In the Wenchuan 5.12 earthquake, Xue Xiao was trapped in the ruins for 80 hours. On May 15, his first words after being rescued at age 17 were: "Uncle, I want to drink Coke 🥤, ice-cold." This sentence brought a smile to China, which was then in a state of grief.

Coca-Cola is the king of beverages. Compared to financial and tech stocks, consumer stocks have an extremely important characteristic: stability. Since everyone relies on consumption, consumer stocks also have stronger risk resistance during financial crises.$Coca Cola(KO.US)

In July, while tech stocks were battered and bruised, Coke went against the trend to hit new highs, with earnings and expectations both looking quite good. Investments must include some defensive stocks as ballast$Berkshire Hathaway B(BRK.B.US). Recently, I added some Berkshire and Apple$Apple(AAPL.US), along with Google, TSMC, and Tesla$Tesla(TSLA.US)$Taiwan Semiconductor(TSM.US)$Alphabet - C(GOOG.US). The best role of defensive stocks is to replenish ammunition when you need to add positions or rebalance, ensuring your rear logistics supply.

Investment must target the kings; the strong remain strong, seeking treasure among the strong!