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6 points by sbulaev 8 hours ago | 3 comments

mhaaseth 8 hours ago [-]

Didn't actually melt down though, in his recent letter he states that his fund is still 80% profitable YTD. Here's the letter: https://x.com/tbpn/status/2083226453509030285?s=20

wjnc 7 hours ago [-]

Can be true at the same time when dealing with high leverage and a growing fund. The YTD doesn’t make you more liquid or secure.

cjbenedikt 3 hours ago [-]

If so why the fire sale to Citadel?

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