BrokenBanker @brokenbanker.bsky.social · 31/07/2026then there are absolutely no tears to be shed for anyone (tbf, there never are). what did they think was ultimately going to happen if you employ that much leverage ? 230
GenevaGirl @michellev.bsky.social · 31/07/2026as PM you know that you will eventually be margin-called. Hopefully you’re smart enough to know that unrealised gains are exactly that, and mark your net worth accordingly. The LPs that come out looking the worst are those that gave him money *after* Year 1, when he was reportedly up by over 1000% 120
BrokenBanker @brokenbanker.bsky.social · 31/07/2026experienced PMs know that for sure. this guy was not that. what amazes me about this particular episode is that he did have a lot of experienced investors alongside, but they didn't seem to exercise any oversight ? 100
