It's an amazing time to invest in cutting-edge tech, according to ARK Invest

ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.

Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds in early 2021. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1 billion. This decline can be attributed to a combination of factors, including high interest rates dampening Wood’s long-term speculative tech investments and the subsequent wave of outflows.