​36 South’s Jerry Haworth: Every Ten Standard Deviation Event Starts Life At Two

The recent global equities downturn following the U.K. electorate’s decision to vote Brexit in the European Union referendum last week is yet another example of the market following a very similar pattern to that of 2007/2008, according to Jerry Haworth, principal and CEO of 36 South Capital Advisors. He noted that the fund is sticking with its tried and tested monetizing strategy as complacency in long-dated volatility persists despite recent downward spot pressure.