Some friends want to learn my investment approach, so I'll give a beginner's suggestion. If you don't consider industries that go against the cycle to endure the cycle, and want to stand at the forefront of the times, you can start from this angle:

1. Find 10 large companies that have been highly regarded in the market for years and that you're interested in;

2. Among these ten, identify the 1-2 currently most suppressed by the market;

3. Don't rush to buy, don't rush to buy, don't rush to buy! Dig deep into why the market is suppressing them, how much of it is reasonable, how the accounts are calculated, what blind spots exist in the market's suppression, and whether these blind spots can form a basis for reversal;

4. Once everything is clear, find the undervalued price that can be calculated, then start investing, betting based on certainty rather than upside potential.

Examples from my own experience: $Meta Platforms(META.US) in 2022 (privacy data restrictions + TikTok impact); $Tesla(TSLA.US) in 2023 and 2024 (Elon's own bearish antics); $Apple(AAPL.US) in 2024 (iPhone sales pressure and lagging AI capabilities); $ASML(ASML.US) in 2025 (China market + upstream layout + management controlling stock price); $Alphabet - C(GOOG.US) in 2025 (search market threatened by AI, AI capabilities questioned). In my trading system, opportunities come from undervaluation, and risks come from overvaluation. When you've done enough homework and bought cheap enough, how you sell becomes less important.