Applied Materials Vs. ASML: The Ideal Pick During This Cyclical Downturn

Group 1 - The article discusses a value investing approach focusing on classical value ratios such as low P/B, P/FCF, and Owner Earnings discounting [1] - It emphasizes the importance of tracking earnings growth versus price appreciation for quality evaluation [1] - The author advocates for self-indexing using the Dow Jones Industrial Average combined with Joel Greenblatt's Magic Formula for tax efficiency [1] Group 2 - The author's background includes experience in private credit and CRE mezzanine financing for a family office [1] - The author has worked with notable CRE developers such as The Witkoff Group, Kushner Companies, Durst Organization, and Fortress Investment Group [1] - The author is fluent in Mandarin and has spent significant time working in China and Asia [1]