The post by @sairarahman reflects on personal experience with painful leverage losses, asserting that undergoing such setbacks early fosters resilience and sharper future returns. It endorses a comeback narrative, amplifying TBPN's repost of 'the full letter Leopold sent to his LPs last night' and declaring rumors of Leopold's demise 'greatly exaggerated,' framing this as a classic leverage comeback story.
Author @sairarahman recalls being personally 'kicked in by leverage' and argues experiencing big leverage losses young builds resilience and makes people 'come back swinging smarter'—a positive view of early failure.
I remember the first time I got my teeth kicked in by leverage
I also think having it done young makes you resilient, and likely to come back swinging smarter, and likely harder. Good for him.
We love a good leverage story
TBPN (@tbpn)
Here is the full letter Leopold sent to his LPs last night.
Rumors of his demise are greatly exaggerated.
— https://nitter.net/tbpn/status/2083226453509030285#m