#tail-hedging

"Thus, the stock market tends to be about immediate bets (or expectations) on distant outcomes—yet all that matters to the bettors tend to…

Here's a simple way of protecting a stock portfolio against market risk using optimal, or least expensive, puts on SPY.

Taleb suggests investors ought to be “tail hedging” their portfolios as a result.

AQR is not aware that OTM options have \>\> fatter tails than underlying (+ one-tailed), hence hidden moment are substantial.

Portfolio returns are non-ergodic translated into plain English this means that the majority of investors will never get the often…

On Aug.

There’s a silver lining for bears getting destroyed by record U.S. stock prices and the relentless credit boom: Prepping for Armageddon…

This insurance requires a constant and expensive series of complex options bets.

The coronavirus pandemic has proved to be a terrific time for tail-risk hedging — the CBOE Eurekahedge Tail Risk Volatility Hedge Fund…

The stark reality: In a crisis, correlation goes to one, and everything moves in lockstep.

It’s not the frequency of correctness that matters – but rather the magnitude of correctness that does. . .

Extreme value theory or extreme value analysis (EVA) is a branch of statistics dealing with the extreme deviations from the median of…

Listening to investing practitioners and pundits talk, the lay person might get the impression that investing is a rational application of…

Against the herd: trader Mark Spitznagel on contrarian investing

Economist-mathematician Nassim Nicholas Taleb contends that there is a global riot against pseudo-experts After predicting the 2008…

It’s early April and from his farm perched atop a hill on the edge of Lake Michigan, hedge fund investor Mark Spitznagel is dodging the…

Hedge-funder Mark Spitznagel believes the central banks have created a monster they don’t know how to stop.

Apocalypse-now insurance Nassim Nicholas Taleb, the options trader turned polymath who introduced the financial world to the apocalyptic…

Since the question “when is the crash going to happen?” is always asked, we thought it particularly timely to update the research we have…

Why does everyone hate tail-risk hedgers?

Nassim Taleb explains how to invest in fragile and 'antifragile' economies The author of The Black Swan explains his latest 'antifragile'…

Websites List of websites where you can find content related to Nassim Nicholas Taleb

Bestselling author and Wall Street veteran Nassim Taleb on how to build an “antifragile” portfolio

You can't say Nassim Taleb didn't warn you: the outspoken academic-philosopher, best known for his prediction that six sigma "fat tail"…

Tail events are silent risks

At what price does safety come for investors? Cost of risk mitigation is often worse than the feared outcome

How many times have you heard the phrase: "Higher returns can only be achieved by taking higher risks."

Learn to seek understanding over data. Ask why a trend exists, who benefits from it, and what would cause it to break.

CBOE VIX Tail Hedge Index (VXTH)

Last week I shared an article on Twitter in which Nassim Taleb, of "Black Swan" fame, was asked, "What are the biggest risks out there…

As the name of our Tail Reaper program implies, it is designed to benefit from tail events.

Another Tail Risk Hedge Fund Had Eye-Popping March Returns

A form of protecting funds during a market crash, tail risk hedging ETFs also helped out many investors during 2020 and 2022.

But once you go through something like that, you realize that the tail-end consequences – the low-probability, high-impact events – are…

The “barbell” portfolio has long been considered an investment strategy.

Dec.

Uncertainty should not bother you.

The Q-Ratio is just the total value of the stock market (numerator) relative to the total net worth of the companies that comprise it…

Taleb runs Empirica Capital out of an anonymous, concrete office park somewhere in the woods outside Greenwich, Connecticut.

Afraid stock-market record highs will give way to a fall?

March 2020 was a rough month for hedge funds, with a dismal industry performance of negative eight point one two percent returns across…

‘Black Swan’ fund Universa made huge gains in February as markets swooned from coronavirus risk without making any assumptions about the…

The famous quadruple-digit returns that make headlines when a crisis hits aren’t everything they may seem.

Mark Spitznagel, the founder of hedge fund Universa Investments, is one of the most interesting figures in the world of hedge funds.

We all want higher returns with lower risk, but of course the two are seen as a trade‑off.

The strategies Empirica used were based around buying out of money call and put options.