While this is a common theme from the guru of tail risks, his timing could not have been better. As some might say “nailed it,” and Spitznagel was asked to explain how to spot market crashes coming on Bloomberg TV this week…The Universa CIO then reminds viewers that this is not over yet, explaining that markets do not crash in one big move but in an oscillatory drop and pop manner that “is meant to shake out the weak hands and get you short at the bottom.. really it’s an impressive thing what the market can do.”
https://www.zerohedge.com/news/2018-02-10/mark-spitznagel-why-picking-market-crashes-impossible
