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Mr. Ri, Co-CEO of V&S Investment expects a bull market in Korea in mid-to-long term. Equity risk premium of U.S. equity market stands at its 60 year high, implying the market is undervalued. In addition, competitive edge of U.S. manufacturing sector is recovering.
Mr. Ri pointed out that value stocks should outperform growth stocks in Korea as Korean economy entered into ¡®maturing¡¯ stage. He views that ¡°value cycle¡± may be prolonged in the next several years.
[Original video file is available at Original Article [KOR].]
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