As usual, I studied a lot today through <12 o'clock meeting>. Especially, Mr. Ikwangsu explained in detail about the relationship between war and bond interest rates at a level that a beginner like me could understand.
Especially, 'Historical KOSPI Monthly Average Fluctuation Rate' reported by The Idealiy. If it continues like this, it is statistically possible to say that KOSPI will be weak this month... But Mr. Kwangsu dismissed the intention of such reporting in one word. "According to that statistic, did it soar last July? Don't be swayed by such reports that dampen investment sentiment!" haha
And this word... It's a motto that I always keep in mind. "Investment is the work of enduring contradictions." Today's Kwangsu Thought, it's not long, so I recommend listening to it all.
Finally, it was a sting about the story that the introduction of KOSDAQ up and down system is delayed again due to the backlash of VC (Venture Capital). Originally, they said they would announce a concrete plan for introducing the up and down system in early July and implement it from next year, but it has been delayed endlessly.
I thought it was Korea's chronic problem, but Lee Jae-myung seems to be repeating the same pattern. Prosecutorial reform, real estate reform, tax revision are all the same. What do you mean by saying that something will change properly? After a while, there is no news, and now they say 'consideration' and shake back and forth only listening to complaints from vested interests... Eventually, in real estate, there is a self-help saying that 'Hwang Hyun-hee won'. Is KOSDAQ up and down system the same?
