4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP558: How Ackman & Taleb Profited Billions During Market Crashes w/ Scott Patterson

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Importance of Capital Preservation in Risk Management

Mark O'Mara: Black Swans are by nature, undefinable, uncontained, incomprehensible. They're uncertain, chaotic, random, wild, out of control crises. And I think that's a big reason why Tileve and Spissnag, well, they see the possibility of these things happening. He says if you just put money in a university fund, you would end up pretty good. But that's not what they tell people to do, their own investors. Their strategy is that you clients put in about 3% of their capital into the university fund and then the rest optimally in the S&P 500. To get back to where you were to

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