Buffett and Bill Gates first met in 1991 Buffett poses a hypothetical question to Gates If you were stranded on a deserted island for ten years Can only invest in stocks of two technology companies Which two would you choose Gates provides the answer Microsoft and Intel Gates' Logic The PC era is the major trend for the next few decades Microsoft masters operating system software Intel masters computer core processor chips Software and hardware matching Almost monopolize the personal computer industry chain It's difficult to be overturned within ten years Buffett agrees with Gates' judgment after listening But he didn't buy these two stocks himself Buffett's own choice of deserted island If it were him to choose He won't choose technology stocks He will choose Coca Cola Buffett's reasons Not in the market for ten years Unable to track industry changes Must choose extremely stable demand A business where moats are difficult to overturn Whether the economy is prosperous or depressed People are still willing to buy cola when they are thirsty Brand firmly rooted in people's minds No need for continuous massive capital investment to update equipment How to Transform Energy Technology Again It won't immediately eliminate the public's demand for beverages Compared to Intel and Microsoft The technology iteration in the semiconductor industry is too fast The competition in the software industry may also emerge as a dark horse at any time Ten years is enough time to overturn leading enterprises This is what Buffett couldn't understand back then This question still holds meaning today What if I were to choose what to buy Because I can only buy stocks instead of indices And if we can only buy two, then My first choice is 75% Maotai, followed by 25% CRCL Maotai is used for defense, at least the capital will not have major problems If 75% of the positions receive dividends and reinvest them within ten years Doubling a little more should not be a problem As for why I bought CRCL I still tend to believe that if the pancake rises CRCL has risen more than Big Cake If the pancake falls CRCL has also fallen less The ceiling is extremely high The USDC ecosystem outside the cryptocurrency circle is developing In ten years, the current market value is 20 billion US dollars It may reach $1 trillion These 25% positions have a chance to earn 20-50 times If unfortunately it really goes back to zero Maotai's BAT may impact investment portfolios It's not a big problem to outperform bonds, bank deposits, or even CPI So Maotai defends against CRCL attacks Actually, I know there are many better options in the market For example, in industries such as AI Unfortunately, I don't really understand What is your answer?