by Tyler Durden Saturday, May 08, 2021 - 10:54 AM Just hours after we wrote an article titled "ARKegos Looming" on Thursday, which compared ARK Invest's Cathie Wood to Bill Hwang and started to ask some critical, pointed questions about how many times ARK can closely sheer the NASDAQ sheep from which it is making its living, the firm's matriarch appeared on CNBC late on Friday for some urgent damage control an interview about the recent performance of her funds. Her flagship ARKK fund is now down about 31% off its 52 week and all time highs near $151 per share. During Wood's CNBC interview on Friday, she admitted on national television what we had been reporting weeks ago: