birth_place influences contributions image_size nationality name birth_date residence image article_title birth_name occupation
ann arbor , michigan frédéric bastiat , mahatma gandhi , ludwig von mises `` capital '' -lrb- wiley 2013 -rrb- roundabout investing '' , '' the dao of 400px american mark spitznagel 05 march 1971 michigan , florida -lrb- miami -rrb- markspitznagel.jpg mark spitznagel
 mark william spitz-nagel hedge fund manager kalamazoo college
mark spitznagel

mark spitznagel -lrb- born march 5 , 1971 -rrb- is an american investor , derivatives trader , author , and sustainable farmer .
spitznagel is known for his über-bearish `` austrian '' - based stock market investing and pioneering `` tail-hedging , '' and most notoriously for his hugely profitable billion dollar derivatives bet on the stock market crash of 2008 , as well as for having allegedly caused the stock market crash of 2010 .
he is considered `` one of wall street 's most bearish '' as well as `` biggest and boldest investors . ''
spitznagel is the founder , owner , and chief investment officer of the multi-billion dollar hedge fund management company universa investments , l.p. , based in miami , florida .
spitznagel reportedly has large chinese and middle eastern sovereign wealth funds among his investment partners , and he has since closed his funds to new investors .
prior to hedge fund manager , spitznagel has been an independent pit-trader at the chicago board of trade and the head of equity options in a secretive proprietary trading division of morgan stanley in new york -lrb- until they requested that he sign a stringent `` noncompete '' agreement -rrb- .
spitznagel has a graduate degree in mathematics from new york university and undergraduate from kalamazoo college in michigan .
spitznagel built a large farm in michigan , idyll farms , that pastures dairy goats and produces award-winning artisanal chèvre .
he is the author of the 2013 book `` the dao of capital '' , called by `` forbes '' magazine `` one of the most important books of the year , or any year for that matter . ''
spitznagel is senior economic advisor to the 2016 republican presidential campaign of u.s. senator rand paul .
