Source: CNBC
Date: 3/13/2012
Mathematician, trader, hedge fund manager and professor Nassim Taleb, author of the best seller The Black Swan despite being politically agnostic, supports Ron Paul because of his economic policies and anti-war stance.
Showing posts with label Nassim Taleb. Show all posts
Showing posts with label Nassim Taleb. Show all posts
Wednesday, March 14, 2012
Sunday, June 19, 2011
$6 billion hedge fund bets on 40% crash in SP500
RT News reporter Lucy Kafanov interviews Courtney Comstock of Business Insider regarding the bearish positioning of the $6 billion Universa hedge fund which has a steep $50 million minimum investment to get in:
The fund manager of Universa is Mark Spitznagel, the protege of Nassim Taleb, author of "The Black Swan". Mr. Spitznagel is also a follower of Ludwig von Mises. I have noticed many von Mises economists (such as Peter Schiff) have a pretty bleak outlook and predictions for the U.S. economy or dollar. Notice that there appears to be some real fear/apprehension on the part of the reporters as they contemplate, "What if Mark Spitznagel is right?" I do not blame them.
For further details, read Meet Mark Spitznagel: The Hedge Fund Manager Betting $6 Billion On A Doomsday Scenario from Business Insider.
The fund manager of Universa is Mark Spitznagel, the protege of Nassim Taleb, author of "The Black Swan". Mr. Spitznagel is also a follower of Ludwig von Mises. I have noticed many von Mises economists (such as Peter Schiff) have a pretty bleak outlook and predictions for the U.S. economy or dollar. Notice that there appears to be some real fear/apprehension on the part of the reporters as they contemplate, "What if Mark Spitznagel is right?" I do not blame them.
For further details, read Meet Mark Spitznagel: The Hedge Fund Manager Betting $6 Billion On A Doomsday Scenario from Business Insider.
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