There's a lot of stupid commentary around Leopold raising funds. After names like $Bloom Energy(BE.US), $Sandisk(SNDK.US), $SharonAI(SHAZ.US), and others all had very sharp drawdowns in July.
Just remember... here's a man in finance that's1. 6'52. Blue Eyes3. Hedge FundProbably better looking than you, and was up 439% through June YTD. Regarding the drawdown, Aschenbrenner acknowledged that the fund had "not been immune" to the market turmoil, particularly in Asia. FT separately reported that leverage amplified both its extraordinary gains and recent losses.He described the sell-off as potentially the best buying opportunity since early 2025I'd agree with him and hope he succeeds with the raise.Since a lot of the current selloff looks like it overshot its mark through forced deleveraging.The copyright of this article belongs to the original author/organization.
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