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Profiting by going against bullish market

Hedge fund Universa Investments has been set up to make money in an economic and financial collapse

New York

THE stock market has been rising for years, hitting new highs almost every week. So how is it that one of Wall Street's most bearish investors can claim to have profited strongly over this period?

Universa Investments, a hedge fund founded by Mark Spitznagel, is one of the...

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