"It will burst like the dot-com bubble" Chilling warning... Samjeonnix retail investors 'super emergency' | Chesley Investment Advisory Executive Director Park Se-ik [Womaesinbak / 26.08.18.Tue]

Summary

Park Se-ik reviews recent market volatility, emphasizing that market crashes present prime opportunities to buy quality assets at a discount, as evidenced by his firm's recent investments. He also addresses concerns about an AI bubble, arguing that unlike the dot-com era, current AI semiconductor companies are generating real earnings and driving a structural shift similar to the PC revolution.

• Emphasizes buying good assets during market panics rather than selling.
• Notes that his firm invested heavily during the recent KOSPI drop and expects strong returns.
• Reviews news on Trump's remarks regarding US-South Korea military drills and North Korea.
• Discusses the vulnerability of the Korean semiconductor supply chain due to heavy reliance on Chinese raw materials.
• Highlights Wall Street's heavy investments in Amazon driven by AWS and AI infrastructure growth.
• Warns that rising US long-term Treasury yields act as a major risk factor for global stock markets.
• Rejects the notion of an AI bubble burst, comparing the current AI boom to the PC revolution due to solid earnings backing the trend.