POPA ReconTBPN shared Leopold Aschenbrenner's LP letter
TBPN shared Leopold Aschenbrenner's LP letter Fund took a brutal -67% MTD hit in July after AI names crashed hard and their long/short book reversed violently, forcing an emergency block trade to wipe out all leverage and shorts just to protect capital. YTD still sits at +80%, the hybrid public-private structure continues (now fully paid-for), and he owns the near-miss completely while staying bullish that the underlying AI opportunity has only gotten better. Source
The excerpt is quoted from a public Telegram channel, which owns its text.