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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.

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Mark Spitznagel: At What Price Safety?

07/27/2021Power & Market

The famed investor asks how much we should pay to keep ourselves safe.

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Spitznagel on Fed Policy, Hedge Funds and Insuring Market Risk

02/06/2019Power & Market
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Spitznagel on Bloomberg: Future Financial Crises Will Be Deeper

09/18/2018Power & Market
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Bob Dylan as Economic Prophet

Media and CultureU.S. Economy

Change is the defining feature of our modern age. But you would never know it when surveying today’s financial market landscape.
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Why Cryptocurrencies Will Never Be Safe Havens

Money and Banks


Cryptocurrencies are an important step in the right direction. But thinking that we are magically creating new stores-of-value is a profound mistake.

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