As one of the most well-known ETF fund managers shares a year-end update on the performance of her ETFs in 2022, she references a famous Warren Buffett quote to offer a glimmer of hope. Follow benzinga What Happened: Ark Invest CEO Cathie Wood sent out a year-end message on Tuesday highlighting the current market environment and what could be ahead in 2023. The note comes as investors are pulling money from the Ark Invest ETFs after the funds experienced declines in 2022. “We acknowledge that a risk-off market environment has pushed investors back toward benchmarks during the last two years, disadvantaging strategies that focus on disruptive innovation,” Wood said. She acknowledged that companies could be cutting back on research and development and other investments due to the rising interest rates in a move to build their cash holdings. Berkshire Hathaway Inc CEO and noted investor Warren Buffett has a famous saying of “Be fearful when others are greedy, and greedy when others a...