Empirica Capital LLC was a hedge fund founded in 1999 by Nassim Nicholas Taleb in partnership with Mark Spitznagel, that used Taleb's black swan strategy.[1][2][3][4] The firm closed in 2005.[5][4]: 157
The investment strategy of the fund has been explained in a New Yorker article.[6] One of Empirica's funds, Empirica Kurtosis LLC, was reported to have made a 56.86% return in 2000 followed by returns of -8.39% in 2001, -13.81% in 2002, and -3.92% in 2003, according to an investor letter.[7][8]
Taleb has stated that he shut down Empirica LLC, in 2005 to become a "writer and a scholar".[3][9][10] At the time he also "feared he might have a recurrence of throat cancer."[9][11]
In 2007 Spitznagel founded the firm Universa Investments L.P. with Taleb as an adviser using black swan portfolio hedging strategies similar to Empirica's.[10][12]
^Taleb, Nassim Nicholas (2007), "The Black Swan: The Impact of the Highly Improbable", Random House and Penguin, New York, ISBN 978-1-4000-6351-2
^Harrington, Shannon D. (July 19, 2010). "Pimco Sells Black Swan Protection as Wall Street Markets Fear". Bloomberg. Retrieved 2010-10-01.
^ ab"Mr. Volatility and the Swan", The Wall Street Journal, July 13, 2007, retrieved January 5, 2016
^ abHubbard, Douglas W. (April 2009). The Failure of Risk Management: Why It's Broken and How to Fix It. Wiley. p. 304. ISBN 978-0-470-38795-5.
EmpiricaCapital LLC was a hedge fund founded in 1999 by Nassim Nicholas Taleb in partnership with Mark Spitznagel, that used Taleb's black swan strategy...
Nicholas Taleb acting as its advisor. The two of them previously ran EmpiricaCapital, a hedge fund that closed in 2004 due to subpar returns. Universa was...
investor and backer of new hedge funds such as Nassim Nicholas Taleb's EmpiricaCapital and David Shaw's D.E. Shaw & Co. In 2009, Paloma Partners backed LMR...
option market maker on the Chicago Mercantile Exchange and founder of EmpiricaCapital. Taleb reportedly became financially independent after the crash of...
Nicholas Taleb (who was Spitznagel's professor at NYU) established the EmpiricaCapital “tail-hedging” fund. In 2007, Spitznagel founded the hedge fund Universa...
Pasinetti, L. [1988], "Technical Progress and International Trade", in Empirica, vol.15, pp. 139–147. Pasinetti, L. [1989], "Ricardian Debt/Taxation Equivalence...
TransUnion (formerly ITC) offer the Empirica Score which is, as of mid-2010, in its 4th generation. The Empirica score is segmented into two suites: the...
20–21. • _____, 1996. "The Economics of Information: An Exposition," Empirica, 23(2), pp. 119–128. • _____, 1984. Collected Papers of Kenneth J. Arrow...
20–21. • _____, 1996. "The Economics of Information: An Exposition," Empirica, 23(2), pp. 119–128. • _____, 1984. Collected Papers of Kenneth J. Arrow...
Brito (21 June 2021). "Complejo de Guacanagarix y selección adversa". Empírica (in Spanish). "Annual Report 1999/2000" (PDF). NZ On Air. 2000. Archived...
edición, 1986). "El secreto de la acumulación originaria de capital: una aproximación empírica", en Revista de la Universidad Nacional de Colombia, No. 7...
indifferenti problemi della scuola, sempre affrontati in Sardegna in torma empirica, appaiono oggi assai particolari e non risolvibili in un generico quadro...
of East-West trade potentials based on cross-section gravity analyses? Empirica, 26(2), pp. 81–94. Egger, H., Egger, P., Greenaway, D. (2008). The trade...
composed solely of ideas. 1732 – Christian Wolff published Psychologia Empirica, followed in 1734 by Psychologia Rationalis, popularizing the term "psychology"...
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