Cathie Wood’s Ark Invest has had a tough time this year. After more than doubling in value in 2020, Wood’s flagship exchange traded fund, the Ark Innovation ETF, is down 7% year-to-date. The fund’s underperformance has led many investors to call into question Wood’s approach of investing in disruptive technologies and innovations. Yet Wood remains defiant and is doubling down on many of her stock positions.