Core Viewpoint - The analysis indicates a shift towards greater risk for Microsoft Corporation (MSFT) and other major tech stocks, suggesting a cautious outlook for investors in these companies [1]. Group 1: Company Analysis - The focus is on high-quality companies that can outperform the market over the long term due to their competitive advantages and defensibility [1]. - The analysis includes a broad range of companies from both European and North American markets, without limitations on market capitalization [1]. Group 2: Analyst Background - The analyst has a Master's Degree in Sociology with a focus on organizational and economic sociology, and a Bachelor's Degree in Sociology and History [1].