Abstract
<p class="16"><span>This is a report paper submitted for the 2021-2022 Global Youth Program of the Wharton School, and we present our investment strategy here. Among more than 2,000 participating teams, we were around the 150th. Therefore, our strategy and report may be helpful for some analysis and further research. </span><span> </span></p><p class="16" align="justify"><span>As the competition ends, o</span><span>ur return is </span><span>- </span><span>3.10 percent with a cash balance of $33,881.28. As such, the p</span><span>ortfolio </span><span>v</span><span>alue</span><span> is $96,899.39. </span><span>T</span><span>he result is largely unexpected, as </span><span>our revenue stably rose and was higher than the average one of the </span><span>SPDR S&amp;P 500 trust</span><span> in the first two-thirds of the competition. Around Nov 10, we suffered a loss of 4 percent and another significant reduction in the last week because of the outbreak of the omicron variant. Therefore, we do not question our strategy. The following content will explain tactics and details in each industry and demonstrate our understanding of investment tools. </span></p>
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