
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 …