'Black swan' funds gained a record 57%, profited from market meltdown - Business Insider

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'Black swan' funds gained a record 57%, profited from market meltdown - Business Insider
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'The virus is popping the bubble': 'Black swan' funds scored a record 57% gain after profiting from the market meltdown

"Black swan" funds are up a record 57% this year after profiting from the market meltdown,Universa Investments, which is advised by "The Black Swan" author Nassim Taleb and run by his protégé, Mark Spitznagel,"Markets were priced for perfection, but all of a sudden the world lost its veil of perfection," SpitznagelThe eight funds in the CBOE Eurekahedge index are down by an average of 24% over the past eight years.

Universa Investments — advised by "The Black Swan" author Nassim Taleb and run by his protégé, Mark Spitznagel —

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