Infotech

Tech star manager Cathie Wood forced to come down to earth



She is often presented as the Warren Buffett of new technologies. The Oracle of Omaha has a head start, at least by its longevity in the investment business. But Cathie Wood is closing the gap. The founder of Ark Invest, America’s most prominent asset management company, already has nearly 680,000 followers on Twitter, half as many as Berkshire Hathaway boss, but almost as many as the US Federal Reserve . And more than BlackRock, the world’s leading asset manager.

Above all, the new star manager breaks the codes in the manner of tech gurus, the only sector in which she invests. With her web seminars open to anyone and her research partly in open source, the sixty-five-year-old American never ceases to take back the very standardized universe of asset management. On his online store, the fan can find t-shirts and other baby bodysuits bearing Ark’s slogans or his effigy, recognizable by his brown lock and his glasses. Does this mean that the new darling of the markets has fallen into the cult of personality?

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