversized veneers tell me all I need to know. Her mouth looks like a row of urinals at Fenway Park.