Oversold stocks created by the crash, a chance to buy cheap has come / 3 ways to choose stocks to buy

Summary

CEO Jo Jin-pyo discusses the recent Korean market crash, attributing it to supply and demand issues like leverage unwinding rather than fundamental economic weakness. He advises investors to avoid leverage, maintain cash reserves, and use fractional buying to acquire fundamentally strong, undervalued stocks. Furthermore, he highlights a shift in market leadership from semiconductors to sectors like secondary batteries, biotech, and financials.

• The recent market crash was driven by leverage and AI fund liquidations, not poor corporate fundamentals.
• KOSPI's forward P/E is historically low at around 5.5x, presenting a strong buying opportunity.
• Investors are advised to avoid leverage and single-stock leverage ETFs to survive market volatility.
• Market leadership is rotating from semiconductors into secondary batteries, biotech, and financials.
• Samsung Electronics and SK Hynix need time to consolidate after pricing in long-term expectations too quickly.
• Good stocks can be identified by low price-to-sales, low price-to-earnings, and low price-to-book ratios.