In light of evolving market dynamics, we advocate a proactive strategy that prioritizes liquidity to capitalize on potential corrections, particularly in high-conviction sectors like energy transition, AI infrastructure, and undervalued Japanese equities. Geopolitical diversification is critical—reduce USD concentration through selectively hedged exposure to structurally resilient markets, including Japan’s corporate reform-driven equities, India’s demographic dividend, and EM exporters benefiting from supply chain shifts. Focus on leadership teams with proven capital discipline, such as Berkshire Hathaway under Greg Abel’s operational rigor or Apple’s ecosystem-driven capital allocation under Tim Cook, to mitigate execution risk. Simultaneously, hedge against fiscal volatility by overweighting equities with pricing power (e.g., infrastructure-heavy industrials), real assets (e.g., regulated utilities), and select commodities tied to decarbonization. As Warren Buffett emphasizes, “The best defense is a good offense—and cash is the ultimate offense”: maintain dry powder to exploit dislocations while anchoring portfolios in cash-generative businesses that compound through cycles.