$13.59 million, which he described as “minor volatility in October.”
A trader who specializes in researching AI semiconductors and supply chains posted a screenshot of the drawdown in his personal positions for October. The figure was crystal clear: a loss of $13,589,443.20, or about $13.59 million. His caption was just two words: “minor volatility.” He added, “Sharing my personal drawdown for transparency.”
He usually writes about the nuts and bolts of the industry—optical chips, memory, packaging—and has a sizable following. Likes and comments quickly piled up the day he posted the screenshot. At the same time, U.S. tech stocks were getting hammered: the Nasdaq fell about 2%, and nearly all the biggest tech stocks ended in the red. He laid out the paper loss as if he were reviewing an ordinary market swing.
$13.59 million, tucked under “minor volatility.” When markets get brutal, even the words people use can start to lose their meaning. The numbers, though, don’t play along.
A trader who specializes in researching AI semiconductors and supply chains posted a screenshot of the drawdown in his personal positions for October. The figure was crystal clear: a loss of $13,589,443.20, or about $13.59 million. His caption was just two words: “minor volatility.” He added, “Sharing my personal drawdown for transparency.”
He usually writes about the nuts and bolts of the industry—optical chips, memory, packaging—and has a sizable following. Likes and comments quickly piled up the day he posted the screenshot. At the same time, U.S. tech stocks were getting hammered: the Nasdaq fell about 2%, and nearly all the biggest tech stocks ended in the red. He laid out the paper loss as if he were reviewing an ordinary market swing.
$13.59 million, tucked under “minor volatility.” When markets get brutal, even the words people use can start to lose their meaning. The numbers, though, don’t play along.