Safe Haven: Investing for Financial Storms

What are safe haven investments? What role do they play in a portfolio? Why are they so difficult and counterintuitive to pursue? And, most importantly, how can one build a safer investment portfolio even from the worst of financial storms? Hedge fund manager and tail-hedging pioneer Mark Spitznagel answers these questions and more, and reveals just what makes one safe haven better than another. Safe Haven is the first major, comprehensive analysis of this broad asset class, written by one of its top practitioners. Investments covered and evaluated include precious metals, commodities, US treasuries, currencies and cryptocurrencies, real estate, art, equity strategies, hedge funds, risk parity, CTAs, CDSs, VIX, and tail-hedging.

MARK SPITZNAGEL has been a leading financial professional during his 20-year investment career. He’s served as the Head of Equity Options in the Process Driven Trading group for Morgan Stanley, Partner and President at Empirica Capital LLC, and an independent pit-trader at the Chicago Board of Trade.