Why Smart People Take Dumb Money Risks
from The Tech Money Podcast Hosted by Malcolm Ethridge and Ricky Mulvey
A 24-year-old hedge fund manager said he had more "situational awareness" than anyone on Wall Street. Then his leveraged bets on memory chipmakers blew up, forcing a fire sale to Ken Griffin. Wall Street is pretty smart. Ricky Mulvey and Malcolm Ethridge discuss: - How Leopold Aschenbrenner's AI manifesto and multi-billion-dollar hedge fund imploded within months, and what it says about ego. - South Korea's leveraged ETF boom, and what a 30% single-day swing in SK Hynix says about the stock market. - What free solo climber Dean Potter's story (via HBO's The Dark Wizard) reveals about risk tolerance vs. risk capacity. - Why AI chatbots are quietly rewriting the dating game, and what a Bloomberg story on "chat phishing" says about how people communicate now. Want to contact us? [email protected] We are proud to be in the Airwave Media network! Please contact [email protected] if you would like to advertise on our podcast. Hosts: Ricky Mulvey, Malcolm Ethridge Engineer: Tim Sparks
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