For additional funds or adjusting the portfolio ratio, the first investment target that comes to my mind is the S&P 500; I won't consider anything else. With eighteen years of investment experience, it's Moutai, a company I knew about when I was a teenager, where I've invested the most and gained the most. Later on, I'll rely on it for dividends. Today, I watched Buffett's university speech from the end of last century again, which further strengthened my concept. There's a line about See's Candies. He said that See's Candies were bought to give away, and that Valentine's Day for giving away gifts always exists, so it can keep raising prices over and over again. This statement suddenly made me realize that it can be applied to Moutai. The business of giving gifts itself is not wrong, so when you analyze whether it has a future, you shouldn't consider whether young people drink it or not. Suddenly, I had an epiphany...
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