
“The key to investing in stocks by individuals is to decide to buy or sell based on their own firm principles, not others’ standards.”
Seung-hwan Yeom, head of EBEST Investment & Securities, who builds a strong fandom that is not envious of other idols, and moves vertically and horizontally as the lighthouse of Ju Lin (novice stock investors) stressed that it is most important to use investment strategies based on his own standards without being shaken by the bearish market.
In an interview with Maekyung.com on the 24th, manager Yeom said, “Individual investors should look at their (selected) stocks calmly rather than fearful in the recent correctional market.” There is a need to thoroughly analyze the corporate value and respond appropriately,” he said.
In particular, as the Fearing Of Missing Out (FOMO) syndrome, which says’Only I can miss the opportunity’, prevails in the stock market, Jurin, who has been in a hurry from the end of last year, agrees that it may shrink psychologically in a bearish market. When buying, he did not spare any pungent advice because it was because it met other people’s standards.
He said, “If you bought stocks without a clear judgment, for example, because someone else recommended it, because you like YouTube, or because Samsung Electronics and SK Hynix won’t fail, it’s hard to predict the selling timing when it goes up, and you panic when the price drops.” He explained, “You should be able to trade after setting the right principle among the information that is pouring out of information such as corporate value, foreign capital ratio, net profit trend, and chart analysis.”
In the end, he added that making investment habits in the long term should be preceded rather than struggling with stock price fluctuations.
It also predicted that the stock market decline, which individual investors fear, will not be long. The current weakness was due to the deterioration of supply and demand by institutional investors such as foreigners and pension funds, but it was not undermining the KOSPI valuation (share price compared to earnings). The KOSPI PER (share price divided by earnings per share) is still undervalued compared to global indicators, and domestic export indicators are also improving despite the corona crisis, and corporate operating margins continue to improve. It means that it will not be broken.
He predicted that this year, in particular, the portfolio should be readjusted to select the industries that can be carried out by the end of the year. Manager Yeom said, “In this year, existing semiconductors, batteries, bios, etc. will come to life and lead the market to rise. We adjusted the proportion of diagnostic kits, etc., which were active in the corona stock market last year. “It’s time to look back on clothes and cosmetics.”
What is the driving force of manager Yeom who surprised individual investors with the selection of tweezers such as Samsung Electro-Mechanics, Dongkuk Pharmaceutical, and F&F earlier? He noted that thorough learning and market data analysis are nourishing.
“Every morning and evening, I spend my spare time reading the reports of analysts at all domestic securities companies for nearly 3 hours,” said Yeom. “If you study the report steadily, you will be able to differentiate between the market trend and the value of individual stocks. “Because we can grow this data, accumulating this data can produce good results in the long run.”
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