Group 1 - The core viewpoint of the articles highlights the strong performance of high-quality stocks in the market, particularly those with stable profitability, ample cash flow, and reasonable valuations, which are increasingly favored by investors as market logic returns to intrinsic value [1][2] - The China Securities Dividend Quality ETF (159209) has seen continuous net inflows for 10 days, indicating sustained investor interest and confidence in its strategy [1] - The ETF tracks the CSI All Share Dividend Quality Index, selecting 50 listed companies with stable dividends, high dividend yields, and consistent profitability, reflecting the overall performance of companies with outstanding dividend and profitability capabilities [1] Group 2 - The management and custody fees for the China Securities Dividend Quality ETF (159209) are only 0.20%, which is among the lowest in the market, providing a significant long-term cost advantage for investors [2] - The ETF employs a monthly dividend assessment mechanism, enhancing cash flow satisfaction for investors and improving the overall holding experience and capital efficiency [2]

Group 1 - The core message emphasizes that emotional stability is more important for investment success than high intelligence, as highlighted by Warren Buffett's insights [1][3] - A study shows that investors with an IQ above 140 have a 15% lower long-term return compared to those with an IQ of 120, primarily due to overconfidence [3] - Buffett's approach during market downturns, such as the 2020 pandemic, illustrates his ability to remain calm and make informed decisions based on intrinsic value rather than panic [3] Group 2 - Emotional stability is characterized by the ability to withstand market fluctuations, as demonstrated by Buffett's long-term holding of Coca-Cola despite multiple downturns [3] - Buffett dedicates significant time to reading financial reports and news, focusing 70% of his energy on understanding potential mistakes, which is crucial for maintaining emotional stability [3] - Practical tips for ordinary investors to cultivate emotional stability include setting a cooling-off period before making purchases, limiting the frequency of account checks, and employing contrarian thinking [4]

4月21日，易方达基金经理张坤在管基金产品披露2025年一季报。季报显示，今年1季度，张坤管理的几个产品净值涨幅可观，明显超过基准指数。最鲜亮的 的新面孔是顺丰控股(002352.SZ)，在易方达优质精选基金的重仓股中，它取代了分众传媒的位置。 | 1 | 00700 | 腾讯控股 | 8,250,000 | 3,783,833, | | --- | --- | --- | --- | --- | | 2 | 09988 | 阿里巴巴一 W | 31,800,000 | 3,756,287, | | 3 | 600519 | 贵州茅台 | 2,250,500 | 3,513,030, | | 4 | 000858 | 五粮液 | 26,000,000 | 3.415.100. | | ર | 600809 | 山西汾酒 | 15,070,090 | 3,229,218, | | 6 | 000568 | 泸州老窖 | 23,200,100 | 3,009,516, | | 7 | 00883 | 中国海洋石 湘 | 143,000,000 | 2,443,986, | | 8 | 09987 | 百胜中国 | ...