Yi Lihua: The core of AI investment lies in capturing star companies with the potential for excess returns.

JackYi stated that the core of investing lies not in equal weighting, but in identifying and capitalizing on a handful of star companies that deliver excess returns. He cited Duan Yongping's 2002 investment in NetEase as an example, noting that he used $2 million to buy the dip when the stock traded below $1, held it for eight years, and realized over $260 million in profit, yielding a return of more than 100 times.