@CryptoApprenti1 His publicly disclosed holdings were sold off in a package, while his private placements remained untouched—that's his real trump card. For retail investors, the real question isn't whether Leopold made a profit, but when will all the shares they bought in eventually change hands. He can hold on, his limited partners can hold on, but the retail investors who followed might not be able to.
@CryptoApprenti1 He's right. The fund used LPs' money to pay for its lessons and then walked away unscathed.
Retail investors who rushed in following his narrative are the ones who really got buried.
@CryptoApprenti1 What I truly admire about Leopold isn't just his insightful analysis of the AI field, but also his courage to go all in and his rational, clear-headed decision to cut losses when things get out of control. x.com/otmatm/status/2083527488…
@CryptoApprenti1 As for Liangxi's US stock trading, anyway, it was all her wife who lost money; she herself had no debt. She was just in a bad mood, but it was a lesson learned from her mistakes.
@CryptoApprenti1 From $200 million to $48 billion, after selling the whole thing, who knows how many billions would be left, but at least they'd still have $5 billion worth of Anthropic shares firmly in their hands. I really don't know what these people are laughing at.
@CryptoApprenti1 Leopold's fund has experienced ups and downs, and his publicly disclosed positions could have seen significant drawdowns, but his most crucial point is his marriage to Avital Balwit of Anthropic, one of the organization's core decision-makers. He has already pulled himself into the core ecosystem of the AI era, which is his most significant advantage. He has the resources and capital to create even greater momentum for his narrative. His strategic goals at every step are very clear.
original · zh
@CryptoApprenti1 Leopold 的基金起起落落，公开仓位可以巨幅回撤卖了，
可他最核心一点是娶了Anthropic的Avital Balwit，这是组织里核心决策层之一，
他已经把
自己拉进了AI时代节点的核心生态系统里，这是他最硬核的点，
他有条件和资本再给自己造更大叙事的势能。他每一步走的战略目标都非常明确。
@zhangjiafan11 Yes, this isn't a portfolio rebalancing, it's an exit. Non-interest-bearing stablecoins have no reason to stay compared to 5% government bonds.
@CryptoApprenti1 Fortunately, Leopold wasn't wiped out, the YTD return is still over 80%, A-shares are still held, and secondary market investments haven't been withdrawn... The conclusion is that a significant portion of the profits has been given back, but the game is still on the table, and there are still substantial chips to play.
@OtmAtm@CryptoApprenti1 Is it because of Company A's valuation that its year-to-date (YTD) is still 80%? Otherwise, wouldn't the margin warning be too early?
