The other day, I quoted the lyrics of the song “Mad, Mad World " sung by Ricky Nelson. The song says that "Everybody is running in a mad, mad world, but nobody is going nowhere. Everybody is gotta have more than the others. Gotta have more than their share." The salutary words could possibly describe the crazy Korean stock market now. Please see the following report.
PS. I have always thought that the total value of the money in the market is not limitless. Therefore, the overvalued money in the stock market will be back to its normal level sooner or later. By the time the market slumps, it will have been a tragedy for the majority of individual "investors". History has testified that there is no exception.
FYI, I have limited stocks myself, but I seldom sell them. They are all blue chips, and I have been enjoying their long-term returns and annual dividends.
