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Here’s how one ‘black swan’ investor is protecting his $5 billion fund against a market crash that ‘won’t be pretty’



Mark Spitznagel of Universa Investments is getting ready for the next big drop, but he says he’s fine if it never comes. See full story.

These cities are most vulnerable to shocks from WeWork’s woes (hint: not New York or San Francisco)

Cities most vulnerable to a pullback in the office-share craze sparked by the rise of WeWork aren’t New York and San Francisco, according to a new DBRS Morningstar report, even though the pair of coastal cities have the biggest U.S. flexible office-space footprints. See full story.

He shorted Tesla for his clients last month — obviously, it didn’t go very well

Betting against Tesla…


Tesla board member Larry Ellison will buy up to $1 million in offering

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