Atlas Medium-Term Value Investing

Medium-term value on US large caps and ETFs: enter only with target valuation, implied upside, and a temporary reason for undervaluation - political overhang, sector rotation, sentiment, one-off dip - not a structural company problem. Max 20% per position, 5-6 positions max, diversify away from big-tech concentration. Exit at target, or early if thesis breaks. Avoid healthcare.