Not really into stocks that the market unanimously favors. Finding great companies that go against the consensus is where the real investment opportunities lie. Low valuation, but not low growth—there’s no reason not to make a move. Recently bought Google and Alibaba, both of which fit this kind of opportunity. Too bad I was still too conservative with my bets. Google’s search market share is dropping, and it’s going to be replaced by AI companies? Key info: Google’s AI capabilities are in the top tier, and its commercial applications are better than OpenAI’s. The acceleration of ad revenue driven by AI has exceeded market expectations. Alibaba joining the instant delivery war, destined to get crushed by Meituan? Key info: Alibaba has already secured its ticket to the AI era. By pushing for a unified Alibaba, it’s integrating its businesses. The instant delivery segment has revitalized the entire platform, turning liabilities into assets. Having AI is one thing, but you also need real-world application scenarios. The two are multiplicative, not just additive. The takeaway I’ve had recently is: you don’t believe in it? Not my problem. I’m buying into opportunities that go against the market consensus.