Editor’s note: Mark Spitznagel is President and Chief Investment Officer for Universa Investments. He has written about risk mitigation and “tail hedging” in his books The Dao of Capital and Safe...
Mark Spitznagel
Mark Spitznagel is Founder and Chief Investment Officer of Universa Investments. Spitznagel is also the author of 2021’s Safe Haven: Investing for Financial Storms, which applies statistics to help readers understand cost-effective risk mitigation strategies in investing. His earlier 2013 book The Dao of Capital: Austrian Investing in a Distorted World applies the insights of Austrian economics and Chinese philosophy to explain capital as a temporal process rather than a static asset. In 2016 Mr. Spitznagel was a Senior Economic Advisor to Senator Rand Paul’s presidential campaign.
