ARK is great at marketing but there are other active ETF's that are in the same range of performance.
YOLO ETF which has returned around 150% in a year or even the SoFi Gig Economy ETF which has returned around 120% in a year.

https://advisorshares.com/etfs/yolo/

https://www.sofi.com/invest/etfs/gige/
These all are still short term returns and if you are concerned about tail risk then there is an ETF that caters to that:

https://www.simplify.us/etfs/spd-simplify-u...e-convexity-etf

Meant to protect against extreme drawadowns and not garden variety 10% drawdowns.

Far out of the money put like below only worked during the March drawadown last year.


For Ark, it will last as long as current market dynamics last.

For one, their AUM is ballooning quite rapidly and as Buffet says easier to compound with 1 million than 10 billion.
On the market dynamics, lets take a look at Uber and Palantir.

During Uber's IPO demand wasn't there and not many wanted it above 40 but fast forward two years on, people's minds have changed.

Similar story for Palantir where they were struggling in the secondary market and now it is the talk of the town. Can't complain since I own Palantir but important to understand and plan ahead for changes in market dynamics.

it is fulfilling and confidence boosting to be able to read the market... especially top and bottom...

majority never try to learn... or sucks at it

whilst you can never buy the absolute bottom...  able to buy near the bottom pivot is not pointless

I believe knowing both FA and TA will give the best outcome

billions of people actively trade everyday, not just cathie... the charts show the outcome...and tell a story