For us, value investing is not about reacting to market prices, but about clearly understanding and assessing the intrinsic value of a company. To this end, we have focused on developing deep expertise to analyze intrinsic value beyond short-term price fluctuations, while cultivating the organizational insight needed to identify long-term growth potential.
For value investors, long-term investing means having the conviction that intrinsic value—which encompasses both present worth and future growth potential—will ultimately be reflected in market prices. It is an approach that requires the patience to wait until that value is realized. Value investing and long-term investing are thus closely linked, forming an inseparable foundation of our philosophy.

The most important asset we hold is the trust of our clients.
Our principles of value and long-term investing cannot be realized without that trust. Waiting for the gap between market value and intrinsic value to close requires enduring and continuous confidence from our investors. That is why we regard client trust as the very basis of all our strategies and the key to lasting success.
Our management philosophy, Shin Jeuk Geun Young (信卽根榮) — “customer trust is the foundation of prosperity” — remains the cornerstone and driving force of our practice of value investing and long-term investing. We will continue to treasure client trust, remain true to the essence of these principles, and strive for sustainable growth together with you through long-term performance.