Ryunsu SungDec 04, 202511 minAware OriginalDec 04, 2025The Shadow of Private Credit Over U.S. InsurersPrivate equity firms’ push to capture Berkshire Hathaway’s secret sauce: permanent capital20Aware Original
Ryunsu SungNov 21, 20256 minAware OriginalNov 21, 2025Oracle, Now the Symbol of AI RiskA corporation is a type of vehicle—a means to an end—and it often functions as a financial product as well.20Aware Original
Ryunsu SungNov 06, 20259 minAware OriginalNov 06, 2025The Company That’s Truly Serious About Robots—And It’s Not Tesla?While Elon Musk grabs headlines by demanding a $1 trillion bonus for a “quadrillion‑won robot,” the real heavyweight is quietly executing a terrifying plan to replace 600,000 workers—without even using the word “robot.”00Aware Original
Ryunsu SungOct 21, 202512 minAware OriginalOct 21, 2025Emerging Credit Market Risks and Jamie Dimon’s “Cockroach” Hypothesis"It may not be appropriate for me to say this, but if you see one cockroach, it’s probably right to assume there are many more hiding. Everyone needs to be careful."10Aware Original
Ryunsu SungOct 13, 20255 minAware OriginalOct 13, 2025Did BlackRock, Which Manages 17 Quadrillion Won, Really Invest in Bitcoin? Stop Being MisledBlackRock’s Bitcoin ETF is less an expression of conviction about crypto itself and more a “product offering” tailored to investor demand.20Aware Original