Saturday, January 3, 2015

Billionaire Mark Spitznagel Explains How To Make A Fortune (Or Go Broke)


It’s a new year, and a new opportunity to get rich. Or at least start making better financial choices.
But where to begin? You could seek guidance from your uncle, who swears he has investing ideas that could make you a small fortune. You could watch that Mad Money CNBC show, where Jim Cramer smashes red buttons and pretends he has any idea what he’s talking about. You could find a broker who hopefully isn’t a crook, or a penny stock investment guru who hopefully isn’t full of shit. Or you could skip the middlemen and just ask a billionaire.
Let’s try the billionaire approach.
Mark Spitznagel is the founder of Universa Investments, a Miami-based hedge fund that specializes in profiting from stock market crashes.
We asked Spitznagel the questions you want to know. We also asked him the questions you didn’t know you wanted to know, but you really should know if you’re serious about making a lot of money in 2015. And of course, we asked him at least one question about the likelihood that we’d ever own a private island, because how cool would that be?
What’s the easiest, fastest way to get rich in 2015?
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