The media framing and X reactions around Leopold are egregious.
Framing his successful multi-year thesis from $SNDK to $BE as a "collapse" or "failure".
After July's surprising crash, then personally attacking him on top is just pathetic to witness.
It's almost like everyone is cheering for the downfall of others.
Yes, July's crash exposed problems with SA’s leverage, liquidity management, and hedging.
But his current YTD performance remains +80%, ranking among the best performing hedge funds. And he still has public equities after all this (just removed leverage).
I think he's doing something unique while being successful at it. And this draws the envy of others.
@tanpukunokami If Muslims move to countries knowing the cultures don't align, why do they try to change the host culture after they arrive? What's the point? Nobody is forcing you to eat pork or not pray. Then why the fuck they force other to give up their own culture for their convenience?