Last but not least: Boy Wunder “New Warren Buffett” Aschenbrenner. The most recent archetype of market folly! It's rather perplexing how an inexperienced 24-year-old was even elevated to a hedge fund principal to begin with. His proximity to Sam Bankman-Fried, and to the very controversial Sam Altman as well as his intimate relationships with Anthropic's Chief of Staff should have raised eyebrows.
Eyebrows,I did raise! Not so much because of Leopold Aschenbrenner’s ties to Silicon Valley’s elites, but because of serious qualitative and quantitative valuation concerns. The vast majority of Aschenbrenner’s stocks are (his fund has been co-opted by Ken Griffin’s at Citadel) mediocre perennial hype-cycle riders (Bloom Energy), zombified AI infrastructure pivots (WhiteFiber), and unprofitable insiders’ stock-dumping schemes (Coreweave).
Although young “King” Leopold's story ended abruptly on his wedding day, his stock portfolio selection has not been wiped off the map. In fact, in some corners of the market, investors view the recent mini-crash as buying opportunity. This is utterly reckless!
Good old Warren must be laughing at the utter foolishness once again. These “actors” were prompted by certain media to replace his buy-and-hold and don’t-borrow “boring” strategy over three decades. All of them have eaten dust; one has vanished from the scene, retired. The lady is now a laughingstock to her former followers, and a young man has just learned a brutal lesson on the pitfalls of uber-leverage.
Finally, I believe the wider public must carefully reassess the fundamental value of these AI-related securities in light of global trends and risks. The 'AI infrastructure theme has hit a critical juncture, and the failure of 'SITUATIONAL UNAWARENESS' could be a major market top signal that may potentially trigger a significant downturn in the near future... KABOOM!!!!
