I am not by any means an expert at finance but I think I do now have some advice for people who are: Do not name your hedge fund anything that will be hilarious if it blows up. Don’t use a name like “Long-Term Capital Management” or “Amaranth Advisors” (named for the floral symbol for immortality). Certainly do not call yourself “Situational Awareness,” which might as well just be “Hubris, Inc.”
Anyway, Situational Awareness, the hedge fund started by a 24-year-old former OpenAI employee that focuses on artificial intelligence bets, has sold most or all, depending on who’s reporting, of its entire public stock portfolio to Ken Griffin‘s Cit …
Read the full story at The Verge.