| Hey, it's Ben. For much of the past year, Cathie Wood made investing look easy. The investor's flagship fund gained almost 150% in 2020, then as much as 26% more in the new year. In the process, Wood became a superstar with a global fan base—her nicknames include "Money Tree" in South Korea and "The Godmother" in Hong Kong. Then the market turned on her. Yet as my colleagues Claire Ballentine, Annie Massa, and I write in this week's Bloomberg Businessweek cover story, Wood's always-online fans are sticking by her. They've poured a net $34 billion into ARK Investment Management's eight funds in the past 12 months and withdrawn only about $1.2 billion since the end of February. What's the secret of her appeal? Wood champions a beautiful future where technology makes everything better and more profitable. She expects the stocks in her portfolios to more than triple in the next five years as a handful of technologies bring about profound transformation of the economy. "We have a five-year investment time horizon," she says over and over again. Operating in the future does have its advantages: Hope springs eternal. Read our story, or listen here. —Ben Steverman  Photo illustration by Rad Mora; photo by Reed Young | 
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