POPA ReconLEOPOLD’S SITUATIONAL AWARENESS FUND BLOWUP: A TIMELINE
LEOPOLD’S SITUATIONAL AWARENESS FUND BLOWUP: A TIMELINE July 1 Situational Awareness Fund reaches $45B AUM, up 450% YTD. July 10 SK Hynix’s U.S. IPO marks the peak of the AI stock rally. July 10-20 AI stocks suffer a sharp correction, with many falling 30%+ in just two weeks. July 10-20 His short positions move against him, adding to the losses. He was notably short Adobe and several software stocks. July 24 He sends investors a letter calling the selloff a buying opportunity and asks for additional capital. July 27 Citadel Securities warns that the Fed could deliver a surprise rate hike…
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