Mark Spitznagel Exposes Modern Portfolio Management’s “Volatility Tax”

https://www.zerohedge.com/news/2018-02-07/mark-spitznagel-exposes-modern-portfolios-volatility-tax

SEE:

Taleb and Spitznagel were partners:

Nassim Taleb’s Fund Made $1 Billion On Monday; This Is How The Other “Hedge” Funds Did

Two Brilliant Minds At Work: Mark Spitznagel And Nassim Taleb Discuss Inequality, Free Markets And Central Bank Enabled Crashes

Spitznagel on Austrian Economics-Inspired Investing

Book: The Dao of Capital: Austrian Investing in a Distorted World, by Mark Spitznagel

Spitznagel: Markets “just reflect whatever central planners want them to”