Universa's Mark Spitznagel Spreads His Wings

November 01, 2011   Jan Alexander

Spitznagel is looking to apply the skills he learned managing black swan funds to macro investing

In the late 1990s, Nassim Taleb had a radical new idea for an investment strategy: He wanted to start a hedge fund designed to lose money when the market went up. The appeal would be that the fund would generate …


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