Mark Spitznagel

Quick Facts

Full Name	Mark Spitznagel
Occupation	Economist
Date Of Birth	Mar 5, 1971(1971-03-05)
Age	53
Birthplace	Ann Arbor
Country	United States
Birth City	Michigan
Horoscope	Pisces

Mark Spitznagel Biography

Mark Spitznagel is one of the most popular and richest Economist who was born on March 5, 1971 in Ann Arbor, Michigan, United States. Mark Spitznagel (/’ Spitznagel, s p I T Spitznagel (/’ s p I t born on 5 March 1971) is an American investor and hedge fund manager. He is the co-founder, owner chief investment officer, and the owner of Universa Investments, a hedge fund management company based within Miami, Florida.

In 2007 Spitznagel established his hedge fund Universa Investments, where he is Chief Investment Officer and offers a form of protection against market risk.

Spitznagel wrote a book in 2013 titled The Dao of Capital: Austrian Investing in a Distorted World about the Austrian School of economics and its ostensible application to investing. Paul Tudor Jones said of Spitznagel’s book that it “shows how a seemingly difficult immediate loss becomes an advantageous intermediate step for greater future gain, and thus why we must become ‘patient now and strategically impatient later’.”

Spitznagel is among the many financial executives and hedge fund managers who moved their residence and operations to Florida. In 2014, he moved his hedge fund offices from Los Angeles to Miami, citing Florida’s “more hospitable business and tax environment” than California’s. There is no income tax or estate tax in the state of Florida.

Additionally, “Universa was among a handful of funds that made huge gains” during the financial crisis that lasted from 2007 to 2008. In 2010 it was reported that a huge trade executed by Spitznagel during the time that led in the year 2010 Flash Crash (when the Dow Jones Industrial Average fell by over 9 percent of its value throughout one day) was one of the primary causes.

Mark Spitznagel Net Worth

Mark Spitznagel is one of the richest Economist from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Mark Spitznagel 's net worth $5 Million. (Last Update: December 11, 2023)

in 1999 Spitznagel along with author, financial mathematics expert Nassim Nicholas Taleb (who was Spitznagel’s teacher at NYU) created an investment fund called the Empirica Capital “tail-hedging” fund.

Spitznagel is adamant about Modern Portfolio Theory, and particularly its focus on mean-variance and correlations (or Sharpe ratios) and is skeptical of market forecasts, even though according to an article in the New York Times article, Spitznagel forecasted two market downturns during the last decade, the first one in 2000 and the second in 2008, in addition to and specifically the “2000s commodities boom.”

Along with entrepreneur Peter Thiel, Spitznagel was a major supporter of the 2012 Republican Presidential campaign of U.S. Congressman Ron Paul, a friend and fellow libertarian who “shares [Spitznagel’s] contempt for the Federal Reserve” and his desire for a non-interventionist foreign policy. Spitznagel was also senior economic advisor to the 2016 Republican Presidential campaign of Ron’s son, U.S. Senator Rand Paul.

Height, Weight & Body Measurements

Mark Spitznagel height Not available right now. Mark weight Not Known & body measurements will update soon.

Who is Mark Spitznagel Dating?

According to our records, Mark Spitznagel married to Amy Spitznagel. As of December 1, 2023, Mark Spitznagel’s is not dating anyone.

Relationships Record : We have no records of past relationships for Mark Spitznagel. You may help us to build the dating records for Mark Spitznagel!

Facts & Trivia

Mark Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in United States. Mark Spitznagel celebrates birthday on March 5 of every year.

What is mark Spitznagel strategy?

According to Spitznagel his strategy involves suffering small losses for long periods when markets are buoyant, then making huge returns during very occasional market slip ups. “That is almost the mirror image of what most investors are taught to do: make steady gains most of the time but accept the odd huge loss.

How does Universa Investments Work?

Universa Investments specializes in risk mitigation, deploying a tail-risk hedging strategy to limit losses from an outsized market event , like a “Black Swan.” Nassim Nicholas Taleb, author of “The Black Swan,” is the “Distinguished Scientific Advisor” to Universa Investments.

What is tail ETF?

TAIL Cambria Tail Risk ETF The Fund intends to invest in a portfolio of “out of the money” put options purchased on the U.S. stock market. TAIL strategy offers the potential advantage of buying more puts when volatility is low and fewer puts when volatility is high.

Are bonds a good hedge?

Bonds can be a good investment during a stock bear market because of their hedging properties. The majority of price increases for bonds, and the lowest yields, typically occur before and leading up to the deepest stage of recession.

What is the minimum investment for Universa hedge fund?

Mark Spitznagel is losing tons of money every day running Universa, his $6 billion hedge fund, and he’s weirdly calm about it. Part of the reason is that he only has about 15 investors to answer to, and they have enough money to invest more than $50 million , Universa’s minimum investment, in a world doom scenario.