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No. of Recommendations: 11
I'm not understanding how you are following their philosophy if you are selling the biggest thing they are buying.

I didn't say I was going to follow their philosophy. I said: "I prefer to study ARK Invest's philosophy. At the core of ARK's strategy is Wright's Law (similar to Moore's Law), a law that predicts how much the cost of production drops with increasing volume."

https://boards.fool.com/six-takeaways-from-the-2165-page-fin...

An important issue is that each portfolio should fit the owner like a well tailored suit. I, of course, looked at ARK's positions to see which of them would be a good fit for my portfolio. I clearly stated why I was looking to replace Teladoc:

Six takeaways from the 2,165-page final rule:

This HUGE regulatory oversight is one of the main reasons I stay away from healthcare stocks.


https://boards.fool.com/six-takeaways-from-the-2165-page-fin...

The idea is not to clone Cathie Wood or Saul Rosenthal but to learn from them.

Denny Schlesinger


BTW, TSLA was becoming a very large position in my portfolio before I met Cathy! ;)

BTW2, TDOC has outperformed all five of ARK's ETFs over the past five years.

https://softwaretimes.com/pics/tdoc-12-14-2020.gif

Now that TDOC is off its high and down to the 200 DMA, it seems a reasonable time for ARK to load up on TDOC. I don't see how Wright's Law applies since they don't manufacture anything. They must be using a different algorithm.
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