Wall Street keeps rewarding proven leadership as markets look for stability. Investors continue to favor companies with experienced management teams and strong execution records, especially during periods of uncertainty and tighter financial conditions. This “leadership premium” shows up most clearly in large-cap names like $AAPL, $MSFT, $JPM, and $BRK.B, where consistent decision-making, capital discipline, and long-term strategy tend to attract steady inflows. When growth visibility gets cloudy, money often rotates toward businesses where leadership risk feels lower. With earnings expectations, rate policy, and geopolitics still in flux, markets seem less focused on bold promises and more on who has successfully navigated past cycles. Do you think this leadership bias sticks in 2026, or does risk appetite eventually shift back to newer challengers?