Money Stuff
So, how’s the market?
The stock market finished up about 0.9 percent last week, down about 6.7 percent from its May high, but it’s about the journey, not the destination, and the journey left various people scarred or vindicated or clean-shaven. Mark Spitznagel’s Nassim-Taleb-associated, black-swan-oriented, S&P-500-put-buying Universa hedge fund made about a billion dollars last Monday, and I wonder if it gave up any of those gains as the market recovered […]