Mark Spitznagel
Mark Spitznagel was born in Ann Arbor, Michigan, United States on March 5th, 1971 and is the American Businessman. At the age of 53, Mark Spitznagel biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.
At 53 years old, Mark Spitznagel physical status not available right now. We will update Mark Spitznagel's height, weight, eye color, hair color, build, and measurements.
In 2007, Spitznagel founded the hedge fund Universa Investments, where he is the Chief Investment Officer, and which offers a type of insurance against extreme market risk.
In 2018, The Wall Street Journal reported that “a strategy consisting of just a 3.3% position in Universa with the rest invested passively in the S&P 500 had a compound annual return of 12.3% in the 10 years through February (2018), far better than the S&P 500 itself” (and portfolios with “more traditional hedges”).
Moreover, “Universa was among a handful of funds that made huge gains" during the financial crisis of 2007–2008. In 2010, it was alleged that a large trade by Spitznagel in the minutes leading up to the 2010 Flash Crash (when the Dow Jones Industrial Average lost over 9% of its value during the day) was among its primary triggers.