Mark Spitznagel Bio | Wiki
Mark Spitznagel is a famous American investor and hedge fund manager. He is the CEO, founder, and owner of Universa Investments, a hedge fund management firm based in Miami. In addition, he established the Empirica Capital “tail-hedging” fund along with author and financial mathematician Nassim Nicholas Taleb in 1999.
Mark Spitznagel Age
He was born in Ann Arbor, Michigan, in the United States on March 5, 1971. Spitznagel is 52 years old and celebrates his birthday every year on March 5.
Mark Spitznagel Height
He is a man of average stature. Spitznagel stands at a height of 5 ft 7 in ( approx. 1.7m ).
Mark Spitznagel Family
He was born in Ann Arbor, Michigan, in the United States to his devoted parents. Spitznagel holds American nationality. He is the son of Lynn Edward Spitz-Nagel and Lynn. His father served as minister of a small United Church of Christ congregation. His mother took care of Spitznagel and his brother Eric. Spitznagel was apprenticed by 50-year veteran corn and soybean trader Everett Klipp when he was 16. He became an independent pit trader at the Chicago Board of Trade and later a proprietary trader at Morgan Stanley in New York.
Mark Spitznagel Wife
He is married to his supportive wife Amy Spitznagel. She works on the marketing and distribution of the cheese. The couple are parents of two children son Teddy and son Silja. He bought Idyll Farms in 2012 and expects his children will work on the farm. The Farm in Michigan pastures dairy goats and produces artisanal chèvre.
Mark Spitznagel Education
He is an undergraduate degree from Kalamazoo College. Spitnagel later enrolled at New York University where he graduated with a degree in mathematics from the Courant Institute of Mathematical Sciences. In addition, he is also reportedly flies planes and practices Ashtanga yoga.
Mark Spitznagel Book | Safe Haven
In August 2021, he published Safe Haven, a book about Investing for Financial Storms. He answers questions on investing and portfolio risk mitigation in the world. The book helps investors never look at risk mitigation the same way again. Additionally, the book contains 208 pages published by Wiley, and it is available on Amazon as Kindle at $17.00 and Hardcover from $22.10 to $24.47.
Mark Spitznagel House
Spitznagel splits his time between his Miami office and Michigan, where his family lives. He sold his moat-surrounded house in Bel-Air for $10 million in 2013. He bought the compound from dancer-singer-actress Jennifer Lopez and her then-husband, singer Marc Anthony, in 2009 for $6.2 million. Bel-Air sits on about three-quarters of an acre and has five fireplaces, hardwood and antique French stone floors, and a balcony looking out over the back lawn. In addition, it contains five bedrooms and nine bathrooms in 7,357 square feet.
Mark Spitznagel Universa
Spitznagel is the founder, owner, and also CEO of Universa Investments, a hedge fund management firm based in Miami. He founded the firm in January 2007 with Nassim Nicholas Taleb acting as its advisor. Before, the two ran Empirica Capital, a hedge fund that closed in 2004 due to subpar returns. Moreover, Universa was launched with $300 million under management and traded out of a small office in Santa Monica.
Mark Spitznagel Portfolio | Strategy
He stated that investment strategy is focused on risk mitigation in portfolio construction, and is intended to allow his clients to take more systematic risk. He is however dismissive of Modern Portfolio Theory, specifically its emphasis on correlations and mean-variance. Moreover, he lowers what he calls the “volatility tax” paid by investors—”the hidden tax on an investment portfolio caused by the negative compounding of large investment losses.”
Mark Spitznagel 13f
His Universa Investments management firm based in Miami has a portfolio of holdings, SEC Filings which include 13F quarterly reports and 13D/G events. The latest 13f’s of the firm are available at aum13f.com.
Mark Spitznagel Investor Letter
He wrote to investors this week obtained by Bloomberg stating, “It is objectively the greatest tinderbox-timebomb in financial history greater than the late 1920s, and likely with similar market consequences.” Moreover, he added new fiery rhetoric around global debt levels. The Universa’s strategy could have a 402% average return on invested capital if the S&P 500 drops 10% in a month according to him.
Mark Spitznagel The Duo of Capital
In 2013, he authored a book, The Dao of Capital. The book provides a rare and accessible look through the lens of one of today’s great investors to discover a profound harmony with the market process. The book contains 368 pages available on Kindle at $18.00 and on hardcover at $29.95.
Mark Spitznagel Inflation
Spitznagel said that investors should expect inflation to be ‘elevated forever’ as he calls the Fed’s bluff on raising rates enough to tame it. He also stated that investors should avoid classic diversification strategies.
Mark Spitznagel Goat Farm
He bought Idyll Farms in 2012 and expects his children will work on the farm. The farm is a pasture-based goat farm and creamery in Northport that pastures dairy goats and produces artisanal chèvre.
Mark Spitznagel Net Worth
Spitznagel is a 52-year-old American investor and hedge fund manager who serves as CEO, founder, and owner of Universa Investments. From his investments, he has earned a net worth of $250 Million.
Who Is Mark Spitznagel
Spitznagel is a 52-year-old American investor and hedge fund manager with a net worth of $250 Million. He is the CEO, founder, and owner of Universa Investments, a hedge fund management firm based in Miami. In addition, he established the Empirica Capital “tail-hedging” fund along with author and financial mathematician Nassim Nicholas Taleb in 1999.
How Old Is Mark Spitznagel
Spitznagel is 52 years old born in Ann Arbor, Michigan, in the United States on March 5, 1971.
How Does Mark Spitznagel Invest
He has a self-described investment strategy that is focused on risk mitigation in portfolio construction. He invests by owning far out-of-the-money put options on stocks.