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Cathie Wood of ARK is not the first highly concentrated active manager to shoot the lights out for half a decade while sparking a stampede of flows into their funds. There have been many throughout history but perhaps the one that most echoes ARK today is the famous Janus Twenty Fund, which dominated the latter half of the ’90s and early 2000s with very similar returns and flows to what ARK is experiencing, albeit one met with a 50% downturn when the Internet bubble burst.
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TrillionsIs ARK the New Janus Twenty?00:44:31ShareSubscribeCookie PolicySubscribe to TrillionsKeep up to date by subscribing to this podcastShare Is ARK the New Janus Twenty?Share this episode with your friendsCookie PolicyThis player is hosted by Megaphone, a podcast publishing platform. By using Megaphone’s player you are consenting to our use of cookies, which we use to improve user experience. Please refer to our privacy policy to learn more.
On this episode of Trillions, we speak to Scott Schoelzel, the former PM of the Janus Twenty during the fund’s magical stretch from 1998 to 2007. Having lived through the ups and downs of cycles, he gives us his thoughts on the current situation with ARK, advice for the firm’s investors as well as his takes on the state of active management, ETFs, the Fed and what he’s up to these days living out on his farm in Colorado.
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