The Guru Economy: Investors Lose, Experts Get Rich

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Wednesday, May 13, 2026

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Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 

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https://www.youtube.com/@WatchdogOnWallstreet/featured  

Morningstar is finally calling out the massive value destruction behind celebrity fund managers like Cathie Wood. While ARK Innovation badly underperformed the S&P 500, investors lost billions as management fees and media hype kept rolling in. Chris breaks down the growing gap between financial marketing and actual performance.

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