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South Korean boy Kwon Joon with 43% gains is new retail trading icon

Kwon pestered his mother to open a retail trading account last April with savings of 25 million won ($22,400) as seed money

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“I really talked my parents into it, because I believed an expert who was saying (on TV) that this is a once-in-a-decade opportunity,” said Kwon, who rode the steepest jump by year-end among MSCI’s country indexes | Photo: Twitter

Cynthia Kim | Reuters Seoul

1 min read Last Updated : Feb 09 2021 | 10:35 PM IST

Watching the business news first thing is a new routine for 12-year-old South Korean Kwon Joon, as he dreams of becoming the next Warren Buffett after earning stellar returns of 43 per cent from a hobby picked up just last year: buying stocks. Kwon pestered his mother to open a retail trading account last April with savings of 25 million won ($22,400) as seed money, just as the benchmark KOSPI index began recovering from its biggest dip in a decade.

“I really talked my parents into it, because I believed an expert who was saying (on TV) that this is a

Topics : South Korea stock market trading

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