What This Is About
This blog is my place for thoughts that don’t need to be loud to have an impact.
Some are foundational, some offer a calm interpretation of current events, and others explain how things work beneath the surface.
Together, they form a picture of how I read the world — in patterns, questions, and connections.
And perhaps you’ll find something here that helps you:
a bit more orientation in a noisy world, more clarity in complex situations, and an understanding of connections that are easily overlooked.
Not as quick answers, but as thoughts that may strengthen your own thinking.
And when an idea needs more space, you’ll find deeper papers that let understanding go a little further.
DAS STILLE RISIKO DER ETFs:
WENN FUNKTION BEDEUTUNG ERSETZT
Es gibt Systeme, die nicht versagen, sondern zu perfekt funktionieren.
Märkte, Algorithmen, Prozesse – alles greift scheinbar reibungslos ineinander.
Doch je fehlerfreier ein Mechanismus läuft, desto leichter verliert er seine Verbindung zur Wirklichkeit.
Preise beginnen, sich gegenseitig zu bestätigen, Modelle stützen Modelle, Daten zirkulieren zwischen Maschinen.
Nichts bricht – und doch verschwindet etwas: Bedeutung.
Gedanken zur Grundsätzlichkeit.
NVIDIA – THREE EPISODES
ABOUT A MODERN ILLUSION
Sometimes a stock doesn’t rise because a company is strong – but because we need something larger than ourselves.
NVIDIA is not just a corporation; it is a story that our time tells about itself – shaped by longing, by speed, and by an illusion we rarely question.
And from that illusion emerges something we eventually call a fair price.
→ [To the article: “NVIDIA – A Story About Meaning, Not About Valuation”]
THE TRILLION QUESTION:
POWER, MARKETS AND MUSK
Historically, rulers treated entire realms as their private property — emperors, kings, conquerors. Their control over resources often exceeded anything a modern billionaire possesses. And yet none of them ever had “a trillion in the bank.”
Today, power no longer shows itself in land or treasure, but in corporate valuations and equity stakes. The concentration of power hasn’t disappeared — it has simply changed its form.
The news about Elon Musk’s trillion-dollar package isn’t a scandal to me. It’s a mirror — an invitation to reflect on how much power can gather in the hands of a single person, once through empires, now through market prices. And what that says about our time.
THE SILENT RISK OF ETFs:
WHEN FUNCTION REPLACES MEANING
There are systems that do not fail but become dangerous precisely because they function too well.
Markets, algorithms, processes – everything appears to run smoothly,
each mechanism reinforcing the next.
Yet the more flawlessly a system operates, the easier it loses touch with reality.
Prices begin to confirm each other, models validate models, data circulates between machines.
Nothing breaks – and yet something fades: meaning.
Some thoughts on fundamentals.
WHAT TRULY MATTERS: PRICE OR HOLDINGS?
This text explains why the Amygdalus Academy is being created – and why it must think differently from traditional financial education.
There is no shortage of information, yet many people lack a structure that stabilizes their behavior and supports them in difficult phases.
Over the years, I have seen that orientation doesn’t come from adding more knowledge, but from repeatable processes that make building position and substance tangible.
This is where Amygdalus begins: with a methodology like AES – not loud or speculative, but systematic, transparent, and built for the long term.
If you want to understand how real stability emerges – in action, not just in thought – the answer begins here.
A few reflections of our own.