The full interview with Gerald Hörhan In an interview with President Noah D. Schuster, “Investmentpunk” Gerald Hörhan talks about how he went from being the son of a middle-class family in Vienna to becoming a multimillionaire. Among other things, he describes his first investment, the successes he achieved, and the mistakes he made. Current topics such as the economic race between Europe, China, and the U.S., cryptocurrencies, and much more were also discussed. Above all, however, the “Investmentpunk” explains what the best investments are for young people, how to start generating passive income through real estate, and what young people should keep in mind when building a business. “I learned a lot from my conversation with Gerald Hörhan. His journey is unique and inspiring, and I am grateful that he is willing to share it with me and COPEF. This conversation was a personal highlight for me, as I have been following Gerald Hörhan's journey for quite some time and now had the opportunity to speak with him in person.”

The full interview with Dr. Markus Vesely In the interview with Dr. Markus Vesely, President Noah D. Schuster discusses topics such as digital sovereignty, identity, the EUDI Wallet, and much more that Mr. Vesely deals with in his business. The CEO of A-Trust, the leading trust service provider, also offers—exclusively for our members—insights into his daily life as the CEO of a critical infrastructure company. In addition, he explains how he managed to land the position and what it takes to become the CEO of such a company. "It was a special pleasure for me to learn more about Markus’s day-to-day life as the CEO of a company we all rely on every day. I found the quote “Andere kochen auch nur mit Wasser”—which can be translated as “They put their pants on one leg at a time”—particularly inspiring. I took a lot away from the conversation, and I’m convinced that everyone, regardless of their career aspirations, can gain something from it." Noah D. Schuster

"Given the quite alarming figures and circumstances in the AI industry, I have decided to write a short essay on the topic. In my essay, I outline several arguments suggesting that the current AI bubble is poised to burst. Global geopolitical and macroeconomic turmoil acted as catalysts for the bubble, not least because they also distracted attention from what is currently happening in the AI sector. The Deepseek “stress test” in early 2025 showed just how unstable the market already was at that time. Some AI (and AI-related) stocks have P/E ratios in the triple digits, and the PEG ratios tell a similarly concerning story for most of these companies.. Earnings figures are inflated by “shuffling” funds in the form of investments, payments, and fees from the players involved in a closed loop. The only thing that’s hard to say is when the bubble will burst “Markets can remain irrational longer than you can remain solvent” Note: This essay represents my personal analytical view and does not constitute financial advice." Noah D. Schuster