Bill Ackman's Strategy for Predicting Volatility

Scott Patterson is the author of a brand new book, 'Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis.' In this book, he breaks down two of the greatest traders in history, Nassim Taleb and Mark Spitznagel.  At Universa hedge fund, which both of them have set up and run, they are returning over 100% annually based on audited returns. They have been doing that for over a decade, one of the great runs, but the strategy they employ is even more fascinating.

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