Graham Defensive Dividend Compounders

Mr. Market has bid up AI beta while leaving durable, dividend-paying franchises in healthcare and staples at modest multiples. This basket applies Graham's defensive criteria: long earnings stability, strong balance sheets, uninterrupted dividends, and moderate P/E relative to earnings power. Downside protection comes first; these are businesses whose cash flows persist through cycles, bought without paying for hope. Launch basket (equal weight): ABBV, AMGN, NKE, KO, PG, BMY, PFE, GILD, GIS, MO 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.