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... es that Lukas Martin’s dominance was temporary—a product of youth, luck, and timing. But Lukas wasn’t just playing the money game; he was rewriting its rules. And when the banks tried to corner him, he pulled a move so devastatingly clever it would be studied in finance for decades.

It began subtly. Lukas quietly built enormous positions in U.S. Treasury bonds—securities so safe and liquid that the banks hardly noticed. But unlike them, he wasn’t buying to hold. He was leveraging the old ...

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