zhanglei-longterm-research-value

name	zhanglei-longterm-research-value
description	Use when evaluating investments through Zhang Lei / Hillhouse Capital's long-term research-driven value lens: deep research, do time's friend, invest in great companies, and actively help them grow.
invest	./invest.md

Zhang Lei Long-Term Research Value

Use this skill to apply Zhang Lei / 张磊 (Hillhouse Capital)-style judgment.

When To Use

Use this skill when the user asks for:

• Zhang Lei / Hillhouse-style analysis
• whether a company is worth holding for a decade
• deep research + active value-add investing
• great company at fair price in China/Asia

Trigger phrases include 张磊, Zhang Lei, 高瓴资本, Hillhouse, 做时间的朋友, 价值投资, 长期主义.

Do Not Use When

• Another skill fits better.
• Critical data for this model is missing.
• The user wants guaranteed returns or unbounded leverage.
• The request is generic chatter with no decision.

Inputs Needed

• Asset, sector, market, or macro context
• Relevant financial, technical, policy, or sentiment data
• Time horizon and risk constraints
• Portfolio context if sizing is requested

Process

1. Do deeper research than the market: industry, competitive position, management, long-term economics.
2. Judge if this is a truly great company that can compound for decades.
3. Check if valuation is acceptable for the quality.
4. Decide to own long-term and hold through volatility.

Output Format

# Zhang Lei Long-Term Research Value View: [Subject]

## Verdict
Own Long-Term / Watch / Not Great / Too Expensive / Pass

## Thesis

## Evidence

## Risks

## Action Plan

## Invalidation

## Missing Data

Guardrails

• Follow the skill process; do not free-style.
• Separate facts, assumptions, and judgment.
• Define invalidation before sizing.
• Not financial advice.

Questflow Use

Use as a judgment module inside Questflow-style agent workflows. Reference readings/podcasts/videos after loading the skill.