5 pointsby sbulaev2 hours ago1 comment
  • mhaaseth2 hours ago
    Didn't actually melt down though, in his recent letter he states that his fund is still 80% profitable YTD. Here's the letter: https://x.com/tbpn/status/2083226453509030285?s=20
    • wjncan hour ago
      Can be true at the same time when dealing with high leverage and a growing fund. The YTD doesn’t make you more liquid or secure.