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Hedge fund manager says Ark ETF stocks are a potential 'time bomb'

Key Points
  • David Neuhauser's hedge fund Livermore Partners was short Cathie Wood's Ark Innovation ETF in 2021.
  • He now says ARKK will become a "poster boy for all the things in the current cycle that you should not have been investing in."
  • ARKK is down 11% year-to-date, according to Refintiv data.
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Sept. 20, 2021.
Michael Nagle | Bloomberg | Getty Images

Hedge fund manager David Neuhauser, who shorted Cathie Wood's flagship fund last year, says Ark Innovation will become a "poster boy for all the things in the current cycle that you should not have been investing in."

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