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But that's not what they want to see. They want to see that AI is a savior for all. The psychosis of what AI is, especially in these comment walls, is unfortun

But that's not what they want to see. They want to see that AI is a savior for all. The psychosis of what AI is, especially in these comment walls, is unfortunately and spectacularly real. Anyone who's done any amount of investment can see this through the lens of history and I'm right there with you. This is the Lehman Brothers stage of the game and SA could be that "one". But Bro, we're still up 80%! - even WSB isn't filled with this level of ignorance.

alyeska2 2mo ago
I don't understand what you're arguing here. A fund went up 400% by making a few highly leveraged, concentrated bets. The market moved against its leveraged positions and it was forced to quickly sell to a rival fund, at only an 80% profit. Nothing about that is meaningfully the same as Lehman Brothers other than the most superficial aspect of "A financial thing went down fast"
- windexh8er 2mo ago
  You made an account and this is your first comment? C'mon.
asats 2mo ago
Honestly I have no idea what you are even replying to. My comment was essentially "The fund bet big and lost, but don't read it as him going bankrupt" as I saw many people interpret it that way. I find the emotional charge in your message quite strange, and the "psychosis" might be you projecting something.
- windexh8er 2mo ago
  You said: "...but let's not miss this line." to the 80%. Strange you think that we should all interpret you as saying "he's not going bankrupt", but OK. Regardless, it's a scam fund built on sand. Sure, I am following this as everyone else is and my comment is rooted in the ignorance surrounding all of the cyclical financial engineering in broad daylight. This truly stems from the AI psychosis I reference and many industry stalwarts are pointing the finger in this direction as well. But I truly love your jab at the end, very classy. Yes, I am the psychotic one for thinking that all of the companies targeted in this fund are built on AI revenues that include a huge percentage of funds that they themselves have propped up via investments is rather telling. But hey, this is the world we live in: it's easier to lie and stand with the masses.

alyeska2 2mo ago

I don't understand what you're arguing here. A fund went up 400% by making a few highly leveraged, concentrated bets. The market moved against its leveraged positions and it was forced to quickly sell to a rival fund, at only an 80% profit. Nothing about that is meaningfully the same as Lehman Brothers other than the most superficial aspect of "A financial thing went down fast"

windexh8er 2mo ago
You made an account and this is your first comment? C'mon.

asats 2mo ago

Honestly I have no idea what you are even replying to. My comment was essentially "The fund bet big and lost, but don't read it as him going bankrupt" as I saw many people interpret it that way. I find the emotional charge in your message quite strange, and the "psychosis" might be you projecting something.

windexh8er 2mo ago
You said: "...but let's not miss this line." to the 80%. Strange you think that we should all interpret you as saying "he's not going bankrupt", but OK. Regardless, it's a scam fund built on sand. Sure, I am following this as everyone else is and my comment is rooted in the ignorance surrounding all of the cyclical financial engineering in broad daylight. This truly stems from the AI psychosis I reference and many industry stalwarts are pointing the finger in this direction as well. But I truly love your jab at the end, very classy. Yes, I am the psychotic one for thinking that all of the companies targeted in this fund are built on AI revenues that include a huge percentage of funds that they themselves have propped up via investments is rather telling. But hey, this is the world we live in: it's easier to lie and stand with the masses.