Core Insights - The article highlights the revolutionary impact of AI on intellectual labor, comparing it to the industrial revolution's effect on physical labor [2] - Feng Ludan, a female fund manager at China Europe Fund, has achieved remarkable success with her unique investment methodology, leading her fund to a 93.07% return over the past year, significantly outperforming the benchmark [2][12] - The article emphasizes Feng's deep understanding of the technology sector and her systematic approach to investing in AI-related industries [2][4] Investment Strategy - Feng Ludan's investment philosophy combines industry knowledge with disciplined investment practices, focusing on the high growth potential of the AI sector [3] - She identifies five core areas for investment: AI infrastructure, AI applications, humanoid robots, intelligent driving, and smart wearable devices [4] - The article notes that AI is expected to reignite productivity growth, which has stagnated over the past two decades [4] Selection Criteria - In her stock selection process, Feng evaluates both the technological innovation capabilities of companies and their potential for commercial success [6] - She emphasizes the importance of AI infrastructure as a foundational element for the industry's development, with AI applications and hardware being crucial for accelerating commercial value [5] Unique Investment Framework - Feng has developed a "3D" investment framework focusing on Direction, Depth, and Duration, which aligns with the long-term value investment philosophy of China Europe Fund [7] - The "Direction" aspect involves selecting industries with significant growth potential, while "Depth" emphasizes thorough research on how technological changes drive industry growth [7][8] - The "Duration" component encourages evaluating company value over a longer time horizon, balancing short-term performance with long-term growth [8] Team and Research Support - The success of the China Europe Digital Economy fund is attributed not only to Feng's insights but also to the collaborative research support from the China Europe Technology Team [11] - The team comprises 13 fund managers and 12 industry researchers, covering a wide range of technology themes and ensuring comprehensive market analysis [11]