Lotta apt comparisons from financial history being made around Situational Awareness, but it also reminds me quite a bit of SoftBank's shortlived supernova of an internal hedge fund Northstar www.ft.com/content/197c...
SoftBank liquidates most of portfolio at ‘Nasdaq whale’ trading unitJapanese tech group’s shortlived SB Northstar fund had racked up $6bn to $7bn in losseswww.ft.com