Last Updated on August 2, 2026 by stlplace
The biggest news for this week must be the blow up of “Situational Awareness” hedge fund blow up. I had a thread on X.com, and also I watched quite a few YT videos on the evening of 2026-07-30, as I was vacationing.
Martin Shkreli Breaks Down the Collapse of Situational Awareness
Leopold Aschenbrenner’s Situational Awareness Hit by AI Selloff
How Leopold Aschenbrenner Lost $45 Billion in 3 Days
AI investor Leopold Aschenbrenner forced to unwind all public stock positions: Sources
And I think the below articles are good too – How the ‘Nostradamus of AI’ failed to spot a market crash
Star AI investor Leopold Aschenbrenner is unwinding trades after steep losses
Leopold Aschenbrenner just learned Wall Street’s oldest lesson: Chart of the Day
My biggest take away here again is two folds: 1) Don’t use leverage or excessive leverage. 2) Don’t believe other people, no matter how intelligent they are, re: my own investments.
On other news front, my $MSFT did very well post earning report in the after-hours of Wednesday 2026-07-29, and I was able to unload about 80% of it.