Mark Spitznagel acknowledges his investment approach may seem “weird,” as he describes it.
The man who predicted and dramatically profited from the 1997, 2001 and 2008 stock market crashes says forecasts and economic projections such as that play no part in the performance of his $6 billion hedge fund, Universa. “Market timing and forecasting is something no one has an edge at,” he claims, dismissing an entire industry on Wall Street while forecasting that the next financial crisis is around the corner.
Can he accurately make four stock market crash predictions in a row, profiting off each, and still claim his accurate forecasts don’t matter to Universa's investment returns?
Once you understand his systematic investment method, the answer is clear. Yes.
But it...

