Mark Spitznagel

Mark Spitznagel is the founder and chief investment officer of Universa Investments, a Miami-based hedge fund firm known for tail-risk hedging. He started as a pit trader at the Chicago Board of Trade and was a proprietary trader at Morgan Stanley before running Empirica Capital with his former NYU professor Nassim Nicholas Taleb and launching Universa in 2007. He also wrote The Dao of Capital, which applies Austrian economics to investing.