A 25 year old just turned $225 million into $5.5 billion in 12 months.
Here’s exactly what he bought.
Leopold Aschenbrenner got fired from OpenAI in April 2024.
He spent the next few months writing a 165-page thesis predicting AGI by 2027.
Then he launched a fund and put his money where his thesis was.
He bought zero Nvidia. Zero Microsoft. Zero Google. Zero Amazon.
He bought what AI actually runs on.
Bloom Energy (BE), power infrastructure for data centers. Up 1,422% in one year.
Lumentum (LITE), optical components that move data between chips. Up 1,331%.
Sandisk (SNDK), storage. Up 3,130%.
CoreWeave (CRWV), GPU cloud infrastructure. Up 166%.
Iris Energy (IREN), AI computing and data centers. Up 583%.
The thesis was simple: every AI company needs energy, bandwidth, storage, and compute.
Nobody was buying those. Everyone was buying the AI companies themselves.
He was right.
His fund now manages $6 billion. Backed by Patrick and John Collison of Stripe and former GitHub CEO Nat Friedman.
I’m adding this to my watchlist.
Every time he files a new 13F, we will break it down here.
Turn on notifications so you don’t miss the alert, this is VERY important.
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🚨🚨 BREAKING: 30 FORMER OBAMA ADMINISTRATION OFFICIALS have reportedly been interviewed by the FBI and are cooperating with The US Attorney’s Office to build the seditious conspiracy case against former President Barack Obama in exchange for immunity from prosecution. This is why Obama’s own people have been publicly speaking out against him and the Obamas recently purchased a home in and moved a large chunk of their assets to The UK. They know that the walls are closing in. United States of America vs. Barack Hussein Obama is going to be the TRIAL OF THE CENTURY.
In my crypto trading career, I've made a ton of mistakes. Some had little impact. But, there's one unforgivable investing error that leads to complete ruin...
Let's break it down🧵👇