John Bogle had a great idea that lowered the cost and democratized investing, but in this extraordinary time of technologically-enabled, transformative innovation, passive “investors” should not be “voting” when they know not what they do. I believe that even Bogle would agree that the pendulum to passive has gone way too far! ...

Technology Convergence - ARK Invest believes the convergence of technologies in robotaxis and humanoid robots could lead Tesla to super-exponential growth, but only with superior execution [1] Index Fund Voting Rights - The industry suggests index funds could be stripped of their voting rights, potentially reducing expenses and headaches [1]

RT Eric Balchunas (@EricBalchunas)I’m very pro-index funds but I would be fine if they were stripped of their voting rights. And I think they would to. One less expense- and headache. We wrote a note on this back in day how it would be a win-win for most everyone concerned IMO. ...

When shareholders first voted on @elonmusk’s 2018 pay package, #Tesla was not in any index, and the pay package won decisively. In the second vote, forced by an activist Delaware judge, $TSLA was 1.2% of the S&P 500, and the pay package won decisively. Now $TSLA is 2.4% of the S&P 500, not enough for index funds to swing the vote, and I believe that Elon’s new package will win decisively. Although the proxy firm ISS has recommended against the package, retail investors are likely to dominate the vote once a ...

Isn’t it sad, if not damning, that institutional shareholders rely on proxy firms to tell them how they should vote?Index funds do no fundamental research, yet dominate institutional voting. Index-based investing is a form of socialism. Our investment system is broken.ARK Invest (@ARKInvest):Having previously called the Delaware court’s decision “un-American,” @CathieDWood continues to defend Elon Musk’s 2018 pay package and urges the appeals court to “do the right thing" in a new "The Brainstorm."Watch now ...

RT jack (@jack)superpower ...

Focused exclusively on technologically-enabled disruptive innovation - aka creative destruction and Schumpeterian growth - @ARKInvest congratulates Mokr, Aghion, and Howitt for the Nobel Prize that recognizes and honors their exceptional research in this important space!The Nobel Prize (@NobelPrize):BREAKING NEWSThe Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having ...

RT Elon Musk (@elonmusk)The rocket came back from space at hypersonic speed and then hovered at a precise position ...

Very well-organized perspective on stablecoins and DeFi that helps pull together the puzzle pieces of this rapidly moving space!Raye Hadi (@rhadiARK):Excited to share ARK’s first DeFi-focused research publication: The DeFi Quarterly.I had a great time putting this together with @LorenzoARK and the team.We explore the key trends, innovations, and on-chain shifts shaping DeFi.https://t.co/fQuz2p4ycFFull Report Here: ...

RT ARK Invest (@ARKInvest)Unlike past recoveries that lost momentum, @CathieDWood believes this one could mark a turning point where productivity drives GDP growth to the 5% range and sustains it. Hear more in the latest "In The Know." ...