The book mentioned in the article "Safe Haven" is a good listen. I have the audible version [0] and it covers a lot of counter-intuitive things. "Insurance" as

The book mentioned in the article "Safe Haven" is a good listen. I have the audible version [0] and it covers a lot of counter-intuitive things. "Insurance" as a portfolio return enhancer is a core lesson I learnt. Although Spitznagel doesn't tell what this insurance is, deep out-of-the-money put options come to mind. Keep in mind that you need the accompanying PDF to appreciate descriptions of graphs etc! [0] https://www.audible.in/pd/Safe-Haven-Audiobook/B09BDBLWP4 https://www.audible.in/pd/Safe-Haven-Audiobook/B09BDBLWP4