Last week, Leopold Aschenbrenner's letter to investors said that despite a 67% decline in July, Situational Awareness is still up 80% YTD. The fund has taken steps to stop the decline and preserve fund assets. The fund has survived to see another day.
However, based on what I've read in different articles, it doesn't compute. For example, one article described the fall from $45B to $10B which is greater than 67%. I guess there must be other funds besides Situational Awareness in this decline.
Oh well, I expect more details will be share in the coming weeks or months.
This is not financial, stock investment, margin, short/long strategy, nor investment advice. Please consult a professional advisor.
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