economy

Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’

Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

TL;DR

  • Leopold Aschenbrenner, manager of AI hedge fund Situational Awareness, reported a 67% loss in July.
  • He described the losses as 'very expensive scars' to investors.
  • Aschenbrenner intends to learn from this experience and continue operating.