RISK MITIGATION

Safe Haven Investing Series

Amor Fati (The Love of One's Fate)

More than ever, investors need to optimize risk by investing in such a way that, whatever happens, they can declare, as Nietzsche exhorts, “Thus I willed it!” What better statement is there of the function of risk mitigation to an investment portfolio?
  • Mark Spitznagel

Why Do People Still Invest in Hedge Funds?

The way to gauge hedge funds’ success is through the risk mitigation value they add to a portfolio. We need to gauge their “portfolio effect”; that is, whether or not they have raised the geometric mean returns of their end users’ entire portfolios by mitigating their systematic risk. This is all that really matters in risk mitigation.
  • Mark Spitznagel