Spitznagel predicting the biggest market crash since 1929 — How you can prepare your portfolio if he’s right

Group 1 - The article discusses the perspective of Mark Spitznagel, who argues that diversification is not the ultimate solution for investors and emphasizes the importance of building a portfolio that can withstand market crashes [2][3] - Spitznagel highlights the current economic environment, citing high national debt and aggressive Federal Reserve rate hikes as contributors to what he describes as the "greatest credit bubble in human history" [2] - He predicts an 80% market crash in the future, asserting that the recent market correction is merely the beginning of a larger downturn [3] Group 2 - The article mentions the role of gold as a safe haven asset during market uncertainty, noting its historical performance as a hedge against inflation [5] - It discusses the potential of commercial real estate as a stable investment option, which has shown lower volatility and a low correlation to the S&P 500, with average returns of 10% over the past two decades [8] - Crowdfunding platforms are highlighted as a means for investors to access real estate markets without the burden of direct property management, allowing investments starting as low as $100 [11][12] Group 3 - The article points out that contemporary art has emerged as a unique investment opportunity, outperforming the S&P 500 with an annual return of 11.5% from 1995 to 2023 [14] - Masterworks is introduced as a platform that allows retail and accredited investors to invest in blue-chip art, providing access to exclusive shares in works by renowned artists [15]