As I mentioned earlier, shareholders can always

"As I mentioned earlier, shareholders can always choose a position that is more favorable to them while holding two positions. He can be a partner who owns a stake in the company, or an investor who can sell the stock at any time at the market price.

But bear in mind the important fact: a true investor is never forced to sell shares, and you can always ignore the current stock price."

That's what Benjamin Graham, the father of value investing, left from a wise investor.

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However, Korean stock investors should keep it in mind "the opposite way." True Korean investors are forced to sell their stocks in daily life. No matter how much they invest in undervalued stocks and wait patiently, unfair mergers or comprehensive exchange of unfair stocks often occur if major shareholders want to. It is also common for a company I have invested in to become a subsidiary through physical division. Major shareholders often make tender offer at low prices and then squeeze out.

The board of directors does not protect general shareholders in situations where stock selling is forced. The law also does not protect general shareholders.

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Value investment is to analyze the company thoroughly and then wait patiently.

I invested in Doosan Bobcat, but I can't invest in value only when the stock is forcibly changed to Doosan Robotics. The Doosan Bobcat case is a very important case to determine whether there is any possibility of a healthy investment in our market.

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Everyone would laugh if they said they would invest in value in North Korea. 'Where to invest in stocks' is a very important issue that must be carefully judged to protect you and your family.