Comedian Kim Soo-yong drew a line against the nickname "God of Stocks," which he earned due to his stock trading records totaling 43 billion won. He explained that the 43 billion won figure is not his assets, but merely the sum of all amounts from buying and selling stocks.
In a video released on YouTube on the 22nd, Kim Soo-yong said, "I received many contacts after disclosing my stock trading records," adding, "Judging only by the article headlines, people think I am managing about 43 billion won."
When asked by the production team whether he actually has 43 billion won, he joked, "I wish I did." He emphasized that if one buys and sells stocks multiple times with the same amount of money, the trading volume increases, stating, "It is not true that my assets are 40 billion won."
The reason Kim Soo-yong entered the stock market was actor Park Joong-hoon's investment success story. After reading an article about how 50 million won that Park invested in a friend's company grew tenfold, Kim bought the same stocks with 20 million won, but his investment capital halved within a month.
He then used the remaining 10 million won to buy stocks related to the Genome Project, which resulted in even larger losses. Kim revealed that when his investment capital dropped to 2 million won, he thought, "If I trade stocks again, I am a dog," and temporarily stopped trading.
Kim resumed investing with 30 million won saved in 2007 but suffered losses again. He said there was an incident where he sought investment information from Kim Yong-man and Ji Seok-jin, only for the relevant stocks to be delisted, causing him to lose nearly 50 million won.
The turning point came when he took on hosting a securities broadcast in 2011. After the broadcasts ended, he learned how to analyze stock charts and companies from experts. Kim said, "From that time on, I stopped asking others and studied on my own, which resulted in profits of about 10 million to 20 million won."
Later, when stock prices plummeted due to the spread of COVID-19, he judged it a buying opportunity and invested again. He stated, "So far, I have covered all past negatives and am currently in a slightly positive state," adding, "It is an exaggeration that I earned hundreds of millions of won and am the God of Stocks, as reported in articles."
in ENTERTAINMENT
