Sometimes brains are a detriment in investing

This piece discusses how overthinking can be detrimental in investing, particularly through the lens of Cathie Wood's recent decisions. Despite her leading role in managing the ARK Innovation ETF, which thrived for some time, her recent performance has lagged behind expectations as she has struggled to keep pace with market trends, particularly in AI. Her decision to sell Nvidia early has particularly impacted her fund's returns. The narrative emphasizes the importance of maintaining conviction in investments, pointing out that sometimes simplicity in strategy can lead to better performance. In a volatile market, many investors have found that sticking to a straightforward approach may be more effective than complicating their strategies.