Seems to me none of you guys have the correct understanding of what Spitznagel does at his Universa. He actually uses these out of the money options payoffs not to bet on random black swans, but rather to exploit really…
Seems to me none of you guys have the correct understanding of what Spitznagel does at his Universa. He actually uses these out of the money options payoffs not to bet on random black swans, but rather to exploit really…