L.A. Hedgie To Host Ron Paul Fundraiser

Mar 5 2012 | 8:50am ET

What do you serve a libertarian for dinner? Hedge fund manager Mark Spitznagel has until March 20th to figure it out—that’s when he’ll host a $2,500-per-plate fundraising dinner for U.S. presidential candidate Ron Paul.

Spitznagel, the founder and CIO of Universa Investments, will host the dinner at his Los Angeles home, according to TheWrap.

Paul’s fellow speaker at the event will be Nassim Taleb, author of “The Black Swan: The Impact of the Highly Improbable,” a book which has had a strong influence on Spitznagel’s investment strategies. Spitznagel, known for his value- and derivatives-based stock market investing, made a killing during the 2008 financial crisis, having essentially bet on the crash.

Despite the Tinseltown venue, the guest list includes no film industry figures, according to TheWrap. The same was true of Paul rival Mitt Romney, who has raised $1 million in Beverly Hills, the bulk of it from investment fund sources. Romney will hold another L.A. fundraiser on March 27.

President Barak Obama raised $4 million in February at a star-studded Holmby Hills fundraiser at the home of soap opera producer Bradley Bell. The event was co-hosted by actor Will Ferrell and his wife.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note