Anything and everything can happen in investing.
Just ask Cathie Wood, the founder and chief executive of New York-based ARK Investment Management.
Until she left AllianceBernstein in 2013, where she headed its global thematic strategies team, to found ARK, Ms Wood was almost unknown within the wider investment management world.
She certainly didn’t have a stellar track record to boast about during a career that had spanned close to three and a half decades at a ...