22/09/18

How A Fund Betting On "The End Of The World" Outperformed The S&P500



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How A Fund Betting On "The End Of The World" Outperformed The S&P500
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Ten years after the financial crisis, with the bull market now the longest on record, "black swan" fund Universa Investments chief investment officer, Mark Spitznagel, spoke on Bloomberg TV and said that "we are going to continue to see deeper and deeper [crashes], simply by virtue of the fact that the degree of interventionism is larger and larger."

In other words, trading for "the end of the world"... but not expecting it to come tomorrow. In fact, ....

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