https://www.coindesk.com/business/2023/02/23/cathie-woods-ar...
and then yesterday... so convenient...
https://www.businessinsider.in/stock-market/news/cathie-wood...
Down 8.16% today...
https://www.coindesk.com/business/2023/02/23/cathie-woods-ar...
and then yesterday... so convenient...
https://www.businessinsider.in/stock-market/news/cathie-wood...
Down 8.16% today...
The claim is she knew about this information based off the timing of the trade. It’s not evidence but it’s certainly suspicious.
It does not follow that she would necessarily know enough other information to perform well. That’s a much higher bar, especially when tech has been pretty deep in the red.
Also, just because she might have had insider info in this instance, doesn't mean she always has it. The fact Coinbase was able to release a blog post so soon after the announcement would suggest there was some knowledge that this was coming.
Oh, it’s 1.6% of her stake, too. Basic portfolio management.