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By the time September’s monsoon rains had washed the dust from Shanghai’s choked skyline, Highlander Partners had become the reluctant custodian of 1.23 million remaining shares. These shimmered faintly in the portfolio’s twilight, valued at $15.93 million-a sum that still clung to 5.56% of the fund’s celestial body of assets. The reduction, though precise as a surgeon’s blade, did not sever the thread binding them to the digital freight platform where shippers and truckers convened like ancient caravans at a cybernetic oasis.

Now, the fine print notes that they based this sale on an average price of a little over ten dollars and some cents-just enough to make you wonder if the stock’s about to do the jig and jump off the cliff. For all I know, Mr. Bergman was merely following a script that’s as old as the hills-more about routine than reason, I dare say.

As a dividend hunter, I confess these ETFs feel like opening a mystery box filled with 2,400+ stocks each. They’re the financial equivalent of a well-stocked pantry-technology (33-34%), financial services (13%), and consumer cyclical (10%) stocks dominate, with Nvidia, Apple, and Microsoft playing the roles of perennial party hosts. The real intrigue? Neither fund uses leverage or ESG sleight-of-hand, making their simplicity almost radical in today’s world of financial alchemy.

And yet-how quiet the soul becomes in the presence of such numbers. One does not think of ethics, or even prudence, but of what might be. The mind, like a horse startled by flame, gallops forward, leaving caution behind. There are those among us who speak of bubbles, of inevitable collapse, as if the sky must one day fall. And perhaps it will. But to fixate on the bursting is to miss the deeper truth: that men do not invest in technology, but in hope. The question is not whether the bubble will burst, but what kind of hope we are nourishing-noble or vain.

The opening year of this gentleman’s second, albeit non-consecutive, administration proved no less animated. By 2025’s conclusion, the Dow, S&P 500, and Nasdaq had each added 13%, 16%, and 20% to their charms.

Now, as we knock on the door of 2026, investors and gawkers alike are left wondering: will this be the year Virgin Galactic turns a profit? I hate to break it to you, but the answer is likely “no.” And while I’d love to wax poetic on the metaphorical meaning of space travel, let’s get down to the nitty-gritty.

To discern which might suit the discerning investor, we must examine their cost, diversification, sector leanings, and risk profiles, for even in the world of finance, the smallest distinctions can hold great significance.