The Economics of FUD
edelbridge.substack.com · 450 words · saved by 1 readers
How professionals manufacture fear and how you can profit from it.
Author: Daniel Koss Reviewed by: Alasdair Mann, Babyfolio, Ren New investors think market manipulation is a Hollywood plot device. A smoky backroom, a villain with a cigar, an SEC agent kicking down the door. The reality is far more boring and far more expensive for you: manipulation happens every day, in broad daylight, on the front page, and it is mostly legal. What’s the name of the game? Plausible Deniability. Take what happened to Leopold Aschenbrenner’s fund, Situational Awareness, in late July. Facts first, my opinion second. The facts: Aschenbrenner ran roughly $45 billion at…
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