Man who made a billion on Black Monday in August says this is just the beginning for volatility

Posted on 19 September 2015 with no comments from readers

xx

Mark Spitznagel won’t confirm or deny the rumors that he made a billion dollars on Black Monday last month through effective hedging. He talks to Fox Business anchor Maria Bartiromo and says this is just the beginning for volatility to come.

How do you allocate capital is such an environment? Something like cash in the short run…