Power & Market
Author:
Mark Spitznagel
Online Publish Date:
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 Haven . He is a well-read student of Austrian economics, and has applied the insights of Mises and others to his professional work. This editorial,