Assets grew 14 times in 18 years... Trust compounding and make time your ally - 'The True Power of Value and Long-Term Investing' by Professor Seo Jun-sik, Soongsil University

Summary

Professor Seo Jun-sik of Soongsil University shares his long-term value investing philosophy. He believes KOSPI is short-term expensive but will rise over five years driven by capital-market reforms, especially listing the Korea Exchange. He concentrates on deeply undervalued small/mid-cap securities stocks (PBR below 0.5) while avoiding AI and thematic fads. His own 18-year track record of 14x asset growth was built by focusing on dividend growth, historical earnings track records, and compounding.

• Professor Seo views KOSPI 8,000 as somewhat rich near-term; he would sell half at 12,000 but expects long-term upside with reforms.
• He argues that listing the Korea Exchange would catalyze market activation and MSCI developed-market inclusion.
• His personal portfolio grew 14x in 18 years, averaging ~16% annually, by prioritizing dividend growth and compounding.
• He selects stocks based on a 10–20-year history of earnings, dividends, and net asset growth, not on future themes.
• He is currently focused on small/mid-cap securities stocks with PBR under 0.5, calling them deeply undervalued.
• He advises investors to ignore hot themes like AI, biotech, and batteries, which he calls passing fads.
• Time and compounding are the investor's greatest allies; short-term performance fluctuations should be ignored.