When Markets Melt Down, These Traders Cash In

Mark Spitznagel and Nassim Nicholas Taleb devised ways to reap huge profits from global chaos—and they expect a lot of chaos in the years ahead

Photo-illustration by Alexandra Citrin-Safadi/The Wall Street Journal; Photos: Peter Morgan/Associated Press, Nassim Nicholas Taleb

As investors fretted about the possibility that the White House and Republican lawmakers would fail to raise the debt ceiling, one $20 billion firm wasn’t concerned about the potential stock-market mayhem. 

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