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As the Republican National Convention approaches, the shouts of victory resounding in the tents will easily conceal the broader political forces at work in the party beyond this fall’s hopeful decisive victory. The strategy of these forces are visible in the past Republican presidential campaign of Congressman Ron Paul. To some, Paul’s stubborn persistence in the campaign has been [...] By Mark Spitznagel. Mr. Spitznagel is the founder and chief investment officer of the hedge fund Universa Investments L.P., based in Santa Monica, Calif. This was originally published in the Wall Street Journal on December 22, 2011. Central banks are creating a tinderbox by keeping alive many very bad investments. The ubiquitous greenery of the season [...] By Jeff Harding Here is an article from the Wall Street Journal on Universa Investments, a hedge fund run by Mark Spitznagle who is a protege of Nassim Taleb of Black Swan fame. I follow Taleb and his theories of risk investing closely and think he is a brilliant and original thinker. I listen carefully [...] |
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