AWARE

Notes by Ryunsu

The Intelligence Layer of Financial Infrastructure

Ryunsu Sung

Feb 17, 2026

People navigating a wooden maze structure.

Aware Original

Why Bitcoin Keeps Falling: The Downward Spiral of the Gamma Trap

Ryunsu Sung

Feb 03, 2026

A rendering of the 6th-generation Waymo Driver on Hyundai’s all-electric IONIQ 5 SUV.

Aware Original

The Overwhelming Autonomous Driving Leader Proven by Numbers: Waymo’s Full-Scale Takeoff

Ryunsu Sung

Dec 24, 2025

Crowd waiving American flags. Flag of USA.

Aware Original

The Precarious State of ‘American Exceptionalism’ and a Shaken Dollar Hegemony

Ryunsu Sung

Oct 06, 2025

Ryunsu Sung

Feb 05, 2026

Model Portfolio

Feb 05, 2026

Model Portfolio Update: Interpreting the Market Downturn Led by the Software Sector

Here emerges the elephant in the room. Software companies can no longer leverage an "asset-light" business structure.

Ryunsu Sung

Model Portfolio Update

Assessing the full-fledged turnaround potential of a once-struggling company.

Ryunsu Sung

Model Portfolio Update

Strategic buying and position increase for a leveraged bet.

Ryunsu Sung

Major Updates to the Model Portfolio

New portfolio additions and rebalancing executed.

Ryunsu Sung

Model Portfolio Update

Summary of Q3 earnings announcements of portfolio companies and execution of strategic rebalancing.

Model Portfolio

AWARE - Making Capital Effective and Transparent

Recommended Posts

The Intelligence Layer of Financial Infrastructure

Why Bitcoin Keeps Falling: The Downward Spiral of the Gamma Trap

The Overwhelming Autonomous Driving Leader Proven by Numbers: Waymo’s Full-Scale Takeoff

The Precarious State of ‘American Exceptionalism’ and a Shaken Dollar Hegemony

Model Portfolio Update: Interpreting the Market Downturn Led by the Software Sector

Model Portfolio Update

Model Portfolio Update

Major Updates to the Model Portfolio

Model Portfolio Update