My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
Cathie Wood made a career betting on the future. Insiders reveal how the ARK Invest founder won the funds (and hearts) of memelord traders and boomer investors alike. by Vicky Ge Huang, Bradley Saacks, and Rebecca Ungarino
“Overnight success? Cathie has been honing her skills at this for a lifetime.”
“Putnam’s entry into the ETF market will follow that of another mutual fund-only firm that distributed exclusively through advisors, then made the same pivot: Dimensional Fund Advisors.”
“It’s a process and a lot of work. We just don’t want to offer a lot of new products.”
“Inaction by the SEC has forced the ecosystem to develop around them, rather than with them.”
“It’s an ETF world now.”
ETF Tweet of the Week: Rising interest rates are hampering the performance of bond ETFs, particularly those with longer duration.
— jeroen blokland (@jsblokland) February 19, 2021
ETF Chart of the Week:
Link: Brian Chappatta