Hook

Their other posts in the index, biggest breakout first.
The $45 billion dollar hedge fund Situational Awareness was just liquidated on its entire stock portfolio in one day and the reason will absolutely shock you. Let me explain. The founder Leopold Aschenbrenner used to work for OpenAI and built the fund when he was just 22. And the fund had 439% returns in just the first half of 2022 with a crazy strategy. They were essentially buying AI infrastructure stocks using X positions. Some of Leopold Aschenbrenner's Situational Awareness holdings are down more than 50% month-to-date. Stocks in the portfolio were going up like 100% in just a few months. But then there was a massive crash. These 50% just alone in July alone. Because the firm was so heavily leveraged, they got margin calls from JP Morgan and Goldman Sachs and had to eventually sell its entire stock portfolio to Citadel. This worse same 25% in