Bloomberg TV Mark Spitznagel, the boss of Universa Investments, saw its fund return 4.144% in the first quarter. He explained to CNBC on Monday why hedge risk hedging is generally a “costly and bad strategy”. Spitznagel warned investors at home against using the investment technique. Instead, he said, they should …
Read More »An investor whose fund returned 4.144% in the first quarter explains why tail risk strategies are too dangerous for the average trader – and calls ongoing Fed incentives ‘very, very destructive’
