Most Hedgefunds did a terrible job in March of protecting assets, & most of the few winners did only OK. One exception.
UNIVERSA (tail risk)
Founded, 2007, Mark Spitznagel
AUM: ~$4.4 bn.
MARCH RETURN: 3,612%!
Congratulations Mark, UNIVERSA! @nntaleb!
https://www.bloomberg.com/news/features/2020-05-19/these-hedge-funds-beat-the-coronavirus-driven-market-collapse?cmpid=BBD051920_OUS&utm_medium=email&utm_source=newsletter&utm_term=200519&utm_campaign=openamericas …pic.twitter.com/OZYRIzvvKA