前OpenAI研究员、“00后AI股神”折戟华尔街！从峰值4
字幕摘录
| 时间 | 英文 | 中文 |
|---|---|---|
| 0:00 | Leopold Aschenbrenner, 著名的AI投资者, 刚刚被迫出售整个 | |
| 0:05 | of his public stock holdings. | 他持有的公共股票。 |
| 0:07 | This comes not even 24 hours after it was reported that he was reaching out to investors | 这甚至没有发生24小时 据报道,他正在接触投资者 |
| 0:13 | and lenders to raise more cash. | 和贷款人筹集更多的现金。 |
| 0:16 | Now, at the time, he was reporting on or basically insinuating that this was to buy the dip and | 现在,当时,他正在报道 或基本上暗示 这是购买的涂料和 |
| 0:21 | it is a huge opportunity to get invested. | 这是获得投资的巨大机会。 |
| 0:23 | But now it looks like actually he was scrambling for cash to basically pay off his margin. | 但现在看来他其实是想用现金来还钱 |
| 0:28 | I know this story very well because I actually reported on this. | 我非常了解这个故事 因为我实际上报道了这个故事。 |
| 0:31 | I put out a video on this just a few hours ago. | 我几小时前就拍了个录像 |
| 0:34 | I seem to have timed that absolutely perfectly with when this new piece of news came out. | 这个新消息传出时,我似乎很及时 |
展开字幕全文（207 条）
| 序号 | 英文 | 中文 |
|---|---|---|
| 1 | Leopold Aschenbrenner, 著名的AI投资者, 刚刚被迫出售整个 | |
| 2 | of his public stock holdings. | 他持有的公共股票。 |
| 3 | This comes not even 24 hours after it was reported that he was reaching out to investors | 这甚至没有发生24小时 据报道,他正在接触投资者 |
| 4 | and lenders to raise more cash. | 和贷款人筹集更多的现金。 |
| 5 | Now, at the time, he was reporting on or basically insinuating that this was to buy the dip and | 现在,当时,他正在报道 或基本上暗示 这是购买的涂料和 |
| 6 | it is a huge opportunity to get invested. | 这是获得投资的巨大机会。 |
| 7 | But now it looks like actually he was scrambling for cash to basically pay off his margin. | 但现在看来他其实是想用现金来还钱 |
| 8 | I know this story very well because I actually reported on this. | 我非常了解这个故事 因为我实际上报道了这个故事。 |
| 9 | I put out a video on this just a few hours ago. | 我几小时前就拍了个录像 |
| 10 | I seem to have timed that absolutely perfectly with when this new piece of news came out. | 这个新消息传出时,我似乎很及时 |
| 11 | So in this video, I basically want to go over this new piece of news that we have heard. | 因此,在这个视频中,我基本上想回顾一下我们听到的新消息。 |
| 12 | This comes from CNBC that he has basically been forced to sell all of his stocks. | 这来自CNBC,他基本上被迫出售他所有的股票. |
| 13 | And I'm going to go and look into some of the stocks that he was holding as well, because | 我要去查查他持有的一些股票 |
| 14 | I think there's a lot that we can learn from this. | 我认为我们可以从中吸取很多教训。 |
| 15 | A lot of the names that he was holding, it seems like he pretty much had to sell at the | 他持有的很多名字, 似乎他几乎不得不出售在 |
| 16 | absolute bottom because, of course, he had margin and a lot of those stocks are on a | 绝对的底部,当然,因为他有边际 和很多这些股票在 |
| 17 | massive rally today so far. | 今天的大规模集会,到目前为止。 |
| 18 | So we'll look into that as well. | 所以我们也要调查一下 |
| 19 | So let's jump on to the piece of news. | 我们来谈谈新闻吧 |
| 20 | OK, so here we are. | 好了,我们到了。 |
| 21 | 这是来自CNBC。 | |
| 22 | AI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep | AI 投资者利奥波德·阿申伯伦纳(Leopold Aschenbrenner)在陡峭之后被迫解开所有公共股位. |
| 23 | losses, sources say. | 来源说,损失。 |
| 24 | So we did, of course, have the report that came out not even 24 hours ago about him | 所以,我们有,当然,有 报告出来 甚至没有24小时前 关于他 |
| 25 | raising cash. | 筹集现金。 |
| 26 | And in this note, he was talking about it being such a great opportunity, the | 在这张纸条中,他谈到 这是一个很好的机会, |
| 27 | best opportunity since the start of twenty twenty five. | 最佳机会 自二十五日开始。 |
| 28 | He was talking about possible catalysts coming for AI later in the year, like the | 他说今年晚些时候可能会有催化剂 来寻找AI |
| 29 | anthropic IPO, basically was pitching it as all good and well and a great opportunity | 慈善IPO,基本上 把它当作一个很好和很好的机会 |
| 30 | to jump into his fund. | 跳进他的基金。 |
| 31 | But as we're going to find out here, actually, he was scrambling | 但当我们发现这里时,他正在乱跑 |
| 32 | for cash, it looks like. | 对现金来说,它看起来像。 |
| 33 | So here we are. | 我们到了 |
| 34 | Leopold Aschenbrenner的对冲基金 已经出售了所有公共股票 | |
| 35 | to people familiar with the matter situational awareness, which was his hedge fund | 对熟悉情况认识的人,这是他的对冲基金 |
| 36 | or is his hedge funds, which grew to as big as forty five billion dollars at one point, | 或者他的对冲基金, 增长到四百五十亿美元, |
| 37 | posted big losses in recent weeks from declines in AI infrastructure investments like | 最近几周AI基础设施投资的下降造成了巨大损失。 |
| 38 | SK Hynix,人们说。 | |
| 39 | So forty five billion dollars, this fund was reported to have got to at one point. | 因此,450亿美元, 据报道,这个基金 已经到了一个点。 |
| 40 | I actually heard on CNBC as well. | 我也听说了CNBC的消息 |
| 41 | They started a year around three billion dollars, so they saw crazy growth. | 他们开始的一年大约30亿美元, 所以他们看到了疯狂的增长。 |
| 42 | And I believe when they started the fund back in 2025 or 2024, it was only at two | 我相信当他们2025年或2024年 启动基金时 才2点 |
| 43 | hundred and fifty million dollars. | 亿五千万. |
| 44 | And so looking at this growth now at forty five billion dollars, of course, you have | 所以看这个增长 现在以450亿美元, 当然,你有 |
| 45 | to do amazing at picking stocks like he did. | 做惊人的 选择股票像他一样。 |
| 46 | But also you have to add some sort of leverage on top of that as well. | 但除此之外,你还必须增加某种影响力。 |
| 47 | So from going from if it was three billion dollars at the start of the year up to forty | 从年初的30亿美元到40美元 |
| 48 | five billion dollars at one point, those are ridiculous gains. | 一次50亿美元,这些是荒谬的收获。 |
| 49 | But he probably had leverage to do that, which means that when we did see the unwind | 但他可能有杠杆 做到这一点, 这意味着当我们确实看到 风 |
| 50 | and it has been a huge unwind in AI stocks over the past month, he has obviously been | 上个月人工智能股票暴涨,他显然 |
| 51 | hit by that and forced to sell. | 被它击中,被迫出售。 |
| 52 | They go on to say the battered hedge fund founded by former open AI researcher Leopold | 他们继续说,被打的对冲基金 由前开放AI 研究员利奥波德建立 |
| 53 | Aschenbrenner is unwinding many of its trades after big losses on artificial | Aschenbrenner在人为损失后 正在解除许多交易 |
| 54 | intelligence stocks and a bad bet against software stocks, left it scrambling to raise | 情报库和对软件库的赌注太差, 留下了筹钱的麻烦 |
| 55 | cash, according to people familiar with the matter. | 现金,根据熟悉此事的人的说法. |
| 56 | So it sounds like he was obviously betting against or shorting against the software | 听起来他显然在对软件下注或短缺 |
| 57 | market as well. | 市场也是如此。 |
| 58 | And of course, software has actually been doing quite well, especially | 当然,软件实际上一直做得很好,尤其是 |
| 59 | compared to AI over the past month. | 与过去一个月的大赦国际相比。 |
| 60 | The prime brokers for the fund situation awareness have been rushing to raise cash to | 了解基金情况的主要经纪人一直急于向 |
| 61 | meet margin requirements. | 符合比值要求。 |
| 62 | The people said a large investment firm has apparently reached a deal to buy the funds | 人家说,一家大投资公司 已经达成协议买钱 |
| 63 | publicly traded assets. | 公开交易的资产。 |
| 64 | People familiar with the deal said the buyer of the assets couldn't be determined. | 熟悉交易的人说,资产的购买者无法确定. |
| 65 | So hopefully we'll find out who this buy is at some point. | 所以希望我们一定能查出 这笔钱是谁买的 |
| 66 | I'm sure it will get released at some point. | 我敢肯定,它会在某个时候释放出来。 |
| 67 | It does seem that someone's just basically bought all of his stocks, bought all of his | 似乎有人只是买了他所有的股票 买了他所有的股票 |
| 68 | assets and then probably the debt associated with that as well to basically get him out | 资产,然后可能 与它有关的债务 以及基本上让他出来 |
| 69 | of trouble. | 麻烦。 |
| 70 | And from what I was hearing as well, he is going to hold on to his private | 根据我所听到的 他将会保持他的私人 |
| 71 | assets or what private assets he can hold on to and maybe just focus on that for the | 资产或他可以持有的私人资产,也许只是专注于用于 |
| 72 | time being. | 暂时的 |
| 73 | Situational awareness has sustained significant losses in recent weeks as its | 近几周来,对情况的认识由于缺乏了解而蒙受了重大损失。 |
| 74 | portfolio of AI infrastructure investments such as SK Hynex declined while short positions | SK Hynex等AI基础设施投资组合下降,但职位短 |
| 75 | in software companies such as Adobe move sharply against it, the people said. | 人们说,在诸如Adobe等软件公司, |
| 76 | So also it sounds like he did kind of put in a big position of SK Hynex as well. | 听起来他也非常喜欢SK Hynex |
| 77 | This is a company that has only recently become available on the U.S. | 这是一家最近才在美国上市的公司。 |
| 78 | stock market. | 股票市场。 |
| 79 | So it sounds like he might have gone quite heavy into SK Hynex. | 听起来他可能已经很重 进入SK Hynex。 |
| 80 | They did actually miss their earnings or do lower than most people are expecting on their | 他们确实错过了收入 或者比大多数人期望的要低 |
| 81 | earnings as well. | 收入也一样。 |
| 82 | So maybe that sell off also contributed to this. | 所以也许卖掉也促成了这个。 |
| 83 | And we're also going to go into some of the stocks that he held very big positions in | 我们还会进入一些股票 他拥有非常大的位置在 |
| 84 | because while this drop off did affect a lot of chip stocks and a lot of AI stocks, there | 因为虽然这批货确实影响了很多芯片股票和很多AI股票,但在那里 |
| 85 | were some that got hit very hard. | 被狠狠地击中的人 |
| 86 | It does seem like he may have been forced to sell those stocks, but actually made them | 看来他可能被迫卖掉这些股票 但实际上却做了 |
| 87 | decline a lot more. | 下降的更多。 |
| 88 | As we spoke about, the fund grew to as big as 45 billion dollars | 正如我们所说,基金增长到450亿美元 |
| 89 | at the start of July before big losses took hold, according to a person familiar with | 7月初,在重大损失被控制之前,一位熟悉 |
| 90 | the matter. | 这件事情。 |
| 91 | So we just go to show you the kind of situations you can get yourself in | 所以,我们只是去告诉你 什么样的情况 你可以得到自己进入 |
| 92 | if you're using leverage. | 如果你用杠杆。 |
| 93 | This guy was picking all of the best companies. | 这家伙选了最好的公司 |
| 94 | He was up a huge amount on the year worth 45 billion dollars or his hedge fund was | 他在这一年的巨额金额 价值450亿美元 或者他的对冲基金 |
| 95 | worth 45 billion dollars only at the start of July. | 7月初才值450亿美元 |
| 96 | So not even a month ago. | 所以,甚至一个月前。 |
| 97 | And it's gone from 45 billion dollars to being forced to sell, it seems like because | 它已经从450亿美元 被迫出售, 似乎因为 |
| 98 | of the leverage and the money that he owed on this, which is just absolutely crazy. | 和他欠下的钱 这简直太疯狂了 |
| 99 | But it is what can happen with such a drastic sell off like we have seen. | 但是,如果像我们所看到的那样如此激烈的卖掉,它就会发生。 |
| 100 | So I have been looking for more news on this so far, but it's very, very early days. | 因此,我一直在寻找更多的消息 关于这一点, 但这是非常,非常早期。 |
| 101 | So it seems like there's not really that much more we can find out about it at the | 看来我们没多少线索了 |
| 102 | moment. | 等会儿 |
| 103 | And they say the situation remains fluid. | 他们说局势依然不稳定 |
| 104 | It couldn't be determined whether the firm was satisfying its margin calls through | 无法确定公司是否通过 |
| 105 | sales. | 销售。 |
| 106 | The firm had been negotiating to sell its stake in Amthropic, but it wasn't | 公司一直在谈判 出售它在Amthropic的股份,但它不是 |
| 107 | clear if that deal was done. | 说清楚了 如果交易完成了 |
| 108 | A spokesperson for the firm said reports that it was marketing a stake it owns in | 律所的一位发言人说,该公司在推销它拥有的股份 |
| 109 | Amthropic are not accurate. | 安眠药不准确 |
| 110 | So we're not sure at the moment if while they're trying to satisfy their margin | 所以现在我们不确定他们是否在努力 满足他们的距离 |
| 111 | requirements, were they selling off quite drastically? | 要求,他们卖的很激烈吗? |
| 112 | And actually did that contribute to a lot of the downturns in some of these stocks | 事实上,这导致了一些股票的下滑 |
| 113 | because they were being forced to offload a huge amount of stocks that they had to | 因为他们被迫卸下 大量的库存,他们不得不 |
| 114 | try and satisfy these margin requirements. | 尝试满足这些比值要求。 |
| 115 | So we'll find that out because there are some companies that they own massive | 所以我们会发现,因为有些公司 拥有大规模 |
| 116 | stakes in, for example, Nebius. | 比如说,尼比乌斯 |
| 117 | They bought over a five percent position in Nebius. | 他们在尼比乌斯买了5%的职位 |
| 118 | So if they were forced to sell all of their stocks on the open market, that | 所以如果他们被迫在公开市场上卖掉所有股票 |
| 119 | creates a huge amount of selling pressure. | 制造巨大的销售压力。 |
| 120 | And there's also Sharon AI as well, which they also own a huge amount in. | 还有Sharon AI,他们也拥有大量。 |
| 121 | And then they say here some of their biggest holdings, the fund's largest holdings | 然后他们说他们最大的股份 基金最大的股份 |
| 122 | at the end of the first quarter included Nebius Group, Sandisk, Micron, Corweave. | 第一季末包括尼比乌斯集团,桑迪斯克,迈肯,科韦阿夫. |
| 123 | According to filings, all four of these stocks are down more than 35 percent this | 根据档案,这四个股票都下降了35%以上 |
| 124 | month and some even more. | 一个月,甚至更多。 |
| 125 | I know Nebius, for example, yesterday it was down 50 percent from its all time | 我知道尼比乌斯 比如说 昨天比以前下降了50% |
| 126 | highs in under two months. | 两个月内就会高了 |
| 127 | So it was really, really rapid selling. | 所以这是非常,非常快速的销售。 |
| 128 | And then just to finish off the size of the fund's losses and the amount it was | 然后只是结束 基金损失的规模和金额 |
| 129 | seeking to raise couldn't immediately be determined. | 寻求抚养无法立即确定。 |
| 130 | So we don't know much at the moment, but this is a story I am sure we are going to | 我们目前不太了解这个故事 但我敢肯定我们一定会 |
| 131 | learn a lot more about in the very near future. | 在不远的将来学到更多的东西。 |
| 132 | People are wondering how this happened. | 人们在想这是怎么回事 |
| 133 | As I said, he had around over 40 billion dollars at the start this month, it sounds | 正如我所说,这个月开始时他有400多亿美元 |
| 134 | like. | 喜欢。 |
| 135 | So for that to completely unwind so quickly, that is a massive blow up. | 因此,为了完全解开风速, 这是一个巨大的爆炸。 |
| 136 | So I'm sure we're going to find out more how this happened, what he was forced to | 所以,我敢肯定,我们将找到更多的 事情是如何发生的, 他被迫 |
| 137 | about and then also who he sold to as well, because whoever those assets were | 还有他卖给谁 因为不管是谁 |
| 138 | sold to, were they having a very, very good day now? | 他们今天过得好吗? |
| 139 | Because we're just going to go in and we'll take a look at some of the stocks | 因为我们要进去看看一些股票 |
| 140 | that he did own, because we are seeing a massive rebound at the moment. | 他确实拥有,因为我们看到 巨大的反弹现在。 |
| 141 | So first off, we'll take a look at the VanX Semiconductor ETF, I've been through | 所以首先,我们来看看万X半导体ETF,我经历了 |
| 142 | this before, but this is basically just a good way of tracking AI and | 这之前,但这基本上是 一个很好的跟踪AI和 |
| 143 | semiconductor stocks. | 半导体库存。 |
| 144 | You can see up over six percent, that is just today. | 你可以看到超过6%, 就是今天。 |
| 145 | There has been a massive V shaped recovery today. | 今天出现了大规模的V形复苏. |
| 146 | And this is just the ETF, just kind of an overall index tracking all of these AI | 这只是ETF, 只是一种总体指数 跟踪所有这些AI |
| 147 | companies as well. | 公司也一样。 |
| 148 | And it was down a huge amount just in the past month. | 在过去一个月里,它下降了一大笔钱。 |
| 149 | But you can see how much it has recovered already up six percent in a day. | 但你可以看到它已经恢复了多少 在一天中已经上升了6%。 |
| 150 | So maybe this news has contributed to it. | 所以也许这个消息对此有所贡献。 |
| 151 | But of course, we did have the Fed meeting yesterday and some crucial big tech | 但当然,我们昨天有美联储会议 和一些关键的大技术 |
| 152 | earnings, which are now out of the way. | 收入,现在已经无法应付。 |
| 153 | So it does seem like we've had a little bit of a relief rally. | 看来我们确实有 一点点的救济集会。 |
| 154 | But that's just looking at kind of the overall ETF of that. | 但这只是看看 总体ETF。 |
| 155 | If we look at some of the stocks that he did hold. | 如果我们看看他持有的一些股票 |
| 156 | Well, let's take a look at Nebius Group. | 让我们看看尼比乌斯集团 |
| 157 | As I said, he owned over five percent of this entire company. | 正如我所说,他拥有整个公司的5%以上。 |
| 158 | Nebius is up 27 percent just today alone, a massive recovery. | 尼比乌斯今天就上升了27% 一次大规模的复苏 |
| 159 | And that is because it sold off over 50 percent from its all time highs. | 这是因为它销量超过50% 从所有时间的高。 |
| 160 | Now, Nebius is quite an interesting one. | 现在,尼比乌斯是一个相当有趣的。 |
| 161 | This is a stock that I'm invested in and the selling over the past couple of weeks | 这是我过去几周投资的股票 |
| 162 | has been absolutely brutal. | 绝对残忍 |
| 163 | Ten, 15 percent days down just seem to be coming over and over again. | 十,15%的下行时间 似乎不断重复。 |
| 164 | It's quite possible that this could have been also helped by some false selling | 这很可能也是因为一些虚假的买卖 |
| 165 | from situational awareness, the hedge fund as well, because it did seem like | 也因为它看起来是 |
| 166 | a very, very brutal sell off. | 一个非常,非常残酷的卖掉。 |
| 167 | And looking at this rebound as well, it would signify that that selling | 看着这个反弹 也意味着 |
| 168 | has certainly stopped. | 当然已经停止了。 |
| 169 | But I'm sure we'll find out more about that, whether he was forced | 但我敢肯定,我们会发现更多的, 他是否被迫 |
| 170 | to sell his Nebius stock and then looking at Bloom Energy as well. | 然后看看Bloom能源公司 |
| 171 | This was one of his very big plays. | 这是他最伟大的戏剧之一。 |
| 172 | He called Bloom Energy very early and this was one of his biggest positions as well. | 他很早就打电话给Bloom Energy 这也是他最大的职位之一 |
| 173 | Of course, now he was forced to sell all of this stock. | 当然,现在他被迫卖掉这些股票。 |
| 174 | And just today, this is up 24 percent. | 就在今天,这上升了24%。 |
| 175 | Again, a massive rebound. | 再一次, 巨大的反弹。 |
| 176 | And yeah, it just kind of shows you that this guy was on top of the world | 是的,它只是那种显示你, 这家伙是世界顶端 |
| 177 | when it comes to calling all of these investments and calling all of these companies. | 以及这些公司。 |
| 178 | But because he got over leveraged and because it seems like he flew | 但是因为他超度了 似乎他飞了 |
| 179 | a bit too close to the sun, this is what's happened. | 离太阳太近了 事情就是这样的 |
| 180 | But nonetheless, these stocks have seen a massive rebound. | 但尽管如此,这些库存出现了巨大的反弹。 |
| 181 | Sandisk, just another one that we can take a look at up 21 percent just today. | 桑迪斯克,今天我们再看一看21% |
| 182 | So all of these stocks are seeing a massive relief. | 所以,所有这些股票都看到了巨大的缓解。 |
| 183 | And then we'll just go on to finish off as well with Sharon, a ISO. | 然后,我们继续结束 与沙龙,一个ISO。 |
| 184 | This is a much smaller company. | 这是一个小得多的公司。 |
| 185 | This is just a one point eight billion dollar market cap company. | 这只是一家价值80亿美元的市场帽公司。 |
| 186 | But it was one that he quite famously bought into quite early. | 但它是一个相当著名的 他买到相当早。 |
| 187 | And then actually, I think he ended up owning nearly 20 percent of this entire company. | 事实上,我认为他最终拥有了整个公司的近20%。 |
| 188 | Again, it seems like he was forced to sell his assets very, very close to the bottom. | 再次,他似乎被迫非常,非常接近底部出售资产。 |
| 189 | Oh, we won't know if it was the bottom yet, but we're certainly seeing that | 哦,我们不知道是不是底部, 但我们肯定看到 |
| 190 | this has had quite a big relief rally as well, up 25 percent in just one day. | 仅仅一天之内,就增加了25%。 |
| 191 | So there we go. | 就这样 |
| 192 | That's it for this update video. | 就是这段更新视频 |
| 193 | Two videos on Leopold Ash and Brenner today. | 今天两部关于利奥波德·阿什和布伦纳的视频. |
| 194 | One that he was raising cash, what seems like to buy the dip. | 一个他正在筹钱, 是什么似乎喜欢买水泡。 |
| 195 | And then number two, we're actually finding out that he was in big trouble | 第二,我们发现他有大麻烦 |
| 196 | and really, really did need to raise cash. | 真的,真的需要筹集现金。 |
| 197 | And now he has sold all of his public assets. | 现在他已经卖掉了所有的公共资产 |
| 198 | So I'm sure we'll find out more about what's happening to the situational awareness fund. | 所以我敢肯定,我们会发现更多关于情况意识基金发生的情况. |
| 199 | From what I've heard, it does seem like he's still holding some sort of private assets, | 据我所知 他似乎还持有某种私人资产 |
| 200 | but I'm sure we will get more updates on that. | 但我敢肯定,我们会得到更多的最新消息。 |
| 201 | Apart from that, if you are invested in AI stocks, | 除此之外,如果你投资在AI股票, |
| 202 | I hope that you have been holding on to your shares or that you even bought the dip. | 我希望你一直 持有你的股份, 或者你甚至买了这个涂料。 |
| 203 | And if so, you'll be enjoying a very, very nice, great day today. | 如果是这样,你今天会享受一个非常,非常好的,伟大的日子。 |
| 204 | So I hope you enjoyed this video. | 我希望你喜欢这段视频。 |
| 205 | Please do let me know in the comments, what are your thoughts on this? | 请在评论中告诉我,你对此有什么想法? |
| 206 | And apart from that, thank you for watching it again. | 除此之外,谢谢你再次观看。 |
| 207 | And I will see you in the next one very soon. | 我会很快看到你在下一个。 |
该视频共有字幕 207 条。解锁更多字幕为会员功能，请移动到 价格