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They were the alpha. Leopold called the boom in 2025 and returned 200% in 2025.

He unfortunately got caught with his pants down.



I mean, so many people also went in on the boom, that's why it's a boom. Leopold somehow got it 100% right and _still_ managed to go bust


Shoot, I called the boom in 2020 and returned 700% over the last six years. Where’s my fund? :P


That was just leveraged beta.




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