Learn from this!
Leopold Aschenbrenner, (Situational Awareness) went from the GOAT to a joke in record time on the markets. 250k to 24B then liquidated. I wish I knew him to warn him. I did that when I was new during the .com bubble to smaller scale. Why the F did no one warn him about leverage? The greedy get slaughterd. He was never wrong, just too greedy with leverage. AGI is not dead, it's 1999 in relation to .com. I am an options trader, risk management is crutial. Knowing you are wrong and getting out of a trade is #1 priority. His issue was buying stocks that already ran in the last quarter. A few of his big trades in the last month had me thinking WTF would you do that for. He's a very smart guy, but not a wallstreet guy. Any firm could make a fortune with his knowledge, because the firm would understand the trading aspect of each chart.