--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/43266979.md" description: "History always repeats itself in astonishing ways.I went through all those genius traders who have been mythologized.In 2006, Brian Hunter, 32 years old, with a Master's degree in Mathematics, ranked 29th globally in *The Trader Magazine*.In the first four months, he made $2 billion for the firm.By September, when his gains reached $3 billion, half a month later, he lost $6.6 billion, and the fund collapsed.In 2021, Bill Hwang, a disciple of Tiger Global Management, achieved an annualized return of over 40%, earning the nickname "God's Hand."Within a year, his personal wealth surged from $1.5 billion to $36 billion.With 5x leverage. Two days later, it hit zero.In 2022, SBF, 30 years old, graduated from MIT, with a net worth of $26 billion. The media called him "the next Warren Buffett."Only two months after FTX launched, he had engineers write a line of code that allowed his fund to withdraw unlimited funds from client accounts.But that AI company he invested in, if held until today, would be worth $80 billion.Meanwhile, the FTX he risked everything to save had a peak valuation of only $32 billion. He ended up in prison.In 2026, Leopold, 19 years old, graduated first from Columbia University and left OpenAI to start his own business.The fund grew from $225 million to $45 billion, increasing 200 times in eighteen months, with a first-half return of 439%. Four times leverage.Then three investment banks simultaneously issued margin calls, and the ledger was sold off to Citadel in the morning.SBF's defense in court was: I didn't do it on purpose; risk control wasn't done well, and market volatility was too high.Do you think you are that exception? $NASDAQ Composite Index(.IXIC.US)" datetime: "2026-08-07T09:36:52.000Z" locales: - [en](https://longbridge.com/en/topics/43266979.md) - [zh-CN](https://longbridge.com/zh-CN/topics/43266979.md) - [zh-HK](https://longbridge.com/zh-HK/topics/43266979.md) author: "[OrenStudio](https://longbridge.com/en/profiles/26394880.md)" --- # History always repeats itself in astonishing ways.… ### Related Stocks - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)