Core Viewpoint - The core investment philosophy emphasizes long-termism, focusing on sustainable value rather than short-term gains [2][5][6] Investment Philosophy - The investment strategy is centered around long-term value investment, avoiding the temptation of chasing popular trends [2] - The manager advocates for a "barbell strategy" that balances high-growth stocks with assets that have measurable intrinsic value, adjusting weights based on market conditions [2][3] Market Focus - The AI and robotics sectors are highlighted as key areas of investment interest, with AI expected to drive the next wave of technological change despite short-term uncertainties in application and commercialization [3][4] - Investment opportunities in AI are identified in two main paths: companies providing essential equipment for the AI industry and those with strong application capabilities [3] Robotics Sector - The robotics industry is still in its early stages of industrialization, with uncertainties in technology choices and cost control, necessitating ongoing research to identify investment opportunities [4] Product Selection - Emphasis is placed on selecting fund managers with a strong alignment of values and investment frameworks, advocating for diversified, low-correlation asset combinations to mitigate risks [5] - The investment approach involves a cautious mindset, focusing on undervalued assets during downturns and realizing gains when valuations are high [5] Future Outlook - The market is anticipated to be in a phase of structural optimization and diversification of opportunities by 2026, with a focus on structural shifts and rebalancing as key investment themes [5]
国金资管王斯杰：坚守长期价值 以哑铃型配置力争穿越市场周期
Zheng Quan Ri Bao·2025-11-18 05:26