In the current market environment, sometimes safe-haven assets aren’t guaranteed safe investments anymore. Universa Investments Founder and Chief Investment Officer Mark Spitznagel sits down with Yahoo Finance’s Head of News Myles Udland to discuss his investment philosophy emphasizing cost-effective save-haven strategies.
“Risk mitigation can end up being the costliest thing we do as investors,” Spitznagel explains on safe-haven assets. “We need to think of our safe havens as being cost-effective — which is something you don’t often hear used in the investing industry simply because risk mitigation typically is not affected, hardly ever is — and cost is usually a cure that is worse than the disease.”
Spitznagel calls Treasury yields “hopeful havens” while commenting on the bond market outlook amid the Fed’s higher for longer interest rates.
Click here to watch more from Yahoo Finance Invest.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Modern Monetary Theory and the delusions that support this mindset are what destroyed the U.S. economy. The most destructive force in the world was the financialization of the economy. We should pass a law extending the statute of limitations back to 2003 for another decade so the “safe havens” of trusts, credit default swaps, fees to bankers and financial service “professionals” can be clawed back and reduce the national debt.
Amen sister!
Good interview, certainly concerning. Thank you.