When The Media Crowns You a Trading Genius, You’re Already Dead
Citadel just scooped up the distressed portfolio of Situational Awareness after massive AI-driven losses. But the real story isn’t the failure of AI trading—it’s the lethal combination of leverage and media hype. When a glowing Wall Street Journal profile paints a target on your back, the market smells blood. Here’s the brutal truth about overconfidence and visibility.