Pranayama, an ancient practice rooted in the Vedas and detailed in Patanjali’s Yoga Sutra, a foundational Hindu scripture from around 200 B.C., involves breathing exercises designed to clear physical and emotional blockages, freeing the breath and allowing the flow of prana, or life energy. Typically, Pranayama is practiced before meditation to prepare the mind and…
When leverage makes the decision for you
For anyone who missed it, Leopold Aschenbrenner’s fund, Situational Awareness, reportedly peaked at close to USD45 billion before losing roughly 67% in July. The trade was essentially long AI infrastructure, short parts of software, and reportedly running at close to four times leverage. It worked spectacularly well until it did not. Then the longs cracked,…