Korea becoming irreplaceable partner as its economy moves up a weight class

Benjamin Graham, widely regarded as the father of securities analysis, famously observed, “In the short run, the market is a voting machine, but in the long run, it is a weighing machine.” His words underscore a fundamental truth: While market valuations may be swayed in the short term by investor sentiment and popularity, over time they tend to converge toward intrinsic value. Some have voiced concerns about the recent short-term volatility in Korea’s stock market. Yet in the long run, it is th