Hello, I am Simtu A, and I have been sleeping well. However, I really like this place; it has a certain vibe that feels like Murungdo. I feel like I have found Murungdo, but there is a slight problem. I need more water here; currently, Murungdo is about 56% full. It should be at least around 95% to have a river and allow for fishing. On the left and right, there are bamboo trees, and there are chairs where you can play Go or have tea. Anyway, there are things flying around, you know? I still haven't found out what that is. The issue is that I have to go all the way to the road to find a restaurant, and the restaurant is in Somalia.

Yes, there's so much dust that the dust is all over the fish or any food, like pepper sprinkled everywhere. But it turns out that the pepper wasn't real pepper; it was something from the car. I thought it was pepper. Yesterday, I picked up a snack, and when I touched it with my finger, it left a mark like the three stripes of Adidas. Of course, there are still places around here, and there's a supermarket if you go a little further. It's a bit better here. It's just a flood zone; I don't really care about the road. Even if there's a flood, it just comes up to the third floor, so if you get a place that's three stories high, that's not a big deal. The important thing is that we found a place like a paradise and we can't cook every day. Normally, I eat about two meals a day, but even those two meals...

Actually, it's quite bothersome. Every time I go out, I'm sure I'll be eating something. As I mentioned earlier, if the food is sprinkled with pepper, no matter how strong my hunger mentality is, it's not the same as it used to be. Thirteen years ago, when I started investing, I had that hunger mentality. I would eat dust or even dirt; I would drink anything just to survive. But the situation has changed a lot, right? Those of us who are investors, who invest in companies and compound our investments, naturally do not lose our original intentions. We absolutely do not lose our initial mindset. Those who lose their original intentions are the ones who cannot invest properly; they are just people who made money by chance. As value investors to the core, we are focused on compounding.

Investors always forget about the emotional side of the market; it's always the same pattern. The only difference now is that the standard of living and culture are different from back then. Why should we struggle to live like we did in Somalia when we have money? Originally, spending money is actually enjoyable. There’s joy in spending money. We all know that saying, the joy of spending money. Who doesn’t know? Everyone knows it. 

In order to pursue a happy life in the future, both materially and spiritually, we sacrifice our current consumption to seek that future life. This is what investment is all about, isn't it? I went there and then returned to organize my home, and now I plan to take a bus for about 50 minutes to visit the village again. Not just any bus, but the kind that people typically take.

어쨌든 이렇게 투자를 시작할 때가 횡보장이었어요. 주식시장이니까, 얼마나 투자가 쉽겠어요? 주식시장이 횡보하니까, 말 그대로 700에 시작했다고 하면 거의 10년 동안 10년 후에도 700으로 끝났어요. 이게 얼마나 쉬운 일이겠어요? 그 안에서 횡보를 했다는 것은 매일 똑같이 일정하게 700에서 시작해서 700으로 계속 유지된 것이 아니라, 주식시장 지수가 만약 700이라면 730 갔다가 680 내려갔다가 700을 오갔다는 거죠. 이렇게 변동을 하다가 결국 마지막에 700으로 끝났으니까, 그 안에서 기업들을 보편적으로 평가하면, 기업이 도달하면 팔고, 나중에 한 1년 후에 보면 그 주가가 다시 예전 매수가로 돌아오니까, 또 사서 기다리면 주가가 다시 상승해 가치에 도달하게 되는 거죠.

Then, I sold again, and later had to wait another year. This has almost gone on for 9 or 10 years. And then, what happened? COVID-19 broke out. It was so easy; honestly, COVID was really easy to deal with. When the market crashed during COVID, I have to say, to be honest, it was a bit exaggerated. We have two things in our body, right? What are the two things? The liver is one, right? Anyway, when you go to the bathroom, there's a number written there. You call that number to withdraw cash and buy more stocks. When the pandemic hit, it came from China, and I was thankful to the women in Korea, writing thank-you letters and all. Anyway, during that time, the market suddenly dropped in just a few days. That moment was really brief, but...

There was enough opportunity to sweep it all up at that time. But people couldn't buy it, right? Why? Because they thought everyone would get infected. But as I always say, you shouldn't think that way. Investing, especially corporate investment, is not about whether my country will end up like Venezuela or Laos. My country, after all, is still somewhat stable. Even if one wheel falls off, and three more fall off, there will still be two left. Anyway, the economy will continue in some form. South Korea will continue to exist, and it will maintain an economy that is at least strong enough to withstand some challenges. We need to have this kind of mindset. If we hold a very negative attitude, how can we invest in businesses? There are people who say that the South Korean economy is finished, and they look at it that way.

The economy is negatively impacted by politicians, by the president, by various people, and by the owners of companies. It's incredibly negative, yet there are those who invest in stocks. These people are crazy. They are the most insane of all. Those who view the country so pessimistically and claim it's going to fail are the same ones investing in stocks. They should really put their necks on the line for their descendants to see how it goes, all the way down to the 20s. Investment should be based on optimism. It needs to be optimistic, but since there are occasional crashes, you have to be a pessimistic optimist. Peter Lynch often talks about this. But anyway, during the COVID period, it was so easy. There was a huge drop at that time, and if you had invested then, it would have skyrocketed afterward.

Yes, of course, there were some who didn't go. What was it? Travel stocks, for example, they were turned upside down because we couldn't do anything during COVID. Excluding those, generally, most companies were really struggling because the ceiling had completely fallen. Especially gaming stocks and pharmaceutical stocks. It wasn't just them; everyone was in the same boat. At that time, we had no choice because the companies were telling everyone to stay home. What was there to do at home? Besides just staying home and doing nothing, or rather, besides just playing around, there was nothing. Everyone was investing in stocks; you and I both. And during that time, what was it? Gaming, gaming, gaming money. No, not gaming money, what was it? Coins! We were crazy about coins too. You and I both just threw all our money into that without knowing whether it was good or bad. So, for those two years...

그 정도로 주식 투자하기가 쉬웠다. 눈을 가리고도 똥구멍으로 주식을 사도 돈을 벌 만큼, 그냥 침을 뱉어서 찍히는 기업을 사도 돈을 벌 수 있을 정도였다. 물론 그 2년 후에 코로나가 최고점을 찍고, 그때 이제 왔다. 언젠가는 이게 끝날 것이라고 생각했지. 병이 완전히 종결되지 않아도 사람들이 이제는 많이 알게 됐다. 물론 많은 사람들이 죽었지만, 이제는 점점 감염력이 약해지고 다들 알잖아. 그런데 그때 주식에 더 들어간 사람들이 문제였다. 완전히 바보 같았다. 아무튼 그때 너무 돈을 많이 벌었지. 그런데 일반적으로 가치 투자자라면 분명히 이 거품이 깨질 거라고 알고 있었을 것이다. 만약에 많이 팔고 현금을 갖고 있던지, 아니면 저처럼 기업을 다시 말하자면 그동안 최대한 올라가지 못한 기업에 투자했어야 했다.

여러 개의 분산을 시켰다던 뭔가 조치를 취해놨겠죠. 물론 그렇다고 조치를 취해놨다고 해서 주식 시장에 급락할 때 하락을 안 하지는 않죠. 하락합니다. 거기까지 생각을 하겠죠, 다들. 어, 대가리가 정신이라면. 그런데 어떻게 됐어요? 주식 시장은 코로나 법을 깨고 다 뒤졌죠. 대부분, 바로 이게 문제예요. 2년 동안 코로나 때 돈 벌면 뭐냐, 그거예요. 참지 있었어요. 얼마 벌었네, 돈 벌었네, 벌 벌었네. 뭐, 친척 한때 뭐 소개시켜 뭐고, 어찌고, 뭐 거기 막 코인은 어쩌고 저쩌고. 그러다가 코인 막 사기치고 없어지고, 횡령하고, 주식 시장은 폭락하고, 중례하네요. 거기다 아파트도 그냥 중례하네요. 그래서 결국은 뭐다? 가치 투자, 기업 투자자, 복리 투자자들은 초심을 절대 잊지 않아요. 항상 똑같아요. 초심이 현재나 똑같아요. 왜? 패턴이 안 바뀌기 때문에.

So, the value investor becomes a compound investor. In particular, the value investor is, in a way, a compound investor. A value investor has a deep understanding ingrained in their heart. Whether the market is in a bubble or experiencing a downturn, long-term, we can make money. We can't make money every year. How can we earn money every year? For instance, during the COVID-19 crash, I couldn't make money either. But if that's not the case, we can invest comfortably and make money, and that too through compounding. This is what makes investing in companies easier. As I mentioned before, in compound investment, the business details of the companies are already laid out in seven sections. The business content is all there, the competitors are listed, and if you go into the notes, you'll find the income statement and the balance sheet.

If you look at the notes on the cash flow statement, most of it is explained. It shows where money has been lent, where payments are currently not being received, and sales data—basically, everything is laid out there. If I know myself and know you, it’s like knowing the people. I know my business and who my competitors are; it’s all already laid out in seven out of ten pages. It's frustrating when people who don’t understand just go and buy without knowing anything. Honestly, these people need to be caught and dealt with. This isn’t a game. Sometimes, people say things like, “Why are you swearing? What does it have to do with you and me?” They can just ignore it if they don’t want to hear it. How much speculation has there been? Honestly, I don’t care about the comments. I’m not a YouTuber. What’s important is...

올바르게 돈을 버는 것이 중요한 것은 장기적으로 돈을 벌어 행복하게 사는 것이기 때문입니다. 물론 제가 여러분에게 돈을 이렇게 저렇게 벌어서 나중에 사회에 환원하겠다는 이야기는 하지 않을 것입니다. 왜냐하면 저는 나중에 죽기 전에 사회에 환원할 것이기 때문입니다. 하지만 결국 그 돈은 본인의 것이니까 제가 뭐라고 할 수는 없습니다. 결국 투자를, 특히 기업 투자를 제대로 한 사람은 복리의 힘으로 나중에 최소 수십억에서 수백억을 벌게 될 것입니다. 예를 들어, 40년 동안 투자했을 경우, 그 돈을 어떻게 쓰고 가느냐는 본인의 인생입니다. 물론 자선사업에 기부해도 되고요. 아무튼 항상 말하지만, 대차대조표, 손익계산서, 현금 흐름표, 이 세 가지만 잘 보면 사업 내용을 대충 이해할 수 있고, 이 세 가지를 보고 기업을 꽤 많이 사면 돈을 벌 수 있습니다.

Honestly, if you just look at the business content without even checking out competitors, and if you only take a minute to look at the financial statements, investing in stocks is actually really easy. Originally, that's how it is. Some investments have a market capitalization of 300 million, but they have 80 billion in cash and are still in the red. Should you buy such a company or not? You should buy it. If the market capitalization is 100 million but they have 500 billion in accounts receivable, should you buy that company? Yes, you should. If the market capitalization is 500 million but they own 2.8 trillion in real estate with no debt, should you buy it? Of course, you should. Even if you just do this with about 30 companies, you can easily make a profit. You could just go to the mountains every day to gather herbs and enjoy the simple life.

Are you starting from the morning? Well, it's okay to say that money is being made. Here, I'll give it about 50 or 56 points. The important thing is that, anyway, the main goal is to go to Vietnam as an actor. If someone sees this, they might think I speak Thai really well. But no, I only know a little bit of Thai. Just a little bit, I'm still learning. Anyway, invest wisely. Why am I here? I'm trying to buy something now. Have a good day! I'm just going to do a little bit of baking. Have a good day!

태국에서 베트남 가는길에 무릉도원 찾기| 주식투자 엉망인 사람들은 망치로 자기에게 꿀밤을 줘야 한다 | 너무 쉬운 주식투자를 너무 못하니까 | 팍 후려쳐라!

Scripts