REUTERS/Jim Young
- Billionaire 'Bond King' Bill Gross slammed the hype around Ark's top stock-picker Cathie Wood Monday.
- He pointed out her flagship ETF has lagged funds tracking top tech stocks over the past five years.
- Wood is known for her big bets on disruptive tech, including AI and blockchain stocks.
Billionaire investor Bill Gross has slammed the hype surrounding Cathie Wood, pointing out that her flagship fund has underperformed a passive investment ETF that's tracked the Nasdaq 100 over the past five years.
"CNBC/media idolatry with Cathie Wood is absurd," the PIMCO founder said on Twitter Monday.