Key Words: These 3 words describe one ‘black swan’ investor’s approach to managing his $5 billion fund through a market crash
Explosive downside protection. Thats how Mark Spitznagel, the founder of Universa Investments, described his approach to navigating market risk in an interview with Vanity Fair that published Thursday. Basically, he says he makes far out-of-the-money bets t…
bubmagFebruary 13, 2020