This book "seeks to answer the question: what is the safest thing to invest your money in? Which investments can withstand a crash? Mark ultimately argues that an equity tail hedge is the one safe haven that is as good as--and even better than--gold. Mark will work through other areas that are typically considered safe, like farmland and real estate, before showing the reader how to align his/her portfolio to withstand a potential crash"--
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As today's preeminent doomsday investor Mark Spitznagel describes his Daoist and roundabout investment approach, “one gains by losing and loses by gaining.” This is Austrian Investing, an archetypal, counterintuitive, and proven approach, gleaned from the 150-year-old Austrian School of economics, that is both timeless and exceedingly timely. In The Dao of Capital, hedge fund manager and tail-hedging pioneer Mark Spitznagel—with one of the top returns on capital of the financial crisis, as well as over a career—takes us on a gripping, circuitous journey from the Chicago trading pits, over the coniferous boreal forests and canonical strategists from Warring States China to Napoleonic Europe to burgeoning industrial America, to the great economic thinkers of late 19th century Austria. We arrive at his central investment methodology of Austrian Investing, where victory comes not from waging the immediate decisive battle, but rather from the roundabout approach of seeking the intermediate positional advantage (what he calls shi), of aiming at the indirect means rather than directly at the ends. The monumental challenge is in seeing time differently, in a whole new intertemporal dimension, one that is so contrary to our wiring. Spitznagel is the first to condense the theories of Ludwig von Mises and his Austrian School of economics into a cohesive and—as Spitznagel has shown—highly effective investment methodology. From identifying the monetary distortions and non-randomness of stock market routs (Spitznagel's bread and butter) to scorned highly-productive assets, in Ron Paul's words from the foreword, Spitznagel “brings Austrian economics from the ivory tower to the investment portfolio.” The Dao of Capital provides a rare and accessible look through the lens of one of today's great investors to discover a profound harmony with the market process—a harmony that is so essential today.
- Basic Information: This is a set of two curtain panels, with each panel measuring 52 inches in width and 84 inches in length, ensuring maximum coverage of your windows. The 3-inch rod pocket is designed to fit most standard rods. The panels are thread trimmed and wrinkle-free, and both sides feature the same color for a classic look. - Multiple Hanging Options: Our curtains can be styled in different ways, including back loops, rod pockets, and with your own clip-rings, shower hooks, pin hooks, and pleat hooks. The long size curtains can satisfy your needs for various spaces, such as living rooms, bedrooms, patio sliding doors, theaters, high ceilings, attics, and more. - Room Darkening: Durable polyester fabric without liner. Blackout curtains to impede 85%-95% unwanted light and UV rays(Darker color curtains have better shading effect). - Privacy Assured & Thermal Insulated: Thanks to the innovative triple weave fabric, our curtains help maximize privacy and reduce noise. They create a completely private space that belongs to you. The Thermal Insulated Curtains also balance room temperature, which is especially important in winter and summer. - Easy Care: Machine washable in cold water. Quick ironing or steam clean when needed. Low temperature ironing. In DUALIFE Store, we also have Grommet curtains in the same color fabric for you to choose.
Size Name: W 52" x L 84" (2 Panels) Colour Name: Black
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Cor: Azul Claro (Dêlave)
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Cor: Azul Marinho
- Molas ensacadas individualmente: As molas se adaptam individualmente ao peso e movimento do corpo, garantindo estabilidade e absorvendo movimentos. Ou seja, quando um se mexe o outro não sente. E proporciona a sustentação do seu peso, alinhando a sua coluna. - Pillow top: Uma grande camada de Espuma Max Flowing, D-28. Macia e muito confortável, você sentira seu corpo se moldar ao colchão, proporcionando um sono restaurador. - Suporte de Peso: Até 120 kg por pessoa. - Nível de Conforto: Intermediário. - Tecido: Malha Premium, ultra macia com bordado em matelasssê
Tamanho: Casal
- Organização que Facilita sua Rotina: Visualize melhor suas roupas, ganhe tempo e mantenha tudo no lugar com praticidade. - Espaço Otimizado com Versatilidade: Design eficiente e modelos que acomodam várias peças. - Roupas Bem Cuidadas, por Mais Tempo: Evite amassados e desgastes. Preserve suas peças com o suporte ideal. - Resistência e Sustentabilidade: Feitos com materiais duráveis e reutilizáveis. Uma escolha ecológica e de longa vida útil. - Praticidade e Custo-Benefício: Leves, fáceis de manusear, e ótimo custo-benefício. Tudo pensado para você!
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Color: Silver, Black, Gold Tamaño: 2.5 x