Cathie Wood stays the course as Ark Innovation loses a fifth of its value: ‘Truth will win out’

Cathie Wood stays the course as Ark Innovation loses a fifth of its value: ‘Truth will win out’

Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021.
Kyle Grillot | Bloomberg | Getty Images

Closely-followed innovation investor Cathie Wood has a message for investors who may be concerned about her fund’s underperformance this year: “Don’t drift from your style. Just keep your eye on the prize. Truth will win out.”

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