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 Predictability of Black Swan Events

Mark Spitz-Nagle says he never speculates on black swan events. Bill Ackman has made big bets in the past and lost all his money when they didn't materialize. University of California, San Francisco is taking a more aggressive approach to its strategy than many other firms that are trying to take advantage of tail risk events like COVID or housing crisis.

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