Leopold Aschenbrenner sold his entire public book to Citadel after margin calls took Situational Awareness from $45 bil…
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Leopold Aschenbrenner sold his entire public book to Citadel after margin calls took Situational Awareness from $45 billion to about $10 billion. He got married the same weekend. Six days later he wired $400 million into a private company — on top of $100 million he’d put in the month before. Alfred Lin confirmed it on Bloomberg TV while doing press for Sequoia’s new $10 billion fund. He was wrong about leverage. He was running up to 400% of it. He was not wrong about the trade, and he held…
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