James Lim, Senior Research Analyst at Dalton Investments, was recently quoted in Barron’s, discussing the South Korea stock market. According to Lim, many well-known Korean companies have low stock prices, but investors need to be very selective on where they invest. He is avoiding famous Korean names but digging deep for a few smaller mavericks. His top pick is Meritz Financial Group, which is run by a renegade chaebol scion who is returning 50% of profit to shareholders. Read the article here (behind paywall).
