Safe Haven

Investing for Financial Storms

By: Mark Spitznagel

Narrated by: Fred Berman

What is a safe haven?

What role should they play in an investment portfolio? Do we use them only to seek shelter until the passing of financial storms? Or are they something more? Contrary to everything we know from modern financial theory, can higher returns actually come as a result of lowering risk? In Safe Haven, hedge fund manager Mark Spitznagel - one of the top practitioners of safe haven investing and portfolio risk mitigation in the world - answers these questions and more. Investors who heed the message in this book will never look at risk mitigation the same way again.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2021 Mark Spitznagel (P)2021 Audible, Inc.

Fascinating concepts for reducing risk while increasing returns, but without practical application e xamples

He should be able to summarize this book in one page of narrative and leave the rest of the charts and graphs to prove it if you want to bother to follow his mathematical solutions

Excellent book

I loved it.
Every investor should have this one.
Demons, Dices, Treasures, Gold, Multiverse, amor Fati.

Nice Book with good ideas.Narrator Ok

A very thought provoking book with novel ideas Good explanation of concepts and mathematics.

A little short on finding the proper tools for mitigating risk. I am assuming one needs to understand options— most likely buying out of the money puts on the SP500.

The real art is price these option to minimize the cost and maximize return.

I found the narrator voice sightly rushed and pushed. A mellow, calm voice or the authors voice may be better

Ego Ego Ego

Just weird and pretty much unhelpful. Someone who likely isn’t all that smart going out of their way to sound smart. Why bother. Just an odd book with little that is practical.

I would read Fortune's Formula first

I think some major parts of this story are introduced more accessibly, systematically and clearly in Poundstone's book Fortune's Formula. This is a nice follow-up though, in my eyes, with more development of, and branching from, that line of thinking. It is, like The Dao of Capital by this author, very elliptical, not direct, a sort of opener to various lines of thinking.