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‘We let you down this month:' Read Leopold Aschenbrenner's letter to investors after his fund lost 67% this month
Biztoc.com·August 1, 2026·1 min read
AI Summary
Leopold Aschenbrenner addressed investors following a 67% loss this month in his AI-focused hedge fund. He emphasized that despite the setback, the situation is not hopeless and recovery efforts are ongoing.
From the source
It's not over. That's the main message from investing wunderkind turned cautionary tale Leopold Aschenbrenner to his backers. The letter comes after the high-flying, artificial-intelligence-focused hedge fund was forced to sell the bulk of its public equities…
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