Overview

• Mark Spitznagel, a prominent investor and founder of Universa Investments, forecasts an 80% stock market crash but describes the current decline as a precursor, not the main event.
• He characterizes the recent market downturn as a 'trap' designed to shake out weaker investors before a larger collapse occurs.
• The recent selloff follows sweeping tariffs implemented by President Donald Trump, which have intensified market instability.
• Spitznagel's 'Black Swan' strategy, designed to profit from rare and extreme market events, informs his contrarian outlook and long-term warnings.
• He has consistently cautioned investors to prepare for significant downturns, likening the current market conditions to the bursting of the largest bubble in history.