Last week at the reunion, many old friends mentioned two articles from this column, one pointing out that gold is about to explode, and three days later it indeed responded, the other was my declaration of my stock heavy positions, only buying four stocks that &#34;the government won't let them die&#34; — CLP Holdings (002), MTR Corporation (066), Cathay Pacific Airways (293), and HKEX (388).
<h2>Similar Principles to Berkshire's Stock Selection</h2>
I am a rather conservative and realistic investor, absolutely not chasing any &#34;speculative stocks&#34; or &#34;trending sectors.&#34; Because &#34;speculative stocks&#34; can easily become &#34;non-speculative&#34;; &#34;trending sectors&#34; can anytime turn into &#34;non-trending sectors.&#34;
The investment wisdom of &#34;stock god&#34; Warren Buffett and his partner &#34;stock sage&#34; Charlie Munger, such as the three M investment method introduced before, follows the principle of long-term safety. Additionally, Munger has repeatedly stated that a major principle of Berkshire's heavy stock purchases is &#34;certainty that it won't disappear in ten years.&#34; This aligns with my insistence on buying &#34;stocks that the government won't let die.&#34;
Munger gave an example: &#34;Even if Uber is very popular today, we won't buy it because we can't be sure it will still exist in ten years, and if it encounters similar competitors and market shocks, what will happen?&#34; It is well known that Berkshire's heavy investments in Coca-Cola and Bank of America are precisely because they are certain that no matter how the world changes, soda will still be a daily popular beverage in ten years. As for banks, there is fundamentally nothing that can replace them, and the same goes for insurance companies.
<h2>The Four Major Stocks Will Definitely Grow Bigger</h2>
Returning to my four major stocks, just as Munger said, it can be a hundred percent certain that in ten years, CLP Holdings, MTR Corporation, Cathay Pacific Airways, and HKEX will still exist and will definitely grow bigger.
Why? This is a necessity for Hong Kong and also for the government. Their survival and growth represent the prosperity of various industries in Hong Kong, a thriving economy, which directly and indirectly benefits the treasury.
The businesses of these four companies are closely related to Hong Kong, and the government certainly favors them, granting many &#34;privileges&#34; and &#34;benefits.&#34; This is precisely the &#34;policy tilt&#34; in public administration, which other listed companies do not enjoy because they do not have the same nature.
The government absolutely needs to ensure: (1) CLP Holdings has profits every year; (2) MTR Corporation has the right to develop the properties above each station; (3) Cathay Pacific Airways enjoys the best parking spots and the best take-off and landing times, and all related companies in the aviation industry belong to it; (4) HKEX continues to &#34;gamble exclusively&#34; (aren't stock futures and options gambling?), prohibiting competition, forcing prosperity.
Speaking of this, you should understand now, right?
Senior Media Person Zeng Zhi Hua
Related article: Modern Version of &#34;Filling the Ranks&#34; | Zeng Zhi Hua

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The author of this column, Zhi-Hua Ben, mentioned his investment strategy during the group meeting, heavily investing in four stocks: CLP Holdings (002), MTR Corporation (066), CATHAY PAC AIR (293), and HKEX (388). He believes that these companies will not disappear in the next decade and are closely related to the Hong Kong economy, with the government providing support and privileges. He emphasized a prudent investment approach, avoiding chasing trendy stocks, drawing on the investment principles of Buffett and Munger, and believes that these heavyweight stocks will continue to grow

You must weigh the government's support | Tsang Chi Wah