Mirae Asset Park Hyun-joo, taken by Tesla 5 years ago, he saw stock investment strategy

On the 14th, Mirae Asset Group Chairman Park Hyun-ju appeared on the YouTube channel and shared his views on financial market investment strategies.

It is very unusual for Chairman Park to appear on YouTube, a kind of’popular medium,’ because he rarely appears in the media and is accompanied by the modifier of a hermit manager. He also said at the beginning of the video, “There is a meeting in which 200 to 300 people participate (I have participated), and taking a video is a challenge, and this is my first time. I am nervous.”

Chairman Park explained that he appeared in a video to talk about how to look at the current stock market in a situation where the KOSPI index exceeds 3,000 points and various perspectives appear.

On this day,’Mirae Asset Smart Money’, a YouTube channel operated by Mirae Asset, released a video of’Investment Meeting with Chairman Park Hyun-joo.’ The approximately 50-minute video titled’Part.1′ contains a story about the ▶semiconductor ▶cloud ▶electric vehicle field. Chairman Park, Cheol-soo Seo, head of the Research Center, and researchers by field appeared.

The’Investment Meeting’ was conducted in a way that Chairman Park served as the moderator and questioner and listened to the investment opinions of experts in each field this year. Chairman Park sometimes asked sharp questions, encouraging researchers to respond further.

Senior researcher Ryu Young-ho said, “This is the time when semiconductors are structurally going back to the upcycle.” I asked a question.

While talking about the electric vehicle industry, Chairman Park showed a unique perspective and investment philosophy. “It’s generally said that it’s a value stock growth stock, but I don’t see it that way,” he said. “I see it as whether it’s innovating or not. Investment should be done in companies that innovate.”

He said, “In an interview in 2016, Korean people once asked to invest in Amazon, Tencent, and Tesla,” he said. “It is said that they took a stock, but it was an innovation.”

When talking about Apple’s’Apple Car’ is circulating in the market, and Tesla’s stock price is on the rise, Chairman Park did not forget to think about other fields. He said, “I think Tesla and Apple will do well with electric cars, but let’s watch it a little bit,” he said, adding a clue to his personal opinion, “Wouldn’t the battery company be good,” he said. Introducing the famous investment industry anecdote that the people who made money during the American pioneering era were not those who left in search of gold, but other industries that sold jeans and provided shelter to them.

LG Chem, which is leading the battery market, was also mentioned. He said, “It was a great foresight that LG Chem started the battery business in the presence of Chairman Koo Bon-moo,” and said, “We are still innovating in the era of Chairman Koo Kwang-mo.”

When it comes to Tesla’s stock price, which is being overvalued, he said, “It can be justified,” and “because of safety issues, the valuation as a self-driving car company is a little troublesome.” At the same time, he predicted that the Flying Car will appear before the autonomous driving technology of automobiles. “Because drones are already developing quite a bit,” he said.

Mirae Asset plans to divide the industrial sectors by sector and share Chairman Park’s investment opinions on various fields through YouTube. In the part 2 video scheduled to be released on the 15th, talks about ▶Green Energy ▶E-Commerce·Game ▶Bio will be held.

Reporter Oh Wonseok [email protected]