Preface to the Revised Edition: "Yes, US Stocks Are Still the Answer"
Prologue: In the face of inflation, high exchange rates, and high interest rates
How to Read This Book Effectively

Chapter 1: The Past: Introduction to Stocks

- Korea from 1998 to 2002
- 2002, while studying abroad in the United States
Used cars in the US? | Walmart | Best Buy | Macy's | US home prices in 2024? | Starbucks
- 2008, a new beginning
Bank of America | JP Morgan | What is a 401K Plan? | US Car Rental Companies | Avis | Apple | Metaplatforms | Alphabet
- 2011, Boston and the Rich Barber
Home Depot
- 2015, a year of cold winds and transition
US Auto Market Share | The Age of Austerity
- 2016: A Time of Regrowth and Big Tech
Costco
- 2018, the cold wind blows again

Chapter 2: Present: Overcoming the Crisis

COVID-19 in 2020: Despair, but Opportunity
Pfizer | Merck | Eli Lilly
- E-commerce
Amazon
Investment and Response in the COVID-19 Era
2022, the beginning of austerity: high interest rates, high inflation, and high exchange rates.
What is the 'Federal Reserve Board'?

Chapter 3: The Future: The Fourth Industrial Revolution and Investment

- Boston, 2015
- The 4th Industrial Revolution
- Moore's Law
Two Fundamental Questions for 4th Industrial Revolution Investors
- Artificial intelligence
Microsoft's AI | Google's AI | GPUs and Nvidia's AI | Intel's AI
- Electric vehicles and autonomous driving
Tesla | Waymo's Level 4 Autonomous Driving
- Cloud platform
Microsoft
- Augmented reality
Viewix
- Virtual Reality and Metaverse
- semiconductor
Nvidia
- Robot
Intuitive Surgical
- Biotechnology
Intellia
- Drones, space industry
SpaceX

Epilogue: The Return of the Project: US Stocks Are the Answer

Where will the next Nvidia be in 10 years?
“The answer is still in US stocks!”

Q: US stocks seem to be rising a lot these days. Are there still opportunities in US stocks?
A: Yes.
US stocks are still the answer! Focus on US small-cap growth stocks!

Successfully invested in the US stock market for 20 years
The latest US stock information from a US law school professor!

How to Enter the World of Wealth Without Missing the Opportunities Books Offer

# Significant changes in the revised and expanded edition

· Changes in the macroeconomic environment over the past two years
· Changes in each field of the Fourth Industrial Revolution, including artificial intelligence and autonomous driving.
· Business status of NVIDIA, Tesla, Apple, SpaceX, OpenAI, etc.
· Sales, EPS, and overall industry changes for promising small- and mid-cap growth stocks in the U.S.
· Fair stock prices of major promising growth stocks as of Q1 2024

"Do US stocks, which have risen so much so far, still offer us opportunities? Will they continue to offer opportunities and rise in the future? My answer is, 'Yes, US stocks are still the answer.'"
U.S. stocks are entering the final stages of the Fourth Industrial Revolution, which began in 2015, and North America remains at the forefront.
Additionally, autonomous driving, robotics, cloud services, artificial intelligence, augmented reality, quantum computing, and the space industry are expected to continue growing until 2030.


This revised edition strives to capture the changing macroeconomic environment over the past two years and the rapid changes in various fields of the Fourth Industrial Revolution, including artificial intelligence and autonomous driving.
We also updated the business situations of the companies covered in the previous edition.
We covered not only sales and earnings per share, but also changes in the overall industry.
Above all, the fair stock price as of the first quarter of 2024 was also presented.
Of course, this fair price may change depending on quarterly earnings announcements.
“I believe that if readers refer to the good stocks and fair stock prices presented in this book, wait patiently, and make an effort to buy them at a price lower than the fair price, they will be able to make good profits.” (From the ‘Preface to the Revised Edition’)

Professor Lee Tae-tak (tenured professor at Rutgers Law School), who has been a successful investor in the U.S. for over 20 years and is also active as an expert on U.S. stocks, says that the answer still lies in the U.S. stock market.
Having experienced the US market for over 20 years, he has strong confidence in the potential of US stocks.

“[After observing the U.S. stock market] for the past 20 years, I have observed that the U.S. market, where capital from around the world gathers, has overcome crises and has risen steadily.
“While some companies were eliminated, those that successfully overcame the crisis continued to grow, increasing their asset value, and their stock prices reflected this increase.” (From the ‘Epilogue’)

In particular, he emphasizes that technology and software stocks that have led the U.S. over the past decade have become ten-baggers, and recommends looking for potential in U.S. stocks related to the Fourth Industrial Revolution.
“Moreover, the United States still exerts global leadership politically, economically, socially, and culturally, and American companies are leading the world in the Fourth Industrial Revolution.
And I don’t think this trend will change easily over the next 10 years.”

20 years of achievements
The story of a wise investment life of an American stock expert
As a local, the author has personally seen and studied
Detailed and vivid information on US small-cap growth stocks

Professor Lee Ju-tak's "Opportunity Returns, US Stocks Are the Answer" (latest revised and expanded edition) differs from existing stock investment books in its structure.
Don't approach investing simply as a question of a certain section or a certain stock.
Rather, we took a more fundamental approach.
This book is structured to give readers a glimpse into the author's investment life as a successful stock investor.


Chapter 1 deals with the past.
The author's story, from the time he first began investing in stocks after the IMF crisis to the time he resumed full-scale investment in the United States after the Lehman Brothers collapse in 2008, reveals the face of an investor who turns crises into opportunities.
You can also learn the successful habits of savvy investors by reading about how they find investment ideas in their daily lives.

Chapter 2 examines the economic crisis from the COVID-19 pandemic in 2020 to October 2022, offering readers insight into how to manage their portfolios and what investment ideas to consider during this unprecedented crisis, drawing on the author's own experience.
This can be said to be the highlight of this book.

Chapter 3 diagnoses the future.
The author's future investment idea can be summed up in one word: "US growth stocks related to the Fourth Industrial Revolution."
The author focuses on research on "Artificial Intelligence and Law," and introduces readers to several companies that have the potential to lead the Fourth Industrial Revolution, which he discovered through his research.
Although it is not a long article, readers will be able to gain various future investment ideas from it.
The author strongly emphasizes to readers that studying hard, persevering, and investing until the end are the path to wealth.


“If we look ahead to the future and the direction of development, and gradually accumulate stocks of promising companies whose prices have fallen in recent market crises, I believe we too can achieve great wealth and financial independence, like the greats.
(…) Let’s study American stocks passionately in the era of the 4th Industrial Revolution.
I believe that the path to wealth lies in discovering good companies, strategically allocating assets, wisely managing risk, and investing with purpose and patience for the long term.”