Black Swan Fund Bets on Hyperinflation

Wednesday, June 3, 2009 10:41 AM

By: Dan Weil

Universa Investments, a hedge fund manager known for its ties to contrarian investor Nassim Taleb, is opening a fund to benefit from a surge in inflation, The Wall Street Journal reports.

The fund is betting that massive fiscal and monetary stimulus around the globe will lead to huge price increases.

Taleb, the bearish guru who authored “The Black Swan,â€