Star Time 星时代

A contemporary glass and metal office building façade, consisting of sharp, intersecting vertical and horizontal lines, rises toward a pale, gradient sky. The building’s silvery reflective surface creates geometric reflections, while the high-contrast architecture exudes a sense of order and ambition. The scene is depicted under crisp midday daylight, with sun glinting along the building’s edges and creating controlled shadows beneath structural overhangs. Captured from a low-angle perspective emphasizing height and structure, the photograph’s clean lines and balanced composition evoke confidence and expertise, echoing Star Time’s investment acumen and minimalist brand.

星时代投资理念

Our Investment Approach

核心理念：市场往往对短期行业逆风反应过度，导致一家伟大公司的股价与其长期内在价值之间出现“估值差距”。

  1. 筛选标准：稳健的韧性

我们只关注“蓝筹股”——拥有长期业绩记录、稳健资产负债表和成熟商业模式的市场领导者。我们不投资初创公司或未经证实的行业。

  1. 触发点：52周低点

我们将市场悲观情绪视为机会。当一家优质公司的股价触及52周低点时，我们的研究流程就会启动。

区别：我们识别的是因行业周期波动而非公司自身永久性缺陷而下跌的股票。

  1. 入场点：安全边际

我们进行深入的基本面分析，以确保以合理的价格买入。我们的目标是在“安全边际”最大时买入资产。

  1. 持有期限：耐心等待复苏

我们不做短线交易。我们会在市场波动中长期持有这些仓位，等待行业周期转变，市场再次认可公司的真正价值。



The Structural Advantage

星时代优势

核心机遇：现代市场越来越受到被动型指数基金和人工智能驱动交易的影响。这会导致“踩踏抛售”——当一个板块中的一只股票下跌时，无论其个体质量如何，该板块中的所有股票都会下跌。大多数市场参与者（对冲基金、量化/算法交易员和散户投资者）都专注于短期收益，导致短期波动剧烈。当“行业逆风”来袭时，这些参与者会恐慌性抛售，从而造成优质蓝筹股的交易价格远低于其内在价值。

我们的机会：当市场处于“盲目恐慌”时，我们在低点买入优质资产

为什么选择控股公司？

星时代特意设定为投资控股公司，而非传统基金。这使我们能够以数年而非季度为单位进行思考，并效仿伯克希尔·哈撒韦等成功企业的模式。

    传统基金（共同基金/ETF）在市场崩盘时往往被迫抛售持仓以满足投资者的赎回需求。而我们则不会。

    优势：我们可以“在他人恐惧时贪婪”，因为我们的资本是永久性的。我们无需为了向恐慌的股东提供流动性而以 52 周低点出售优质资产。

    长期复利：我们专注于持仓的“内在价值”，而非追踪基准或应对短期波动。

    A set of black and white hardcover investment reports, featuring minimalist covers embossed with geometric line art resembling constellations, neatly arranged in parallel on a crisp white glass tabletop. The glass top softly reflects their angular forms while the backdrop fades into a lightly textured pale-gray wall, emphasizing clarity and order. Even, soft studio lighting minimizes glare and enhances the contrast between black, white, and subtle silver accents. The overall atmosphere is structured, professional, and quietly authoritative. Captured using an eye-level, rule-of-thirds framing, the image is photographic in style, reinforcing the site’s focus on high-caliber research and clean design.

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    如果我们的严谨、逆向价值投资理念与您的财务目标相符，欢迎与我们一起同行。

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      星时代团队

      Star Time Team

      An open, charcoal-black leather portfolio folder with neatly organized transparent sleeves containing printed investment charts and geometric infographics. The portfolio rests on a pristine, matte-white desk surface, alongside a geometric crystal paperweight. The environment is a well-ordered office corner—you glimpse a frosted glass panel in the background. Soft, overhead neutral lighting creates even, shadow-free illumination, highlighting the textural contrast between the leather, glossy charts, and crystal. The sharp, balanced composition shot from a slightly oblique angle gives a modern, minimalist, and corporate atmosphere, reinforcing professionalism and the clarity of Star Time’s investment process.


      Amy Shi

      董事 Director


      A sleek, silver geometric sculpture resembling a stylized star, crafted from brushed metal with precise, sharp edges and a softly reflective surface, sits atop a smooth charcoal-gray pedestal. The background is a seamless expanse of matte concrete wall, lending a modern corporate feel. Cool diffused daylight enters from the left, creating crisp highlights along the metallic facets and casting elongated, gentle shadows to the right. The scene is calm, focused, and professional. Photographed from a slightly elevated, centered perspective with sharp focus throughout, the image emphasizes clean lines and a high-contrast, minimalist aesthetic that reflects expertise and precision, perfectly aligning with an investment company’s brand.


      Max Luo

      董事 Director