Black Swan Investor Universa Bets on Volatility

June 28th, 2009
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Earlier this month, The Wall Street Journal reported that Universa Investments LP had launched a new hedge fund called the Black Swan Protection Protocol-Inflation Fund—the term “black swan” referring to very extreme world events that dramatically affect the market.

Universa Investments was co-founded in January of 2007 by Chief Investment Officer Mark Spitznagel and Senior Scientific Advisor Nassim Taleb. Mr. Taleb is the author of the “The Black Swan.”

The new fund’s guiding philosophy will be that governmental stimulus programs around the world will cause inflation to skyrocket. With this in mind, the fund invests heavily in commodities-based stocks and options and shorts U.S. Treasury bonds, which historically are vulnerable in inflationary periods.
According to the article, Universa’s funds gained more than 100% in 2008, and Mr. Spitznagel is eager to continue its success.
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For Detailed Investor Profiles on these Investors, click below:
Universa Investments (Black Swan)
Related People: Mark Spitznagel; Nassim Taleb
Related Entities: Black Swan Fund; Black Swan Hedge Fund; Black Swan Protection Protocol Inflation Fund; Universa Asymmetry Fund LP; Universa Asymmetry Master Fund
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings

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