This year, SPACs raised $80 billion from IPOs, changing how Wall Street works and making many bankers, billionaires, hedge funds and entrepreneurs rich or richer. Blackstone’s stock is up 19% this year, outperforming most on Wall Street. And drumroll, please …The Forbes Finance & Investing Person Of The Year: Cathie Wood, Founder, Ark InvestSix years ago, Wood packaged stock-picking into ETFs. Since then, few on Wall Street can beat her. Cathie Wood Eli Warren for ForbesTo help select our first annual Forbes Finance & Investing Awards, we consulted David T. Frank, founder of Stonehaven LLC.

Source: Forbes December 28, 2020 11:26 UTC