| ▲ | Leopold Aschenbrenner Built a Hot A.I. Hedge Fund. Then It Melted Down(nytimes.com) |
| 6 points by sbulaev 9 hours ago | 3 comments |
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| ▲ | mhaaseth 9 hours ago | parent [-] |
| Didn't actually melt down though, in his recent letter he states that his fund is still 80% profitable YTD. Here's the letter: https://x.com/tbpn/status/2083226453509030285?s=20 |
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| ▲ | wjnc 8 hours ago | parent | next [-] | | Can be true at the same time when dealing with high leverage and a growing fund. The YTD doesn’t make you more liquid or secure. | |
| ▲ | cjbenedikt 5 hours ago | parent | prev [-] | | If so why the fire sale to Citadel? |
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