Now we need to approach economic problems from a different perspective.
I used to think that economics was a very macro-level story, and that great economists would know the answers.
But I have a feeling that's not the case.
Our economy cannot survive the way we have been doing things so far.
I think we need to change the way we approach economic issues.
We need an economics centered on field experts.

--- From "Prologue_The Truth of the Shepherd Boy"

Now that you've acknowledged your luck and decided to invest, you need to have courage.
It's not the courage to make money, it's the courage to lose money.
You have to think about the loss first.
Many people get frustrated and can't sustain because they don't do this.
It is very important to first have the courage to tolerate loss.

--- 「1.
From "If You Can't Do It, Do It Right: The Essence of Investing"

Some say, “When wages rise, prices rise further.”
However, as wages rise, prices also rise, but when prices rise, wages must also rise accordingly.
I don't think that just because prices are rising, they should necessarily be lowered.
In capitalism, rising prices may in itself be economic growth.
In the era we are entering, price volatility for all products will increase.
To keep the economy stable against that volatility, wages need to rise steadily to some degree.

--- 「3.
From "Surviving the Party of Price and Exchange Rate Crash: Korean-Style Income Insecurity"

When homelessness increased in one US state, they started collecting taxes to help the homeless.
The idea was to provide support such as social dependent income.
There was a lot of opposition at first.
But as the subsidy eliminated homelessness, the number of tourists began to increase.
The economy is booming again and the region is coming back to life.
These changes aren't just 'good-natured noises'.
Ultimately, the core of the economy is 'circulation'.
It has to go around and around.
From that perspective, there are plenty of clever ways to improve the economy.
--- 「4.
Let's make some money too: The Story of the Rich 1"

I've been working as an analyst for a long time and I've met a lot of rich people.
What most of them have in common is that they were lucky.
But would it be convincing to you if I told you, "You need luck to get rich"? It wouldn't be convincing.
So, we need to exclude luck and bring in the stories of people who have failed and compare them.
There is a point where the commonalities of those who become rich overlap with those who fail.
I found this.

--- 「5.
From "Earning and Being Happy: The Story of the Rich 2"

What's important here is the nature of money.
Speed ​​is important.
When investing, speed is key.
It's called the 'snowball effect'.
How do you make a small snowball grow big? You have to roll it quickly.
Likewise, speed is important even when you don't have money.
The amount of money doesn't matter.
Investing can be done with small amounts of money.
Even a small amount of money can quickly grow into a large sum.
The word I hate the most is long-term investment.

--- 「6.
Don't lose, don't be fooled, look to tomorrow: from "Youth, everyone's blue chip"

In order to resolve the Korea discount, we cannot help but point out the issue of treasury stocks.
I cannot help but explain the case of Japan.
When we did the value-up program in Japan, the key point was to 'buy back a lot of treasury stock and burn it all.'
I think I need to explain why this is a value-added product.
--- 「7.
Korea Discount: Six Reasons Why Ants Are Inevitably Lost

When looking at stocks and real estate, it is necessary to carefully consider past examples.
Especially, Korean real estate is a domestic market.
Conservative media reports that foreigners, especially Chinese, are buying real estate, but it hasn't been that long.
So the important point is that the domestic market has limited players.
Simply put, it means that foreigners decide the price and buy and sell.
Even 10 or 20 years ago, Koreans loved houses, wanted to make money from houses, and wanted to own their own homes.
So, the market where Koreans buy and sell among themselves has gone through the same changes in the past as it does now.
That was exactly 2009.

--- 「8.
From "The Law of Real Estate Variables: Homeownership and Psychological Anxiety"

As we discussed earlier in the story of innovation at a steel mill, even if it's not a great AI, we can find ways to live well by utilizing a certain level of AI.
Unless you just try to live the way you've lived.
This is the basis for living in the age of innovation.
--- From "9. Am I Trembling Before AI?: Thinking About the Fundamentals of Innovation"

In the end, even after retirement or old age, most of your assets are real estate.
In terms of a company, it has a lot of fixed assets and a small number of current assets.
But what happens when you get older? Your income decreases and you have more money to spend.
Simply put, we need more liquid assets that can be used than real estate.
Well, now it's a matter of choice.
What should we do with this real estate? In fact, it's considered the most crucial asset for retirement in South Korea.

--- From "Epilogue_Please Take Care of My Old Age"