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Safe haven : investing for financial storms / Mark Spitznagel.

O'Reilly Online Learning: Academic/Public Library Edition Available online

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Format:
Book
Author/Creator:
Spitznagel, Mark, 1971- author.
Language:
English
Subjects (All):
Investments.
Portfolio management.
Financial crises.
Physical Description:
1 online resource (243 pages)
Place of Publication:
Hoboken, New Jersey : John Wiley & Sons, [2021]
Summary:
"Safe Haven Investing seeks to answer the question: what is the safest thing to invest your money in? Which investments can withstand a crash? Mark ultimately argues that an equity tail hedge is the one safe haven that is as good as--and even better than--gold. Mark will work through other areas that are typically considered safe, like farmland and real estate, before showing the reader how to align his/her portfolio to withstand a potential crash. Topics covered include: What is a safe haven investment and how do they fit in a portfolio? Silver and gold ; Real Estate, Art, & Farmland ; Dividends & Hedge Funds ; Derivatives & Tail Hedging ; What you, as an investor, should ultimately do"-- Provided by publisher.
Contents:
Cover
Title Page
Copyright Page
Contents
Foreword
Santa Marina
SPITZ
MUTUA MULI
Cost-Effective Risk Mitigation
Part One What Comes First
Chapter 1 At War with Luck
Written in Blood
Probing Bets
What's a Safe Haven?
The Great Dilemma
First Principles
Modus Tollens
Deductive Dice
Chapter 2 Nature's Admonition
The Swiss Family Bernoulli
The Saint Petersburg Paradox
Emolumentum Medium
The Geometric Average
The Other Saint Petersburg Paradox
Concavity of Curve
The Logarithmic Rhine Falls
3 The Eternal Return
An Existential Imperative
Into the Multiverse
Dice with Schrödinger's Demon (N =∞)
Dice with Nietzsche's Demon (N = 1)
The Hustle of Non-Ergodicity
Magic Trick or Math Trick?
Side Bets
A Glimpse of Treasure
Part Two What Comes After
Chapter 4 A Taxonomy
Essentialism
More Different Than Alike
Phenotypes
Risk-Mitigation Irony
Imposters
The Dogma of Diversification
Inductive Dice
Chapter 5 Holism
The Cuckoo in the Clock
Keeping Both Eyes
Clinical Trials
The Cost-and-Effect Relationship
Reshuffling
Agnosticism
Offensive Defense
A Narrow, Broken Window Frame
Looking Down the Track
The Great Pirates
Chapter 6 Bold Conjectures
Epistemology
Neptune or Vulcan?
Cash Is King
Go with the Flow
All That Glitters
The Safe Haven Frontier
Whistling Past the Graveyard
Afterword
Acknowledgments
Index
EULA.
Notes:
Includes index.
Description based on print version record.
ISBN:
9781119402510
1119402514
9781119402527
1119402522
OCLC:
1263870495

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