The 13F report for the first quarter basically indicates the dynamics of institutional inventory adjustments and future psychological expectations! Bridgewater, Buffett, Michael Burry， These three conservative investors, whom I highly recommend, have a consistent basic behavior of reducing costs! Soros, Arknights Wood Sister, David Tepper, and other radical factions that lean towards alpha have both buying and selling, with some differences! By observing, researching, and thinking more, one can discover both risks and opportunities! 🧐