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Leopold Aschenbrenner was seen as the next great investor after posting generational returns in a single year. But the other day his fund lost an estimated $35 billion of investor money. What happened?
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*TIMESTAMPS*
0:00 – Intro
0:40 – Leopold writes an essay and raises $225 million
1:34 – His fund outperformed everyone
2:48 – The fund gets hit hard
3:50 – News began to spread about Leopold’s troubles
5:43 – He tries to sell his private Anthropic stake
6:57 – Humiliating to experience this rapid rise & fall
7:43 – Who was the buyer of his liquidation
8:51 – Anthropic, SBF, and his connection with FTX
10:03 – Risk management?
11:13 – Did his investors lose 100%?
Credit to : Spencer Cornelia
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