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Later on he bought money manager Emerging Market Management.
As an old friend of mine who is a money management marketer told me the other day, "A money manager without money is not a money manager".
"Money," Manager Art Howe said.
Now, rationally, why would a money manager do that?
Still, Mr. Spitznagel's approach is unusual for a money manager.
He may well have fancied himself a brilliant money manager.
"I love being a money manager," he said.
The money manager has experienced his share of difficulties.
supremo himself rather than a fabulously wealthy money manager.
He is a third-generation Los Angeles money manager.
"That trade was profitable," this money manager said.
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