Where is the’chuck’ of Mirae Asset Group Chairman Park Hyun-joo, who is called the’Investment Guru’, heading? He, who rarely shows up, revealed his investment strategy in the KOSPI 3000 era and presented his opinions on six promising industries.
Chairman Park is a prominent figure in the domestic financial industry. In 1986, he started as a regular employee of a securities firm with an annual salary of 15 million won. In 1998, he launched’Park Hyun-joo 1′, the first mutual fund in Korea, and raised 100% return in seven months. In 2007, the Insight Fund raised 4 trillion won in a month. In 2015, it acquired Daewoo Securities (#2), which is larger than Mirae Asset, which is the fourth largest securities industry (based on equity capital), and created a’super-large securities company’.
In particular, it is famous for its excellent sense of investment that reads the market. A prime example is that he recommended Tesla after taking over Daewoo Securities five years ago. Tesla was the most bought by Seohak ants last year.
The place where Chairman Park appeared is Smart Money, Mirae Asset Daewoo’s YouTube channel. It appeared one after another on the 14th to 15th and surprised investors. It has been five years since the acquisition of Daewoo Securities in December 2015 when Chairman Park stood before the public.
Mirae Asset Group Chairman Park Hyun-joo is explaining the investment strategy on his YouTube channel Smart Money on the 15th. YouTube capture
“The answer for long-term investment in premium stocks…you should look at trends rather than indices”
Appearing on YouTube, he was consistently unstoppable. First, he suggested a perspective on the six industries, saying, “The growing industry has nothing to do with the economy. The KOSPI 3000 has a symbolic meaning, but you should invest in the trend rather than the index.”
In a 56-minute video released on the 15th, opinions on green energy, e-commerce (e-commerce), games, and the bio industry were presented. In particular, we could see the interest in bio.
Chairman Park said, “With more than 7 billion people around the world aging, the bio-healthcare sector has no choice but to grow.” This is because ETF investment can relatively hedge (avoid) the risk.
Regarding e-commerce and games, he said, “Game companies such as NCsoft, Netmarble, and Krafton are becoming platforms.” He saw that the game industry will become the representative industry in Korea. Among domestic e-commerce companies, Coupang was highly appreciated.
Mirae Asset Group Chairman Park Hyun-joo shares opinions with analysts on his YouTube channel Smart Money on the 15th. YouTube capture
“Invest in an innovative company”
Previously, on the 14th, the semiconductor, cloud (virtual storage space), and electric vehicle industries were covered. Chairman Park predicted, “As Apple and Google are going to fabless (semiconductor design), the foundry (semiconductor consignment production) will be booming.”
When it comes to cloud, Naver paid attention. He said, “Microsoft (MS) innovated from Windows to a cloud computer and almost disappeared and survived,” he said. “It is worth paying attention to the fact that Naver is in the cloud business.”
The battery field was also highly evaluated. Chairman Park said, “In the era of pioneering in the US, it was not people who could buy gold, but people who were innkeepers and people who sold jeans,” he said. “The battery industry, which is essential in the era of electric vehicles, will be safe.”
He also expressed his investment philosophy. Chairman Park said, “As a result, long-term investment in high-quality stocks was the answer,” he said. “It is necessary to properly diversify it with its own principle.” The keyword’innovation’ was also frequently used.
He said, “I see companies not as value stocks and growth stocks, but as companies that do innovation and companies that do not.” You have to invest in companies that innovate.”
Reporter Hwang Eui-young [email protected]