Wealth

Hedge fund star Mark Spitznagel leveraged his investing edge to build a goat farm that produces award-winning cheese. He gave us a tour, and explained what modern agriculture teaches about the market's fragility.


It’s mid-October and prime hunting season in Northport, Michigan, a small village perched on the edge of Lake Michigan, and the childhood home of Mark Spitznagel. Spitznagel is taking in the view of his house across the Northport Bay and patting about a dozen goats as they rub their heads and necks …

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