$MSFT · Schwab Network · 2026-11-02
自2003年起的长期持有者；Microsoft 在未来占据有利位置，业务广泛覆盖 AI 浪潮的多个领域，使投资者能够长期持有，同时由公司应对这一浪潮的挑战。与其他投资 AI 的方式相比，说话者认为它是最安全的选择之一，其质量评级加上对买入价格的重视，也能在周期各阶段抵御下行风险。
逐段跳播
我们是 Alphabet 和 Microsoft 的投资者，这两家公司我们已经投资了很长时间。至于 Microsoft，我们从2003年、Steve Ballmer 还在执掌公司的时候就已经持有它了。
那家公司的股价有十年几乎没怎么动，但与此同时，公司一直在表面之下构建我们今天所看到的东西，而这家公司确实拥有非常可观的资产。
We are investors in Alphabet and Microsoft, two companies we have already invested in for a long time. As for Microsoft, we've been with them since 2003 when Steve Ballmer was still running the company.
That company's stock price barely moved for a decade, but in the meantime, the company was building beneath the surface what we see today , and that company has truly substantial assets.
现在我们来谈谈 Microsoft。这就是你提到自己长期持有的那只股票，从2000年代初就开始了。显然，我确信这些年来你的理由已经发生了变化。你为什么仍然保持在这个仓位上的布局？
Now let's move on to Microsoft. This is the name you mentioned you have owned for a long time, since the early 2000s. Obviously, I'm sure your reasons have changed over the years. Why do you maintain a foothold there?
是的，这是另一个很好的例子，我们认为这家公司为未来做好了充分准备。它们有很多方式在这一轮周期中取得成功，而在一年中的这个时候，你有机会投资于那些拥有具体解决方案或新创新的公司，或者你也可以投资像 Microsoft 这样的公司，它在我们都在经历的这波大浪潮中，在许多领域都有广泛的业务。
因此，Microsoft 为我们提供了一种长期投资的手段，也让我们能够在一家完全应对这波人工智能浪潮挑战的公司中保持仓位。
Yes, it is another good example of a company that we believe is well-positioned for the future. They have many ways to succeed during this cycle, and you have an opportunity at this time of year to invest in companies that have specific solutions or new innovations , or you can invest in a company like Microsoft that has extensive business in many areas within this great wave that we are all experiencing.
Thus, Microsoft provides us with a means to invest for the long term and the ability to maintain a position in a company that fully manages the challenges of this wave of artificial intelligence.
就 Microsoft 而言，你预见到任何风险吗？是的，风险总是很多，但与其他投资人工智能的方式相比，我们认为 Microsoft 是最安全的投资方式之一。我们也喜欢投资那些你为投资所付出的价格真正重要的公司，因此当你投资一家像我们认为 Microsoft 这样评级很高的公司时，在我们经历周期不同阶段的过程中，你也能在下行时受到保护。
Are there any risks you anticipate when it comes to Microsoft? Yes, there are always a lot of risks, but compared to other ways of investing in artificial intelligence, we believe Microsoft is one of the safest ways to invest.
We also like to invest in companies where the price you pay for the investment really matters, and so you are also protected from the downside as we go through different stages of the cycle, when you invest in a company that is as well-rated as we think Microsoft is.
这个频道对 $MSFT 的历次判断
Schwab Network 在这只股票上共 27 条判断，这里只列相邻的几条。