Investors in Situational Awareness deserved to lose their shirts
1–10 of 72 posts
Re: Investors in Situational Awareness deserved to lose their shirts
#2Re: Investors in Situational Awareness deserved to lose their shirts
#3Read the bio. Found it (emphasis mine):
> While at Columbia, he co-founded the university's effective altruism (EA) chapter.[5]
Just another smart, yet ethically challenged, individual. Nothing to see here.
Re: Investors in Situational Awareness deserved to lose their shirts
#4Read the bio. Found it (emphasis mine): > While at Columbia, he co-founded the university's effective altruism (EA) chapter.[5] Just another smart, yet ethically challenged, individual. Nothing to see here.
How is he ethically challenged? This looks like an accusation that doesn't have merit
Re: Investors in Situational Awareness deserved to lose their shirts
#5> He reported returns of 439% for the first half of 2026
> which posted a loss of 67% in July
So it's still up 44% this year? The article notes this, but seems unnecessarily adversarial against an investor who is still wildly successful.
Re: Investors in Situational Awareness deserved to lose their shirts
#6Read the bio. Found it (emphasis mine): > While at Columbia, he co-founded the university's effective altruism (EA) chapter.[5] Just another smart, yet ethically challenged, individual. Nothing to see here.
How is he ethically challenged? This looks like an accusation that doesn't have merit
As per the article, he formed a trading company without any background in investing, and once his investments tanked, he sold the stocks for pennies on the dollar to a financial firm, leaving investors holding the bag while pocketing trading fees associated with a $45B USD portfolio.
Re: Investors in Situational Awareness deserved to lose their shirts
#7> He reported returns of 439% for the first half of 2026 > which posted a loss of 67% in July So it's still up 44% this year? The article notes this, but seems unnecessarily adversarial against an investor who is still wildly successful.
The same goes for all reporting on YouTube. Many publishers jumpers the gun without looking at context.
It's also interesting that Citadel is mentioned everywhere as the buyer, as if it's strange that a huge market maker firm would be involved in a large forced sale.
Seems the fund also has Anthropic shares, so it's not like their entire portfolio got margin called.
Re: Investors in Situational Awareness deserved to lose their shirts
#8Earlier quoted context omitted.
How is he ethically challenged? This looks like an accusation that doesn't have merit
As per the article, he formed a trading company without any background in investing, and once his investments tanked, he sold the stocks for pennies on the dollar to a financial firm, leaving investors holding the bag while pocketing trading fees associated with a $45B USD portfolio.
bad ethics is when you run a company in free market transparently and don't have a monotonically increasing revenue?
Re: Investors in Situational Awareness deserved to lose their shirts
#9Earlier quoted context omitted.
How is he ethically challenged? This looks like an accusation that doesn't have merit
As per the article, he formed a trading company without any background in investing, and once his investments tanked, he sold the stocks for pennies on the dollar to a financial firm, leaving investors holding the bag while pocketing trading fees associated with a $45B USD portfolio.
How is effective altruism related? I skimmed their wiki page [1], but didn't find anything endorsing such actions.
Re: Investors in Situational Awareness deserved to lose their shirts
#10> He reported returns of 439% for the first half of 2026 > which posted a loss of 67% in July So it's still up 44% this year? The article notes this, but seems unnecessarily adversarial against an investor who is still wildly successful.
From everything I read it seems that they're only up on the Anthropic stock and that doesn't account for newer clients who invested later.