Investor whose ‘explosive’ hedging strategy returned more than 4,000% last month says a ‘true crash’ in stocks is still to come
April 08, 2020 at 16:42 PM EDT
If you listened to Mark Spitznagel, the founder of Universa Investments, back in March, you probably made a nice little profit — or at least avoided some of those nasty losses — when the coronavirus outbreak blew up the long-running bull market.