In the last few days, you may have heard about Leopold Aschenbrenner—the wonder kid hedge fund manager who lost tens of billions over the course of a few days. It’s the biggest financial fiasco of the year.
If you didn’t read about it in the news, don’t worry. Hollywood will certainly make it into a movie. This 25-year-old hot shot’s financial empire was literally collapsing while guests were showing up for his blowout wedding at a fake Tuscan villa in California. The screenplay practically writes itself.
Ted Gioia covers what I hadn’t seen before. This kid was an SBF wannabe.