Why Good Investments End in Bad Sells

Summary

Park Se-ik and Choi Ho read and discuss the January 30 newspapers in this daily morning show. Key market implications include the dollar-yen rate as the February risk gauge, a plan to raise cash into early-month KOSPI strength, Hyundai Motor's re-rating toward physical AI and robotics, expected WGBI-driven inflows into Korean government bonds, POSCO Holdings' lithium-led earnings recovery, and the AI power-infrastructure bottleneck facing Korea. The hosts also stress sell discipline and long-horizon holding of quality companies.

• USD/JPY falling toward 150 is flagged as the key February volatility risk, with risk management advised if it breaks.
• After January's large KOSPI monthly candle, early-February strength is seen as an opportunity to build cash.
• Norway selected Hanwha's K239 Chunmoo over HIMARS, and Hyundai Motor was re-rated as a physical-AI and robotics leader.
• Foreign buying of Korean government bonds reached a record 121 trillion won ahead of WGBI inclusion in November.
• POSCO Holdings is expected to pass its earnings trough as lithium prices rebound and its lithium projects ramp up.
• The AI race is framed as a power-infrastructure race, requiring grids, UHVDC, nuclear and SMR, and storage in Korea.
• Hosts explain that KOSDAQ financial-investment buying is mostly ETF liquidity-provider and arbitrage flow.
• They emphasize sell discipline, patience, and long-term conviction in quality stocks.