Access Over Ownership: Software, Stays & Mobility

This basket owns businesses that monetize access to software, accommodation, transportation and property rather than selling those assets outright. The investment case is that customers retain essential capabilities while avoiding ownership costs, and providers earn recurring subscriptions, booking fees or rent. With equity participation uneven, this offers a cross-industry alternative to another concentrated hardware trade, although travel demand and enterprise budgets remain cyclical risks. Launch basket (equal weight): BKNG, UBER, CRM, NOW, NFLX, MAR, HLT, PLD, O Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.