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Show HN: I built a comprehensive Ark ETF tracker

cathiesark.com

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Re: Show HN: I built a comprehensive Ark ETF tracker

#71

Post by 01100011 »

pedalpete wrote: post #22

I'm surprised to see Roku as such a big holding for them. I wonder what their thesis. Apparently I'm not the only one confused by this https://www.reddit.com/r/investing/comments/f3my4w/why_would... https://investorplace.com/2020/08/roku-stock-is-poised-for-l...

As someone who is kicking himself every day for turning down a job with Roku a while back...

I think the impression is that Roku has built a durable brand and will continue to capitalize on it going forward. Roku has not generated much profit yet, but AFAICT their expenditures are low and they can scale quite well. They are part device mfg and part advertising company, and we all know the market loves ad companies(Facebook, Google, etc).

As a cynical embedded guy who has worked in settop boxes for the last 20 years, I see them as having easily replaceable tech and facing stiff competition from Amazon, Google and Apple(along with unforeseen foreign competitors) in the future. I specifically avoided them because I thought they were a flash in the pan(well, it was also a brogrammer shop and I wanted to avoid that).

I think they've proven themselves to have some staying power, but I think their current valuation, like a lot of the market, is just flat out silly.

Re: Show HN: I built a comprehensive Ark ETF tracker

#72

Post by throwaway1777 »

pedalpete wrote: post #22

I'm surprised to see Roku as such a big holding for them. I wonder what their thesis. Apparently I'm not the only one confused by this https://www.reddit.com/r/investing/comments/f3my4w/why_would... https://investorplace.com/2020/08/roku-stock-is-poised-for-l...

A high percentage of tvs come with roku built in now. They have benefited greatly from the stay at home trend. There was actually an acronym ZARP for this, Zoom Amazon, Roku, Peloton.

Re: Show HN: I built a comprehensive Ark ETF tracker

#74

Post by webinvest »

BOOSTERHIDROGEN wrote: post #56
webinvest wrote: post #44

Earlier quoted context omitted.

What difference does it make being your first, second, hundredth, or thousandth investment? It depends on what your goals are and how you rank those goals. You’ll probably make more money with ARK funds but you won’t learn as much about picking stocks. Instead you’ll learn about picking ETFs. You’re pretty likely to wake in 10 years in a world you’re happy to live in with ARK funds. Even though that’s not the primary…

better return than S&P500, but right now its seems so overvalued.

Tell me how you performed your valuation on the ETF

Re: Show HN: I built a comprehensive Ark ETF tracker

#75

Post by webinvest »

erhk wrote: post #55
webinvest wrote: post #40

Earlier quoted context omitted.

Tesla is expected to 4x it’s revenue in 2 years. So in 2 years that could be a much lower PE. Maybe try a PEG ratio or discounted future cash flows

Do you expect $TSLA to stagnate for the next two years then?

No, you’re misinterpreting it. I don’t expect Tesla’s growth to be flat for 2 years and then 4x in 1 quarter; that would be insane.

Re: Show HN: I built a comprehensive Ark ETF tracker

#76

Post by isthispermanent »

pedalpete wrote: post #22

I'm surprised to see Roku as such a big holding for them. I wonder what their thesis. Apparently I'm not the only one confused by this https://www.reddit.com/r/investing/comments/f3my4w/why_would... https://investorplace.com/2020/08/roku-stock-is-poised-for-l...

This is all useful information. Roku has always been a bit puzzling to me. Might be because I don't use it and therefore don't understand the functionality.

Re: Show HN: I built a comprehensive Ark ETF tracker

#77

Post by fma »

Centigonal wrote: post #61
elliekelly wrote: post #58

Earlier quoted context omitted.

Tesla at nearly 10% is unreasonable for an ETF. I hope it’s so overweight because of appreciation rather than active buying.

ARKK (and maybe their other ETFs) are capped at 10% per individual holding. They take profits when the holding becomes overweight. Cathie Wood has said she would hold more TSLA if she could. I don't know when or how they plan to exit if things start to go sideways.

Hold more if she could? Not according to this interview.

If we had not taken profits in its ride up from [$]178 to 900 or nearly 1,000, it would’ve been ... maybe over 20% of the fund,” she said. “That would not be wise portfolio management. We like to control our position sizes.”

https://www.cnbc.com/2020/05/22/ark-invest-ceo-why-weve-sold...

Re: Show HN: I built a comprehensive Ark ETF tracker

#78

Post by dwohnitmok »

webinvest wrote: post #75
erhk wrote: post #55

Earlier quoted context omitted.

Do you expect $TSLA to stagnate for the next two years then?

No, you’re misinterpreting it. I don’t expect Tesla’s growth to be flat for 2 years and then 4x in 1 quarter; that would be insane.

I think parent is talking about the price of Tesla's stock, since your comment seems to suggest that this growth is already priced into Tesla's stock price, meaning that, based on that reason alone, Tesla's stock price is unlikely to increase in the next two years unless it exceeds even those targets.

Re: Show HN: I built a comprehensive Ark ETF tracker

#79

Post by stigz »

elt193 wrote: post #50

Thank you for this! I’m curious if there are products (or interest in products) where people can mirror portfolio of these etf/famous investors at a much smaller expense ratio. This can be done with a combination of data aggregation + alpaca api.

Yes, I'm interested. I was thinking along the same lines.
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