Synopses & Reviews
Synopsis
What are safe haven investments? What role do they play in a portfolio? Why are they so difficult and counterintuitive to pursue? And, most importantly, how can one build a safer investment portfolio even from the worst of financial storms Hedge fund manager and tail-hedging pioneer Mark Spitznagel answers these questions and more, and reveals just what makes one safe haven better than another. Safe Haven is the first major, comprehensive analysis of this broad asset class, written by one of its top practitioners. Investments covered and evaluated include precious metals, commodities, US treasuries, currencies and cryptocurrencies, real estate, art, equity strategies, hedge funds, risk parity, CTAs, CDSs, VIX, and tail-hedging.
Synopsis
What is a safe haven? What role should they play in an investment portfolio? Do we use them only to seek shelter until the passing of financial storms? Or are they something more? Contrary to everything we know from modern financial theory, can higher returns actually come as a result of lowering risk?
In Safe Haven by hedge fund manager Mark Spitznagel, these questions and more are answered from the logical and unique perspective of one of the top practitioners of safe haven investing and risk mitigation in the world.